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Retailing In South Korea
Retailing in South Korea consists of hypermarkets, department stores, flea markets, traditional markets, and underground shopping malls. Hypermarkets sell dry goods and groceries, similar to Western supercentres. Traditional markets are also popular throughout South Korea. Hypermarkets South Korea's's large stores usually cover over and sell self-service food, household goods and home appliances at a discount. Food products (fresh and processed foods) account for 50 percent of sales, followed by household goods and appliances. Hypermarkets include E-Mart, Homeplus and Lotte Mart, as well as warehouse stores such as Costco, Traders and Big Market. History of hypermarkets Hypermarkets were introduced to South Korea in 1993. Shinsegae opened its first E-mart store in Changdong-gu. The first hypermarket was a warehouse with minimal service and an uncluttered interior. During the late 1990s, hypermarkets included more luxurious interior, better service and facilities designed t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Hypermarket
A hypermarket (sometimes called a hyperstore, supercentre or superstore) is a big-box store combining a supermarket and a department store. The result is an expansive retail facility carrying a wide range of products under one roof, including full grocery lines and general merchandise. In theory, hypermarkets allow customers to satisfy all their routine shopping needs in one trip. The term ''hypermarket'' (french: hypermarché) was coined in 1968 by French trade expert Jacques Pictet. Hypermarkets, like other big-box stores, typically have business models focusing on high-volume, low-margin sales. Typically covering an area of , they generally have more than 200,000 different brands of merchandise available at any one time. Because of their large footprints, many hypermarkets choose suburban or out-of-town locations that are easily accessible by automobile. History Canada Loblaws established its Real Canadian Superstore chain in 1979. It sells mainly groceries, while also re ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
E-Land Group
E·Land Group (hangul:이랜드그룹) is a South Korean conglomerate headquartered in Changjeon-dong Mapo-gu Seoul, South Korea. E-Land Group takes part in retail malls, restaurants, theme parks, hotels and construction businesses as well as its cornerstone, fashion apparel business. It has operations worldwide through its subsidiary E-Land World. History E-Land started as a 6 square metres clothing shop on a fashion street in front of Ewha University in Sinchon in 1980. E-Land's first ever brand was called "England", which later changed to "E-Land" due to restrictions on trademark registration. In 1994, E-Land Group introduced the first outlet in Korean market by opening the first store of 2001 Outlet. It took a form of multi story outlet stores with groceries, houseware and apparel. In 2003, E-Land Group purchased a 75% stake in New Core, a department store operating in 25 different locations in Korea. Following the acquisition, New Core was transformed to and operated as tw ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Hanwha Group
, former_name = Korea Explosives Group , type = Public , traded_as = , industry = Conglomorate , founded = , founder = Kim Chong-hee , hq_location_city = Seoul , hq_location_country = South Korea , area_served = Global , key_people = Kim Seung-yeon(Chairman and CEO) , revenue= ₩72,890,000,000,000 (2020) , operating_income = ₩2,927,888,000,000(Hanwha Corp. only) , net_income = ₩19,327,000,000(Hanwha Corp. only) , num_employees = 43,690 , num_employees_year = 2020 , subsid = , owners = Estate of Kim Seung-yeon (32.02%)Hanwha through treasury stock (8.08%)National Pension Service (8.67%) , homepage = https://www.hanwha.co.kr/ (Korean) https://www.hanwha.com (English) , footnotes = , intl = Hanwha Group () is a large business conglomerate (''chaebol'') in South Korea. Founded in 1952 as Korea Explosives Co. (), the group has grown into a large multi-profile business conglomerate, with diversified holdings stretching from explosives, their original ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Galleria Department Store
