Shinsegae Archives - Page 2 of 12 - Inside Retail Asia

Shinsegae’s No Brand Burger stores dominating Korean market

The No Brand Burger from Shinsegae Food, the food manufacturing arm of South Korean retail giant Shinsegae, are dominating the South Korean hamburger market. Analysts say that Shinsegae’s cost-effectiveness strategy for its new No Brand Burger restaurants is behind such growth. The company managed to lower the price by more than 1000 won (US$0.84) compared to its competitors while …

South Korean department stores targeting high-end customers

South Korean department stores are elevating their VIP shopping experience by refurbishing their outlets, expanding services to shore up profitability.

Luxury labels increase focus on burgeoning South Korean market

South Korean consumers’ love for luxury labels is encouraging high-end brands to take bold, innovative moves into the market, opening pop-up stores and staging world-exclusive fashion shows.

‘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.