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Shinsegae
Shinsegae Inc. (, ) is a South Korean department store Franchising, franchise, along with several other businesses, headquartered in Seoul, South Korea. The firm is an affiliate of Shinsegae Group, South Korea's leading retail ''chaebol'', and one of the big three department store firms in Korea, along with Lotte Corporation, Lotte and Hyundai Department Store. Its flagship store in Centum City, Busan, was the world's largest department store at , surpassing Macy's flagship Macy's Herald Square, Herald Square in New York City in 2009. Shinsegae was the first credit card company in South Korea. They issued their own charge card from 1967 to 2000. In 2000, Shinsegae sold their credit card division to KorAm Bank, which was later acquired by Citibank Korea. Shinsegae was originally part of the Samsung, Samsung Group, from which it separated in the 1990s along with CJ Group (Food/Chemicals/Entertainment), Saehan, Saehan Group (Electronic Media/Apparel/Textiles), and the Hansol, Han ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Chaebol
A chaebol ( , ; , ) is a large industrial South Korean conglomerate run and controlled by an individual or family. A chaebol often consists of multiple diversified affiliates, controlled by a person or group. Several dozen large South Korean family-controlled corporate groups fall under this definition. The term first appeared in English text in 1972. Chaebol have also played a significant role in South Korean politics. In 1988, a member of a chaebol family, Chung Mong-joon, president of Hyundai Heavy Industries, successfully ran for the National Assembly of South Korea. Other business leaders were also chosen to be members of the National Assembly through proportional representation. Hyundai Group, Hyundai has made efforts in the thawing of North Korea–South Korea relations, North Korean relations, despite some controversy. Many South Korean family-run chaebol have been criticised for low dividend payouts and other governance practices that favor controlling shareholders ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Department Store
A department store is a retail establishment offering a wide range of consumer goods in different areas of the store under one roof, each area ("department") specializing in a product category. In modern major cities, the department store made a dramatic appearance in the middle of the 19th century, and permanently reshaped shopping habits, and the definition of service and luxury. Similar developments were under way in London (with Whiteleys), in Paris () and in New York City ( Stewart's). Today, departments often include the following: clothing, cosmetics, do it yourself, furniture, gardening, hardware, home appliances, houseware, paint, sporting goods, toiletries, and toys. Additionally, other lines of products such as food, books, jewellery, electronics, stationery, photographic equipment, baby products, and products for pets are sometimes included. Customers generally check out near the front of the store in discount department stores, while high-end traditional d ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Samsung
Samsung Group (; stylised as SΛMSUNG) is a South Korean Multinational corporation, multinational manufacturing Conglomerate (company), conglomerate headquartered in the Samsung Town office complex in Seoul. The group consists of numerous affiliated businesses, most of which operate under the Samsung brand, and is the largest (business conglomerate) in South Korea. Samsung has the world's List of most valuable brands, fifth-highest brand value. Founded in 1938 by Lee Byung-chul as a trading company, Samsung diversified into various sectors, including food processing, textiles, insurance, securities, and retail, over the next three decades. In the late 1960s, Samsung entered the electronics industry, followed by the construction and shipbuilding sectors in the mid-1970s—areas that would fuel its future growth. After Lee died in 1987, Samsung was divided into five business groups: Samsung Group, Shinsegae Group, CJ Group, Hansol Group, and JoongAng Ilbo, JoongAng Group. K ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Chung Yong-jin
Chung Yong-jin (; born 19 September 1968) is a South Korean business executive who is the current chairperson of Shinsegae since March 2024. He is among the richest people in South Korea. In April 2024, Forbes estimated his net worth as US$1.25 billion and ranked him 26th richest in the country. Early life and education Chung is the only son of Lee Myung-hee, chairwoman of Shinsegae Group and grandson of Samsung founder Lee Byung-chul. He graduated from Kyungbock High School and gained Bachelor of Arts in Economics from Brown University. Personal life Chung is the cousin of Samsung Group chairman Lee Jae-yong and CJ Group chairman Lee Jay-hyun. In 1995, he married Go Hyun-jung and they had two children — Jung Hae-chan in 1998 and Jung Hae-in in 2000. They divorced in 2003 and he gained custody of both children. In 2011, it was announced that he would marry flautist Han Ji-hee, daughter of the late former VP of Korean Air Korean Air Lines Co., Ltd. (KAL; ) is ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
E-mart
Emart Inc. () is the largest retailer in South Korea. The retailer was founded on 12 November 1993, by Shinsegae, as the first discount retailer in South Korea. There were 160 stores across the Country as of December 2016. Emart is South Korea's oldest and largest discount store chain, with a total sales volume exceeding US$9.4 billion in 2009. Emart was the first South Korean retailer to open a retail store in China, opening 27 stores before exiting the country in 2017. Emart has another brand Emart-traders. It is almost same with Costco. History Emart opened its first store in Chang-dong, Dobong-gu, Seoul, on November 12, 1993. and opened its first Emart Ilsan branch (No. 2) in Ilsan New Town on September 8, 1994. Emart was the first large retail store in South Korea. The store was constructed by Kumho Engineering & Construction at the time, and when the friction between Kumho Engineering & Construction and Emart broke out, Kumho Emart became the main body of lease. On July ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Lee Myung-hee
