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South Korea

South Korea Archives

South Korean retail sales record double-digit growth

According to the data from the Ministry of Trade, Industry and Energy, the combined sales of 26 major offline and online...

Shinsegae seeks to buy Starbucks US’ stake in Korean business

The deal, if happens, is estimated to value at more than US$886 million.

South Korea’s beauty store network shrinks for first-ever time

The number of big-name retailers’ beauty stores in South Korea declined for the first time in 2020 as more customers tur...

CU retakes top spot in Korean discount-store rankings

CU, operated by BGF Retail, had 14,923 outlets across the nation as of end of last year, up 1046 from the previous year....

SK Telecom, Shinsegae Group among bidders for eBay’s Korean business – sources

The sources declined to be identified as not authorised to talk to the media. MBK Partners, Shinsegae and eBay Korea dec...