Shinsegae Archives - Inside Retail Asia
Outside management will be introduced for Coex Mall Seoul, which has been struggling to attract shoppers since reopening a year ago after a full-scale renovation.
Cooking is big in Korea – proving a welcome boost for Korean department stores.
Singapore’s sovereign wealth fund GIC and Korean department store Shinsegae are partnering to develop a new Incheon mall.
South Korean retail sales showed distinct signs of recovery in March.
All seven stores of Smoothie King Singapore have closed over the past month.
South Korean department store retailer Lotte is launching a new type of shopping mall in Seoul – the Lotte El Cube.
Emart has launched private brand products created in collaboration with SM Entertainment.
Chinese travellers have emerged as one of the few bright spots for Korean department stores suffering from dull domestic consumption.
South Korean department stores will start offering instant tax refund services to foreign customers from this month as part of an effort to boost sales.
Shinsegae Group says it will invest 4.1 trillion won ($3.4 billion) this year and hire 14,400 new staff to expand its retail business and revitalise the “sagging domestic economy”.
Korea retail sales took a surprise turn for the worst in December after three consecutive months of solid growth.
Two international airports in South Korea are set to review operational licenses for Korea duty free shops