SEOUL, March 16 (Korea Bizwire) – The legal battle between two major South Korean companies, Nongshim Group and Homeplus, has intensified over the use of the trademark ‘Mega’. Mega Mart, a supermarket chain owned by Nongshim, filed a lawsuit on March 2 against Homeplus, accusing the comany of trademark infringement for its newly introduced hypermarket [...]
SEOUL, March 2 (Korea Bizwire) — South Korean hypermarket chain operator Homeplus Co. said Monday that it will set up a mobility service platform that will enable customers to buy and sell cars and motorcycles at its outlets. The company said that based on the fact that most of its customers use their own cars [...]
SEOUL, Nov. 18 (Korea Bizwire) — A retail company is engaging with so-called ‘manias’ as part of its marketing strategy, as they are rising as new major consumers capable of offering useful advice for product development. Homeplus Co., a South Korean hypermarket chain operator, plans to hold a ‘Club Week’ until November 27, during which [...]
SEOUL, Dec. 17 (Korea Bizwire) — Supermarket chain HomePlus Co. said on December 16 that 27 ‘Maekmmelier’ had been chosen via ‘The First Maekmmelier Contest’ in which participants measured their beer mania skills with others. Maekmmelier is a combination of ‘maekju’, the Korean word for beer, and ‘sommelier,’ and refers to one whose beer mania [...]
SEOUL, March 27 (Korea Bizwire) — South Korean hypermarket Homeplus said Tuesday it will push to join a European distribution network in a move to ensure customers have access to quality goods at lower prices. The second-largest retailer in South Korea has already worked with the European distribution network whose combined annual sales are worth [...]
SEOUL, Nov. 7 (Korea Bizwire) – South Korean supermarket giant Homeplus has been hit with a 500 million won fine after providing exaggerated profit forecasts to its convenience store franchisees. Homeplus is facing one of the biggest corporate fines in the country’s history after it was discovered the company had given 206 prospective franchisees exaggerated profit [...]
SEOUL, Oct. 9 (Korea Bizwire) — South Korea’s large retailers posted solid sales ahead and during this year’s Chuseok holiday helped by all out marketing efforts to attract customers, industry sources said Monday. Data provided by local retailers showed double digit growth by some companies as the country celebrated the longest holiday in decades. Chuseok, [...]
SEOUL, Jul. 25 (Korea Bizwire) — South Korean breweries have been on a roll as of late, surpassing sales of imported beers after steady growth over the past three months, according to one of the biggest supermarket chains in the country. HomePlus said on Monday sales of domestically brewed beers accounted for over 50 percent [...]
SEOUL, May 9 (Korea Bizwire) – The Korea Fair Trade Commission (FTC) is mounting a legal challenge against South Korean retail giants including E-mart, Lotte Mart, and Homeplus over their misleading ‘buy one, get one free’ deals, after reports emerged accusing the supermarket chains of doubling the original price of products to deceive consumers. The FTC [...]
SEOUL, April 7 (Korea Bizwire) – The country’s top court on Friday overturned an acquittal handed down to local retailer Homeplus Co. over illegally selling customer data to insurance firms. The retailer was indicted in February 2015 on charges of gathering more than 24 million pieces of customer data, including birthdates and the number of [...]