SEOUL, Nov.28 (Korea Bizwire) – A five-year cycle to pick duty-free shop operators within Incheon International Airport has returned again, forewarning fierce competition ahead. The Korea Customs Service posted on November 27 on its website that it would receive applications for new retail shop operators in the immigration area past the departure gate. According to the bid notice, [...]
SEOUL, Oct. 18 (Korea Bizwire) – As the Kansas City Royals beat Baltimore Orioles and finally advanced to their first World Series — in nearly one generation since the year of 1985, many South Korean baseball fans keeping track of Major League Baseball (MLB) news — hitherto quite a few fans in number thanks to [...]
SEOUL, July 31 (Korea Bizwire) – A study said the average tenure of top-30 group CEOs is only 2.6 years. According to CEO Score, a website tracking corporate performances, based on a survey on 576 former professional CEOs except those related with owner families who were hired since January 1, 2000, the average lifespan of these corporate [...]
![[Feature] How to Revive Flagging SME Sector](http://koreabizwire.com/wp/wp-content/uploads/2014/05/SME-800x497.png "[Feature] How to Revive Flagging SME Sector")
SEOUL, May 23 (Korea Bizwire) – The share of the big-three retailers, including Lotte, Shinsegae, and Hyundai, in the nation’s retail market reaches up to 80 percent. Even amid a host of policy measures designed to revive small- and medium-sized merchants, the market is still dominated by a few oligopolistic players. Lim Chae-woon, Professor of marketing at [...]
LOS ANGELES, March 7 (Korea Bizwire) – Known as one of the premier world-class brands in South Korea, Shinsegae has begun construction on the nearly 145,000 square-meter Kimhae Center located in South Gyeongsang Province. Designed by Los Angeles-based architecture and urban design firm, The Jerde Partnership, the new center integrates outdoor culture and community spaces with [...]
SEOUL, Korea, Sep 06 (Korea Bizwire) – Shinsegae Department Store’s main location in downtown Seoul has opened a new fashion floors “4N5″ on September 6 for those consumers with distinct taste. In order to distinguish itself from other retailers as well as from the floors within the store, 4N5 has invited world-renowned designer Jeffrey Hutchison [...]