Galleria Department Store () is an upmarket South Korean department store franchise owned by Hanwha Group. It has 5 branches throughout Korea, notably the Luxury Hall West and Luxury Hall East, both in Apgujeong-dong, as upmarket luxury-brand fashion malls in Seoul. Stores * Luxury Hall East and West in Apgujeong-dong, Gangnam-gu, Seoul * Suwon Store in Paldal-gu, Suwon, Gyeonggi-do * Time World Store in Seo-gu, Daejeon * Center City Store in Seobuk-gu, Cheon-an, Chungcheongnam-do (reopened in new location in 2011) * Jinju Store in Jinju, Gyeongsangnam-do ;Planned store *Marine City Store in Haeundae-gu, Busan (scheduled to open in 2016) ;Defunct store *Jamsil Store in Songpa-gu, Seoul (opened in 1983, closed in September 2000) *Galleria Concos in Yongsan-gu, Seoul (Seoul Station)(closed in 2012 Change as Lotte Outllet Seoul st.) *Dongbaek Store in Jung-gu, Daejeon (closed in 2013 Change as NC-mall Jungang-ro) Facilities * Luxury Hall West and Luxury Hall East: the bra ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Hyundai Department Store
Hyundai Department Store (Korean: 현대백화점 주식회사, Hanja: 現代百貨店株式會社), together with Lotte Department Store and Shinsegae, is one of the three major department store chains in South Korea. Its parent company is the Hyundai Department Store Group. Stores Seoul Metropolitan Area *Apgujeong Main Store (압구정 본점) in Gangnam-gu, Seoul *World Trade Center Store (무역센터점) in Gangnam-gu, Seoul *Cheonho Store (천호점, PHOTO SE SEOUL ) in Gangdong-gu, Seoul *Sinchon Store - Main Building & U-PLEX (신촌점 본관, 유플렉스) in Seodaemun-gu, Seoul *Mia Store (미아점) in Seongbuk-gu, Seoul *Mokdong Store (목동점) in Yangcheon-gu, Seoul *Jungdong Store (중동점) in Wonmi-gu, Bucheon, Gyeonggi-do *Kintex Store (킨텍스점) in Ilsanseo-gu, Goyang, Gyeonggi-do * Pangyo Store (판교점) in Bundang-gu, Seongnam, Gyeonggi-do * The Hyundai Seoul Store at Parc one in Yeouido-dong, Seoul (flagship store) Yeongnam Region *Ulsan Store ( ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Lotte Department Store
Department stores of South Korea
Retail companies established in 1979
Food halls
South Korean companies established in 1979
de:Lotte (Unternehmen)#Handel ...
Lotte Department Store () is a Korean retail company established in 1979, and headquartered in Sogong-dong, Jung-gu, Seoul, South Korea. Lotte Department Store offers retail consumer goods and services and is one out of 8 business units of Lotte Shopping. Other Lotte retail companies include discount store Lotte Mart and supermarket Lotte Super. References External links *Lotte Department Store English Homepage {{Authority control Department Store A department store is a retail establishment offering a wide range of consumer goods in different areas of the store, each area ("department") specializing in a product category. In modern major cities, the department store made a dramatic app ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Myeong-dong
Myeongdong () is a dong in Jung-gu, Seoul, South Korea between Chungmu-ro, Eulji-ro, and Namdaemun-ro. It covers 0.99km² with a population of 3,409 and is mostly a commercial area, being one of Seoul's main shopping, parade route and tourism districts. Jung-gu Office, Retrieved 2010-05-26 (Korean) In 2011, 2012 and 2013, Myeong-dong was listed as the ninth most expensive shopping street in the world. The area is known for its two historically significant sites, namely the Myeongdong Cathedral and the Myeongdong Nanta Theatre. History Myeongdong dates back to the Joseon Dynasty when it was called ''Myeongryebang'' () and mostly a residential area. During the Japanese era the name was changed to ''Myeongchijeong'' (, ''Meijicho'' in Japanese pronunciation) and became more of a commercial district, being influenced by the rising commerce in the neighboring Chungmuro area. It became the official district of Myeongdong in 1946, after independence. [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Korea Under Japanese Rule
Between 1910 and 1945, Korea was ruled as a part of the Empire of Japan. Joseon Korea had come into the Japanese sphere of influence with the Japan–Korea Treaty of 1876; a complex coalition of the Meiji government, military, and business officials began a process of integrating Korea's politics and economy with Japan. The Korean Empire, proclaimed in 1897, became a protectorate of Japan with the Japan–Korea Treaty of 1905; thereafter Japan ruled the country indirectly through the Japanese Resident-General of Korea. Japan formally annexed the Korean Empire with the Japan–Korea Treaty of 1910, without the consent of the former Korean Emperor Gojong, the regent of the Emperor Sunjong. Upon its annexation, Japan declared that Korea would henceforth be officially named Chōsen. This name was recognized internationally until the end of Japanese colonial rule. The territory was administered by the Governor-General of Chōsen based in Keijō (Seoul). Japanese rule prioritized ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Pyongyang
