South Korean discount retail chain E-mart is acquiring US food retailer Good Food Holdings for US$270 million. A subsidiary of retail conglomerate Shinsegae, the E-mart US acquisition intends to stabilise and expand its operations in North America. It is the…
Discount chain Emart will launch its PK Market grocery store chain in downtown Los Angeles in the second half of next year. This is Emart’s first expansion into the U.S. market. The company said that it signed a 10-year contract on a 4,803-square-meter…
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…