Shinsegae Inc. said that its net earnings plunged 98.4 percent in the third quarter from a year earlier, as its duty-free revenue continued to slump amid the new coronavirus pandemic.…
Shinsegae Inc. said that its net earnings plunged 98.4 percent in the third quarter from a year earlier, as its duty-free revenue continued to slump amid the new coronavirus pandemic.…
South Korea’s leading retail conglomerates Lotte Group and Shinsegae Group have made their names as two of the 10 biggest retailers in Asia.…
Local retail giants, albeit belatedly, are increasingly turning their eyes to the e-commerce business, with heavy spending on IT infrastructure and fast delivery.…
Shinsegae SSG.com gets ready to deliver at dawn.…
South Korean department stores delivered 30 trillion won (US$26.4 billion) in combined sales last year, up 2.3 percent from a year ago, breaking out of years of stagnancy, according to industry source…
Shinsegae Group will launch a brand new entity that specializes in e-commerce in an effort to become Korea’s answer to Amazon.…
South Korean retail giant Lotte opened this week a new premium outlet in Giheung, Gyeonggi Province.…
Shinsegae has secured investment finally giving wings to Vice Chairman Chung Yong-jin’s ambitious plan to create a “Korean version of Amazon.”…
Hyundai Department Store Group opens its first duty-free store in Samseong-dong on November 1 as a newcomer into the lucrative duty-free race dominated by Lotte and Shinsegae.…
Southeast Asia is becoming the center stage for South Korean businesses to expand their global presence, retail conglomerates have been successfully tapping into the markets.…