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GS25
GS25 () is a South Korean chain of convenience stores operated and owned by GS Retail, a subsidiary company of the GS Group. The headquarters of the company are located at the GS Tower in Gangnam-gu, Seoul. As of June 9, 2020, GS25 operates 13,899 stores. History GS25, then known as LG25, opened their first store in Dongdaemun-gu, Seoul in 1990. However, in 2005, GS Group split from the LG Corporation, the name of LG25 was correspondingly changed to GS25. In March 2019, GS25 changed their brand identity for the first time since changing their name to GS25. With the new identity, a new slogan of "Lifestyle Platform" began to be applied to all new store signage. However, as of August 2019, most stores still use the former identity. Foreign operations Vietnam In January 2018, GS25 ventured outside of South Korea for the first time in its history by launching a store in Ho Chi Minh City. As of June 2022, GS25 operates 160 stores throughout Vietnam. Mongolia On May 18, 2021, ...
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KK Super Mart
KK Super Mart is a convenience store chain in Malaysia. Established in 2001, it is named after its founder, Datuk Seri Dr. KK Chai. The first location of KK Supermart occupied the ground floor of a shoplot at Kuchai Entrepreneurs Park in Kuala Lumpur with an initial capital of only RM 60,000. It started out by focusing mainly in the Klang Valley region, Putrajaya, Cyberjaya, KLIA2, Malacca and Seremban. KK Super Mart also has branches in other countries such as Nepal and India. In 2019, KK Super Mart had launched its first outlet at a LRT station which is the Kelana Jaya LRT station Kelana Jaya LRT station is a light rail station on the Kelana Jaya Line. It was the former western terminus for passenger services on the line. It is the start of the LRT Extension Project which extended the current terminus to Putra Heights sta .... The retailer currently operates 650 outlets with rapidly expanding by average 10 stores a month. The company entered into a partnership in 2019 wi ...
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CU (store)
CU (Korean: 씨유) () is a South Korean convenience store chain that is operated and owned by BGF Retail. It was formed after FamilyMart's franchise license in South Korea expired. Development Bogwang FamilyMart changed its name to BGF Retail in 2012 to launch its own convenience store brand, CU. The motive of this move was to establish a Korean style convenience store for the customers. CU stands for " CVS for U," and also resembles the English SMS abbrevation for "see you". Since 1990, FamilyMart had been dominating the South Korean convenience store market for 22 years. Bogwang Group and FamilyMart signed a contract that effectively barred the latter from all of Korea between 2014 and 2016. However, after FamilyMart's exit in 2014, the brand has not yet relaunched in the Korean peninsula. In April 2019, CU has started a delivery service, and magnified the service to 1000 stores in May. Relationship with FamilyMart In 1990, FamilyMart officially launched their first s ...
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Convenience Store
A convenience store, convenience shop, corner store or corner shop is a small retail business that stocks a range of everyday items such as coffee, groceries, snack foods, confectionery, soft drinks, ice creams, tobacco products, lottery tickets, over-the-counter drugs, toiletries, newspapers and magazines. In some jurisdictions, convenience stores are licensed to sell alcoholic drinks, although many jurisdictions limit such beverages to those with relatively low alcohol content, like beer and wine. The stores may also offer money order and wire transfer services, along with the use of a fax, fax machine or photocopier for a small per-copy cost. Some also sell tickets or recharge smart cards, e.g. OPUS cards in Montreal. They differ from general stores and village shops in that they are not in a rural area, rural location and are used as a convenient supplement to larger stores. A convenience store may be part of a Filling station, gas/petrol station, so customers can purchase g ...
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Convenience Stores
A convenience store, convenience shop, corner store or corner shop is a small retail business that stocks a range of everyday items such as coffee, groceries, snack foods, confectionery, soft drinks, ice creams, tobacco products, lottery tickets, over-the-counter drugs, toiletries, newspapers and magazines. In some jurisdictions, convenience stores are licensed to sell alcoholic drinks, although many jurisdictions limit such beverages to those with relatively low alcohol content, like beer and wine. The stores may also offer money order and wire transfer services, along with the use of a fax machine or photocopier for a small per-copy cost. Some also sell tickets or recharge smart cards, e.g. OPUS cards in Montreal. They differ from general stores and village shops in that they are not in a rural location and are used as a convenient supplement to larger stores. A convenience store may be part of a gas/petrol station, so customers can purchase goods while refuelling their vehi ...
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GS Group
GS Group is a South Korean conglomerate. GS comprises GS Holdings, subsidiaries & affiliates including GS Caltex, GS Retail, GS Shop, GS EPS, GS Global, GS Sports and GS E&C among others. The asset size is 65.4 trillion KRW at the end of 2019 placing GS as the 8th largest chaebol in Korea excluding the public business companies. GS Holdings was incorporated in July 2004 and officially split from LG Group in January 2005, with the Koo family gaining full control over LG Group and the Huh family creating GS Holdings. In December 2005, the company acquired 70% of the shares of GS EPS Co., Ltd. (formerly LG Energy Co., Ltd.) from GS E&C Corporation and LG International Corp. The Koo family retained control of the LG Group while the Huh family formed GS Holdings. Convenience stores and other retail companies which formerly operated under the LG logo were rebranded as "GS", which, like "LG", comes from the old name, ' Lucky-Goldstar'. Affiliates The subsidiaries of GS Holdings a ...