Pyongyang (, , ) is the capital and largest city of North Korea, where it is known as the "Capital of the Revolution". Pyongyang is located on the Taedong River about upstream from its mouth on the Yellow Sea. According to the 2008 population census, it has a population of 3,255,288. Pyongyang is a directly administered city () with equal status to North Korean provinces. Pyongyang is one of the oldest cities in Korea. It was the capital of two ancient Korean kingdoms, Gojoseon and Goguryeo, and served as the secondary capital of Goryeo. Much of the city was destroyed during the First Sino-Japanese War, but it was revived Korea under Japanese rule, under Japanese rule and became an industrial center. Following the establishment of North Korea in 1948, Pyongyang became its ''de facto'' capital. The city was again devastated during the Korean War, but was quickly rebuilt after the war with Soviet Union, Soviet assistance. Pyongyang is the political, industrial and transport ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Busan
Busan (), officially known as is South Korea's most populous city after Seoul, with a population of over 3.4 million inhabitants. Formerly romanized as Pusan, it is the economic, cultural and educational center of southeastern South Korea, with its port being Korea's busiest and the sixth-busiest in the world. The surrounding "Southeastern Maritime Industrial Region" (including Ulsan, South Gyeongsang, Daegu, and some of North Gyeongsang and South Jeolla) is South Korea's largest industrial area. The large volumes of port traffic and urban population in excess of 1 million make Busan a Large-Port metropolis using the Southampton System of Port-City classification . Busan is divided into 15 major administrative districts and a single county, together housing a population of approximately 3.6 million. The full metropolitan area, the Southeastern Maritime Industrial Region, has a population of approximately 8 million. The most densely built-up areas of the city are situated in ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Seoul
Seoul (; ; ), officially known as the Seoul Special City, is the capital and largest metropolis of South Korea.Before 1972, Seoul was the ''de jure'' capital of the Democratic People's Republic of Korea (North Korea) as stated iArticle 103 of the 1948 constitution. According to the 2020 census, Seoul has a population of 9.9 million people, and forms the heart of the Seoul Capital Area with the surrounding Incheon metropolis and Gyeonggi province. Considered to be a global city and rated as an Alpha – City by Globalization and World Cities Research Network (GaWC), Seoul was the world's fourth largest metropolitan economy in 2014, following Tokyo, New York City and Los Angeles. Seoul was rated Asia's most livable city with the second highest quality of life globally by Arcadis in 2015, with a GDP per capita (PPP) of around $40,000. With major technology hubs centered in Gangnam and Digital Media City, the Seoul Capital Area is home to the headquarters of 15 ''Fo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Korea
Korea ( ko, 한국, or , ) is a peninsular region in East Asia. Since 1945, it has been divided at or near the 38th parallel, with North Korea (Democratic People's Republic of Korea) comprising its northern half and South Korea (Republic of Korea) comprising its southern half. Korea consists of the Korean Peninsula, Jeju Island, and several minor islands near the peninsula. The peninsula is bordered by China to the northwest and Russia to the northeast. It is separated from Japan to the east by the Korea Strait and the Sea of Japan (East Sea). During the first half of the 1st millennium, Korea was divided between three states, Goguryeo, Baekje, and Silla, together known as the Three Kingdoms of Korea. In the second half of the 1st millennium, Silla defeated and conquered Baekje and Goguryeo, leading to the "Unified Silla" period. Meanwhile, Balhae formed in the north, superseding former Goguryeo. Unified Silla eventually collapsed into three separate states due to ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
