Korean retailer E-Mart starts selling products from 16 Korean SME companies in Singapore yesterday. The move is a part of E-Mart’s plan to take Korean brands into new markets, starting with the winners of the giant retailer’s SME-support project. The products…
South Korean retail conglomerates like CJ, Lotte and Shinsegae are catering more and more for pet owners as market demand grows. They have opened pet shops that offer products and services ranging from food and grooming services to even lodging for pets. They…
Department-store sales in South Korea rose this month with several family-oriented holidays and special occasions, retail industry data shows. Children’s Day, which falls every May 5, a substitute day off and May 8 Parents’ Day all contributed to more…
South Korean discount store chain owner E-Mart Inc says it has started testing a robot to provide an automated concierge service to shoppers. Dubbed “Pepper”, the robot concierge will be stationed at an E-Mart outlet in Seoul for about three weeks, the…
Shinsegae Group’s discount chain E-mart has decided to shut several more stagnant stores this year to improve the company’s efficiency. Shinsegae says it has also sold its Deoki-dong branch in Ilsan, Gyeonggi Province. The outlet had initially been a Walmart…
Scale continues to play a major part in attracting shoppers both online and offline, a recent survey showed, with supermarket chains and large open market platforms coming top in consumers’ preferred retail outlets. According to a joint survey conducted by…
A new study has revealed that Korean shoppers embrace the cold winter climate – but not much beyond minus 5 degrees. Supermarket operator E-Mart says the number of customers peaks during winter when the temperature hits minus 5 degrees Celsius, also known as…
Shinsegae’s discount chain E-mart plans to enter the US by opening its premium food outlet PK Market. While mostly high-end products will be sold at the South Korean group’s outlet, some of its low-tier private brands such as No Brand and Peacock will also be…
South Korean retail heavyweight Shinsegae has drawn a US$938 million investment to help it build a major e-commerce business. Shinsegae has signed an initial funding agreement with BRV Capital and private equity company Affinity Equity Partners as it strives…
South Korea’s discount store E-Mart, a unit of retail conglomerate Shinsegae Group, has started selling electric mini-vehicles. E-Mart says it has expanded its M Lounge network to seven shops across Korea to sell electric bicycles and EVs. Introduced at its…
The political tension between Seoul and Beijing has eased after a summit between the two leaders during the APEC Summit, but K-beauty companies are diversifying their overseas operations instead of returning to the Chinese market. Supermarket chain E-mart…
E-Mart Inc., South Korea’s largest discount chain operator, said Thursday its beauty brand will open a store in Saudi Arabia next year, as the retailer attempts to expand its presence in the overseas market. The company said it signed an agreement with the…
Lotte, Shinsegae and other retailers in Korea have been shifting their focus to Southeast Asia as it has become difficult to conduct business in China amid deteriorating Korea-Sino ties. The increasing number of middle-class consumers in Vietnam and other…
Thailand’s CP Group has agreed to buy five of the six remaining E-Mart China stores, ending a 20-year presence for the Korean firm. Sources in the retail investment banking sector said E-Mart inked an agreement with CP Group to hand over the stores in…
South Korea’s E-mart has launched Marie’s Baby Circle – a new baby brand, created by UK-headquartered Dalziel & Pow. The concept aims to place new and expectant parents centrestage, providing everything they need to enjoy their pregnancy and prepare for…
The Korean anti-corruption law may be showing its desired extra effect of creating more time for family and home cooking if sales record at a leading retailer is any indication. October sales figures from E-mart released show an 11.5 per cent increase for the…