E-Mart Archives | Be Korea-savvy
E-Mart Offloads Real Estate, Buys Back Shares to Restore Competitiveness

E-Mart Offloads Real Estate, Buys Back Shares to Restore Competitiveness

SEOUL, Aug. 14 (Korea Bizwire) — E-Mart Inc. has decided to buy back shares worth some 100 billion won (US$82 million) and securitize its assets through sale and leaseback arrangements. “At the current stage, we have to save up our capability, and use that capability when there is an opportunity,” said Shinsegae Group Vice Chairman [...]

E-Mart to Focus on Online Sales, Convenience Stores

E-Mart to Focus on Online Sales, Convenience Stores

SEOUL, Feb. 14 (Korea Bizwire) — E-Mart Inc., South Korea’s largest hypermarket chain, said Thursday that it aims to raise its online sales by 30 percent this year, and open more convenience stores. The retail giant, part of Shinsegae Group, also will further nurture its warehouse store, E-Mart Traders. The company expects its sales for [...]

E-Mart Announces New Promotion to Strengthen Offline Competitiveness

E-Mart Announces New Promotion to Strengthen Offline Competitiveness

SEOUL, Jan. 4 (Korea Bizwire) — E-Mart Inc. has announced a new pricing policy called ‘Citizen’s Price’ as its first project this year to strengthen offline competitiveness. The Citizen’s Price initiative includes plans to significantly reduce prices of fresh goods and everyday necessities. The initiative comes after Chung Yong-jin, Vice Chairman of Shinsegae Group that operates E-Mart, [...]

E-Mart Brings Charging Stations and Car-Sharing to Parking Lots

E-Mart Brings Charging Stations and Car-Sharing to Parking Lots

SEOUL, Dec. 7 (Korea Bizwire) — E-Mart Inc. outlets’ parking lots will be renovated into multipurpose facilities that will provide charging stations for electric vehicles as well space to accommodate car-sharing vehicles. E-Mart, in collaboration with Straffic, South Korea’s leading company in traffic management systems, will open Electro Hyper Charger Stations at six of its [...]