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Shinsegae to Open its First Independent Hotel in Seoul This Week

Shinsegae to Open its First Independent Hotel in Seoul This Week

SEOUL, Jul. 17 (Korea Bizwire) — Shinsegae Chosun Hotel, the accommodation arm of South Korean retail giant Shinsegae, said Tuesday it plans to open a new boutique hotel in Seoul this week, marking the first time that the business group will operate an independent hotel brand. Hotel L’Escape, located next to Shinsegae’s main department store [...]

Shinsegae Vice Chairman Steps Up Foreign Market Research

Shinsegae Vice Chairman Steps Up Foreign Market Research

SEOUL, Jun. 10 (Korea Bizwire) — Shinsegae Group Vice Chairman Chung Yong-jin appears to have stepped up foreign market research ahead of the retailer’s launch of a premium grocery store in the United States next year. According to posts of Chung’s Instagram account, he appeared to have visited a food exhibition in the Netherlands last [...]

Survey of Tourists’ Top Buys in Airport Duty Free Shops

Survey of Tourists’ Top Buys in Airport Duty Free Shops

SEOUL, May 24 (Korea Bizwire) — Red ginseng was the most popular product among Chinese shoppers at Korea’s airport duty-free shops, according to a survey by Shinsegae Duty Free’s Incheon Airport branch. In addition, Japanese visitors favored dried laver products, while Southeast Asian tourists said they liked “Honey Butter Almond” products the most. According to [...]

Shinsegae Vice Chairman Unveils Autonomous Cart Under Development

Shinsegae Vice Chairman Unveils Autonomous Cart Under Development

SEOUL, March 29 (Korea Bizwire) – The vice chairman of South Korean retail giant Shinsegae Group on Thursday revealed an autonomous shopping cart under development as the company moves to secure competitiveness of its offline distribution channels. Dubbed eli, it would be the world’s first autonomous cart, Chung Yong-jin said in a post on his Instagram account that included a clip showcasing the cart’s key [...]

South Korean Retailers to Prioritize Employee Work-Life Balance

South Korean Retailers to Prioritize Employee Work-Life Balance

SEOUL, Feb. 28 (Korea Bizwire) — Following the government’s move to shorten legal working hours, an increasing number of South Korean retailers are expected to help employees achieve a healthy work-life balance. The Environment & Labor Committee at the National Assembly passed a reform bill today that prohibits employees from working more than 52 hours in [...]