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E-Mart Decides to Buy Bigger Stake in Starbucks Coffee Korea

E-Mart Decides to Buy Bigger Stake in Starbucks Coffee Korea

SEOUL, July 27 (Korea Bizwire) — E-Mart Inc. said Friday it will acquire an additional 17.5 percent stake in Starbucks Coffee Korea for 474.2 billion won (US$412 million) to become the coffee chain’s largest shareholder. The stake purchase would raise South Korea’s top discount chain operator’s interest in the leading coffee franchise in Asia’s fourth-largest [...]

E-Mart 24 Plans to Open More Hybrid Semi-unmanned Stores

E-Mart 24 Plans to Open More Hybrid Semi-unmanned Stores

SEOUL, July 2 (Korea Bizwire) — E-Mart 24, the convenience store arm of South Korean retail giant Shinsegae, said Thursday that it will increase the number of ‘hybrid’ semi-unmanned stores that operate without workers late at night using a digital payment kiosk system. During the daytime, however, the stores are operated by employees. The initiative [...]

E-mart Riding High on Brisk Demand for Eco-friendly Clothes

E-mart Riding High on Brisk Demand for Eco-friendly Clothes

SEOUL, Sept. 17 (Korea Bizwire) — Amid growing interest in environmental protection, eco-friendly clothes made of recyclable materials are enjoying rising popularity. E-mart Inc., South Korea’s largest hypermarket chain, announced on Wednesday that its in-house clothing brand DAIZ saw first-half sales of recycled clothes rise by 260 percent year on year. “The robust sales growth [...]

Coffee Lovers in South Korea Have a Crush on Coffee Pods’ Charm

Coffee Lovers in South Korea Have a Crush on Coffee Pods’ Charm

SEOUL, July 8 (Korea Bizwire) –Coffee pods are making up a growing percentage of an ever-growing coffee market in South Korea, with sales of products using pre-ground coffee sealed in a capsule more than doubling compared to sales of ground coffee in the first half of the year. According to Emart, South Korea’s largest discount [...]