SEOUL, Nov. 12 (Korea Bizwire) – In a major development for South Korea’s entertainment industry, Shinsegae Group, led by Chairman Chung Yong-jin, has announced plans to partner with U.S. entertainment conglomerate Paramount to create a massive international theme park, marking Paramount’s first such venture outside North America. The 4.57 trillion won project, named Star Bay City, [...]
SEOUL, Jan. 26 (Korea Bizwire) — The SK Wyverns are far from being the first South Korean baseball club to be sold, but their impending ownership change, from the mobile carrier SK Telecom to the retail giant E-Mart under Shinsegae Group, comes as a surprise for different reasons. SK Telecom is selling the team even [...]
SEOUL, Feb. 6 (Korea Bizwire) — Emart24, Shinsegae Group’s rebranded convenience store chain, is expanding at a faster pace than its main rivals although it’s still behind in the total number of stores, industry data showed Tuesday. Emart24 added 95 more stores in January, compared with 71 for CU, 84 for GS25 and 25 for [...]
SEOUL, Jul. 18 (Korea Bizwire) — South Korean retailers have moved quickly to create a favorable work environment for expecting and child-rearing mothers, including incentives for fathers, industry observers said Tuesday. Retail businesses have been fast movers in accommodating women who in most cases make up nearly half of their workforces. With the government encouraging [...]
SEOUL, Jul. 18 (Korea Bizwire) — Shinsegae Group, a retail giant in South Korea, said Tuesday it will open its third shopping mall in the northern outskirts of Seoul next month, offering a variety of options for shopping, leisure and culinary experiences. Starfield Goyang, a two-story building with four underground floors covering an area spanning [...]
HANAM, South Korea, Sept. 8 (Korea Bizwire) – Shinsegae Group is set to open South Korea’s largest shopping theme park in Hanam, southeast of Seoul, on Friday to offer a wide variety options for shopping, leisure and culinary experiences. “Starfield Hanam” is a three-story building with four underground floors, covering an area spanning 460,000 square [...]
SEOUL, April 21 (Korea Bizwire) — Shinsegae, a South Korean retail conglomerate, said Tuesday it plans to set up a new unit for duty-free shop operations, joining the race to win a bid to run new duty-free stores in downtown Seoul. Hotel Shilla, a major hotel chain and duty-free shop operator, and other existing duty-free [...]
SEOUL, Nov. 20 (Korea Bizwire) – Shinsegae Group announced on November 18 that it launched a toy library in Kwanyang traditional market in Gyeonggi Province. The library, which is part of the company’s corporate social responsibility activities, lends toys to children at the age of seven or younger free of charge and gives parents counselling for [...]