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Convenience Store
A convenience store, convenience shop, corner store or corner shop is a small retail business that stocks a range of everyday items such as coffee, groceries, snack foods, confectionery, soft drinks, ice creams, tobacco products, lottery tickets, over-the-counter drugs, toiletries, newspapers and magazines. In some jurisdictions, convenience stores are licensed to sell alcoholic drinks, although many jurisdictions limit such beverages to those with relatively low alcohol content, like beer and wine. The stores may also offer money order and wire transfer services, along with the use of a fax, fax machine or photocopier for a small per-copy cost. Some also sell tickets or recharge smart cards, e.g. OPUS cards in Montreal. They differ from general stores and village shops in that they are not in a rural area, rural location and are used as a convenient supplement to larger stores. A convenience store may be part of a Filling station, gas/petrol station, so customers can purchase g ...
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Subsidiary
A subsidiary, subsidiary company or daughter company is a company owned or controlled by another company, which is called the parent company or holding company. Two or more subsidiaries that either belong to the same parent company or having a same management being substantially controlled by same entity/group are called sister companies. The subsidiary can be a company (usually with limited liability) and may be a government- or state-owned enterprise. They are a common feature of modern business life, and most multinational corporations organize their operations in this way. Examples of holding companies are Berkshire Hathaway, Jefferies Financial Group, The Walt Disney Company, Warner Bros. Discovery, or Citigroup; as well as more focused companies such as IBM, Xerox, and Microsoft. These, and others, organize their businesses into national and functional subsidiaries, often with multiple levels of subsidiaries. Details Subsidiaries are separate, distinct legal entities f ...
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Ulaanbaatar
Ulaanbaatar (; mn, Улаанбаатар, , "Red Hero"), previously anglicized as Ulan Bator, is the capital and most populous city of Mongolia. It is the coldest capital city in the world, on average. The municipality is located in north central Mongolia at an elevation of about in a valley on the Tuul River. The city was originally founded in 1639 as a nomadic Buddhist monastic center, changing location 28 times, and was permanently settled at its current location in 1778. During its early years, as Örgöö (anglicized as Urga), it became Mongolia's preeminent religious center and seat of the Jebtsundamba Khutuktu, the spiritual head of the Gelug lineage of Tibetan Buddhism in Mongolia. Following the regulation of Qing-Russian trade by the Treaty of Kyakhta in 1727, a caravan route between Beijing and Kyakhta opened up, along which the city was eventually settled. With the collapse of the Qing Empire in 1911, the city was a focal point for independence efforts, leading ...
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South Korean Brands
South is one of the cardinal directions or compass points. The direction is the opposite of north and is perpendicular to both east and west. Etymology The word ''south'' comes from Old English ''sūþ'', from earlier Proto-Germanic ''*sunþaz'' ("south"), possibly related to the same Proto-Indo-European root that the word ''sun'' derived from. Some languages describe south in the same way, from the fact that it is the direction of the sun at noon (in the Northern Hemisphere), like Latin meridies 'noon, south' (from medius 'middle' + dies 'day', cf English meridional), while others describe south as the right-hand side of the rising sun, like Biblical Hebrew תֵּימָן teiman 'south' from יָמִין yamin 'right', Aramaic תַּימנַא taymna from יָמִין yamin 'right' and Syriac ܬܰܝܡܢܳܐ taymna from ܝܰܡܝܺܢܳܐ yamina (hence the name of Yemen, the land to the south/right of the Levant). Navigation By convention, the ''bottom or down-facing side'' of a ...
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Retail Companies Of South Korea
Retail is the sale of goods and Service (economics), services to consumers, in contrast to wholesaling, which is sale to business or institutional customers. A retailer purchases goods in large quantities from manufacturing, manufacturers, directly or through a wholesaler, and then sells in smaller quantities to consumers for a Profit (accounting), profit. Retailers are the final link in the supply chain from producers to consumers. Retail markets and shops have a very ancient history, dating back to antiquity. Some of the earliest retailers were itinerant peddlers. Over the centuries, retail shops were transformed from little more than "rude booths" to the sophisticated shopping malls of the modern era. In the digital age, an increasing number of retailers are seeking to reach broader markets by selling through multiple channels, including both bricks and mortar store, bricks and mortar and Online shopping, online retailing. Digital technologies are also affecting the way that ...
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Retail Companies Established In 2005
Retail is the sale of goods and Service (economics), services to consumers, in contrast to wholesaling, which is sale to business or institutional customers. A retailer purchases goods in large quantities from manufacturing, manufacturers, directly or through a wholesaler, and then sells in smaller quantities to consumers for a Profit (accounting), profit. Retailers are the final link in the supply chain from producers to consumers. Retail markets and shops have a very ancient history, dating back to antiquity. Some of the earliest retailers were itinerant peddlers. Over the centuries, retail shops were transformed from little more than "rude booths" to the sophisticated shopping malls of the modern era. In the digital age, an increasing number of retailers are seeking to reach broader markets by selling through multiple channels, including both bricks and mortar store, bricks and mortar and Online shopping, online retailing. Digital technologies are also affecting the way that ...
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Retail Companies Established In 1990
Retail is the sale of goods and services to consumers, in contrast to wholesaling, which is sale to business or institutional customers. A retailer purchases goods in large quantities from manufacturers, directly or through a wholesaler, and then sells in smaller quantities to consumers for a profit. Retailers are the final link in the supply chain from producers to consumers. Retail markets and shops have a very ancient history, dating back to antiquity. Some of the earliest retailers were itinerant peddlers. Over the centuries, retail shops were transformed from little more than "rude booths" to the sophisticated shopping malls of the modern era. In the digital age, an increasing number of retailers are seeking to reach broader markets by selling through multiple channels, including both bricks and mortar and online retailing. Digital technologies are also affecting the way that consumers pay for goods and services. Retailing support services may also include the provision ...
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