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Ex McDonald’s Korea CEO to take leading role in Homeplus
Ju-yeon had worked at McDonal’s Korean unit as its CEO since 2016 before joining Homeplus.
South Korean discount warehouses prosper during pandemic
Unlike shopping malls struggling in the aftermath of the onset of the coronavirus pandemic, discount warehouses are seei...
Convenience stores in South Korea outperform supermarkets
The slump in fortunes at large discount stores is continuing and the growth of convenience stores in South Korea is acce...
Korean retailers move to capitalise on ‘petfam’ trend
With a growing number of so-called ‘petfam’ South Koreans regard their companion animals as family members, the retail i...
South Korea’s largest retailers forced to embrace delivery services
South Korea’s largest retailers are having to invest in logistics to cope with rising online spending and personalised d...
Tesco Thailand could open 750 new convenience stores
Tesco Thailand is evaluating opening 750 more convenience stores, which would expand its overall network by about 50 per...
MBK calls off Korean Homeplus property float
South Korean private equity firm MBK Partners has cancelled a planned Homeplus property float due to lack of interest.
H&M to open in Homeplus Bucheon
Swedish fashion label H&M is launching an outlet at the Homeplus Bucheon hypermarket in South Korea.
Homeplus Special makes debut in Daegu
Korean discounter Homeplus has opened a bulk products and grocery store hybrid called Homeplus Special in Daegu.
Homeplus may establish and list REIT
South Korean hypermarket chain Homeplus is considering establishing a real-estate investment trust.
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