Shinsegae Archives - Inside Retail Asia

‘Sales War’ looms as South Korean Shopping Festival begins

A South Korean Shopping Festival is about to begin, modelled on the likes of Black Friday in the US and Singles’ Day in China. Fierce competition is expected among e-commerce companies this year as well as they take on brick-and-mortar retailers. As recently as a couple years ago, November was an off-season for shopping in South Korea with only a few vendors holding promotional ev…

K-beauty brands vow to defend against Sephora South Korea onslaught

South Korea’s big-name beauty retailers are prepared to defend their market share from the launch of Sephora South Korea, which debuts this week.

E-Mart plans to sell stores to reduce debt

South Korean big-box retailer E-mart will sell 13 store buildings and land to improve its financial situation.

Rihanna holds makeup workshop in Seoul

A Rihanna makeup class was held at Lotte World Towerin partnership with Fenty Beauty

Shinsegae testing a cashierless grocery store concept, similar to Amazon Go

South Korean retail giant Shinsegae is developing a cashierless grocery-store modelled on the Amazon Go concept.

South Korean retailers are fighting the e-commerce onslaught with ‘malling’ strategy

Cornered by a low-price offensive from online sellers, South Korean retailers are striking back with a so-called ‘malling’ strategy.

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 delivery services.

Starbucks Korea profit leaps 28 per cent

Starbucks Korea has reported a 28-per-cent year-on-year jump in its operating profit in the first half of the year.

E-Mart posts first-ever loss; plans to sell assets

Korean discount chain operator E-Mart has posted its first-ever net loss, amid growing competition from online shopping rivals and e-commerce giants.

September launch for Fenty Beauty in Hong Kong, Macau, South Korea

A September launch date has been revealed for Fenty Beauty in Hong Kong, along with Macau and South Korea.

The newest South Korean retail trend: crowdfunding

While South Korean retail companies are competing over speed in the delivery market, the crowdfunding market is rising as the new form of consumer activity in the country.

Incheon Airport duty-free tenders to be released soon

Incheon Airport duty-free tenders will be released in the fourth quarter of this year.