Lee Myung-hee (; born 5 September 1943) is a South Korean business magnate and the chairwoman of the Shinsegae Group. She is the youngest daughter of Lee Byung-chul, founder of the Samsung Group and the sister of the former late chairman Lee Kun-Hee. Lee became the company's chairwoman in 1997 following its separation from Samsung and is credited with growing it into the country's second-largest retailer. With an estimated net worth of $840 million she is one of the wealthiest people in South Korea and was ranked 20th on ''Forbes'' 2017 list of 50 Richest Koreans. Biography Lee was born in Uiryeong County to Samsung founder Lee Byung-chul and his first wife Park Du-eul as the youngest of eight children. She attended Ewha Girls' High School and then majored in art at Ewha Womans University before marrying a Seoul National University and Columbia-educated engineer, Chung Jae-eun, who served as the president of Samsung Electronics and is currently the honorary chairman of Shins ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mitsukoshi
is an international Department stores in Japan, department store chain with headquarters in Tokyo, Japan. Its holding company, Isetan Mitsukoshi Holdings, is a member of the Mitsui, Mitsui Group. History It was founded in 1673 with the (shop name) , selling kimono. Ten years later in 1683, Echigoya took a new approach to marketing. Instead of selling by going door-to-door, they set up a store where buyers could purchase goods on the spot with cash. Mitsukoshimae Station on the Tokyo Metro is named after the adjacent Mitsukoshi department store. Mitsukoshi is the root of Mitsui, Mitsui group. In the 1970s, Mitsukoshi bought the Oriental Nakamura department store in Nagoya and re-branded them as . Genichiro Inokuma designed the wrapping paper in white and red. In August 2007, it was announced that Mitsukoshi would merge into Isetan, a major department store in Japan. Mitsukoshi was unlisted on March 26, 2008, and on April 1, it merged with Isetan under a joint holding compa ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Busan
Busan (), officially Busan Metropolitan City, is South Korea's second list of cities in South Korea by population, most populous city after Seoul, with a population of over 3.3 million as of 2024. Formerly romanized as Pusan, it is the economic, cultural and educational center of southeastern South Korea, with its port being South Korea's busiest and the sixth-busiest in the world. The surrounding "Southeastern Maritime Industrial Region" (including Ulsan, South Gyeongsang Province, South Gyeongsang, Daegu, and part of North Gyeongsang Province, North Gyeongsang and South Jeolla Province, 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. As of 2019, Busan Port is the primary port in Korea and the world's sixth-largest container port. Busan is divided into 15 major administrative districts and a single co ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Jung District, Seoul
Jung District () is one of the 25 List of districts of Seoul, districts of Seoul, South Korea. It has a population of 131,452 (2013) and has a geographic area , making it both the least-populous and the smallest district of Seoul, and is divided into 15 ''Dong (administrative division), dong'' (administrative neighborhoods). Jung is located at the centre of Seoul on the northern side of the Han River (Korea), Han River, bordering the city districts of Jongno District, Jongno to the north, Seodaemun District, Seodaemun to the northwest, Mapo District, Mapo to the west, Yongsan District, Yongsan to the south, Seongdong District, Seongdong to the southeast, and Dongdaemun District, Dongdaemun to the northeast. Jung is the historical city center of Seoul with a variety of old and new, including modern facilities such as high rise office buildings, department stores and shopping malls clustered together, and also a center of tradition where historic sites such as Deoksugung and Namdaem ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Hyundai Department Store Group
Hyundai Department Store Group () is a South Korean retail conglomerate that spun off from Hyundai Group in 1999. The company began as Keumgang Development Industries established in 1971. It opened its first store in Ulsan in 1977. The flagship store, in the affluent Seoul neighborhood of Apgujeong, was opened in 1985. Its major competitors are Lotte Department Store, Shinsegae Shinsegae Inc. (, ) is a South Korean department store Franchising, franchise, along with several other businesses, headquartered in Seoul, South Korea. The firm is an affiliate of Shinsegae Group, South Korea's leading retail ''chaebol'', and ..., Hanwha Galleria, NC Department Store etc. Group families * Hyundai Department Store * Hyundai Department Store Duty Free * Hyundai Home Shopping * Handsome * Hyundai Green Food Seoul * Hyundai Livart * Hyundai L&C * Hyundai Rental Care * Hyundai Dream Tour * Hyundai Ezwel * Hyundai Everdigm * Hyundai Bioland See also * Chaebol * List of South Kor ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Lee Jae-yong
Lee Jae-yong (; born June 23, 1968) is a South Korean business executive who has served as the executive chairman of Samsung Electronics since October 2022. He is the only son of Lee Kun-hee and Hong Ra-hee. As of December 2024, Lee has an estimated net worth of , making him the richest person in the country. Early life and education Lee was born in Washington, D.C., United States to Lee Kun-hee and Hong Ra-hee. He attended Kyungbock High School. He received his Bachelor of Arts degree in East Asian history from Seoul National University, and his Master of Business Administration degree from Keio University, which is a rival University of his father and grandfather's alma mater Waseda University, Tokyo. He attended Harvard Business School and graduated with a Doctor of Business Administration degree. Lee is fluent in his native Korean, English, and Japanese. Career 1991–present: Career at Samsung Lee started working for Samsung in 1991. He began serving as Vice Pre ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Hyundai Department Store
Hyundai Department Store () is a major department store chain in South Korea. Its parent company is the Hyundai Department Store Group. It, Lotte Department Store, and Shinsegae are the three largest chains in the country. 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 (울산점) in Nam-gu, Ulsan *Ulsan Dong-gu S ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
