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South Korean food manufacturer Daesang is reportedly exiting the convenience store business, selling its stake in the Ministop chain. A cut-throat industry in the territory, competition between players has become so intense that legislation is now in effect…
South Korean retail operators Lotte and Shinsegae are competing to buy the 21-year-old local subsidiary of Japanese convenience-store operator Ministop. Shinsegae and Lotte respectively own rival chains Emart24 and 7-Eleven and are both reportedly seeking to…
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