E-Mart Archives | Be Korea-savvy
“PB” Private Brand Products Create Profits for Retailers, but Manufacturers Excluded

“PB” Private Brand Products Create Profits for Retailers, but Manufacturers Excluded

SEJONG, Aug. 16 (Korea Bizwire) – The increasing popularity of “PB Products” like E-mart’s “No Brand” goods is lining the pockets of retailers, but doing little to benefit manufacturers according to a report published by the Korea Development Institute (KDI). PB products (Private Brand) are a variety of consumer goods that are produced by manufacturers [...]

Pesticide Eggs: Wary Retailers Ban Sale of Belgian Products

Pesticide Eggs: Wary Retailers Ban Sale of Belgian Products

SEOUL, Aug. 11 (Korea Bizwire) — The European Union’s recent acknowledgement that large-scale shipments of eggs from Belgium and the Netherlands may have been contaminated by a pesticide has stores and markets rethinking the sales value of Belgian waffles. The pesticide, Fipronil, is believed to be hazardous to humans. So far, Germany, England, Sweden, Switzerland [...]

Seafood Off-Cuts Offer Value to Savvy Shoppers

Seafood Off-Cuts Offer Value to Savvy Shoppers

SEOUL, Jul. 19 (Korea Bizwire) — As South Korea’s economic slump continues to take its toll on consumers, and with the price of seafood on a steady rise, off-cuts of seafood that have been widely ignored by the public such as salmon head and squid mouth are becoming increasingly popular. According to data released by online [...]

Shinsegae to Spend 300 Bln won in Loss-making Convenience Store Business

Shinsegae to Spend 300 Bln won in Loss-making Convenience Store Business

SEOUL, Jul. 13 (Korea Bizwire) — Retail giant Shinsegae said Thursday it will invest 300 billion won (US$263 million) over the next three years to help its loss-making convenience store business cope with the rapidly growing market. Shinsegae, which tapped into the convenience store market in 2014 with an acquisition, has been suffering from losses [...]

E-mart Works with SM Entertainment to Attract Young Shoppers

E-mart Works with SM Entertainment to Attract Young Shoppers

SEOUL, Jul. 9 (Korea Bizwire) — South Korea’s No. 1 discount retail outlet E-Mart said Sunday that it will expand work with a leading K-pop agency to market products that can attract young shoppers. The chain store, a key affiliate of retailer Shinsegae Group, said it will create 49 everyday products in cooperation with SM [...]

Bananas Become Top-selling Fruit

Bananas Become Top-selling Fruit

SEOUL, Jul. 7 (Korea Bizwire) — Bananas were the most sold fruit in the first half of the year, according to leading retail giant E-mart on Friday, replacing the longtime favorite apples. E-Mart said it sold 37.6 billion won (US$32.48 million) worth of bananas in the January-June period, up 8.7 percent from the same period [...]

E-Mart to Open “No Brand Win-Win Store” at Anseong Traditional Market in July

E-Mart to Open “No Brand Win-Win Store” at Anseong Traditional Market in July

SEOUL, June 9 (Korea Bizwire) – E-Mart revealed on Wednesday the future opening of its “No Brand Win-Win Store” in Anseong Traditional Market in the city of Anseong. The new venture, part of a collaboration with Anseong City, is expected to share retail space with Hwain Mart on the first level of Anseong Traditional Market. On the [...]

Lotte Determined to Succeed in Chinese Market Despite THAAD Row

Lotte Determined to Succeed in Chinese Market Despite THAAD Row

SEOUL, June 7 (Korea Bizwire) – South Korean retail giant Lotte will not be abandoning its businesses in China, which have been reeling from apparent retaliation after the company provided the South Korean government with land for a new THAAD anti-missile system.  A Lotte official in China said Wednesday that “there is no change in [...]