Coex

Retail Asia20/01/2017

Hyundai Department Store Group plans to open a 14,005 sqm duty-free store in the CoEx Convention and Exhibition Center in Samseong-Dong, Seoul, late this year. Hyundai joined rivals Lotte Duty Free and Shinsegae in securing five-year licences last month to run downtown duty-free stores in Seoul. The SME licence went to TopCity, with Alpensia and […]

Retail Asia20/11/2016

Shinsegae Property, a unit of South Korea’s conglomerate Shinsegae Group, has solely bid and likely won the 10-year operation right over Convention & Exhibition Mall (COEX Mall), the largest underground shopping center in Asia, according to the industry and Korea International Trade Association (KITA). Hyundai Department Store Co., which had been regarded as a strong […]

Retail Asia12/02/2016

South Korean department stores will start offering instant tax refund services to foreign customers from this month as part of an effort to boost sales. Under the new program, foreigners can buy products without paying the mandatory 10 per cent value-added tax (VAT) if the item costs 30,000-200,000 won (US$25-166), observers said. Each person can […]

Tag: Coex

Hyundai Department Store plans CoEx duty-free outlet

Shinsegae Group to Run COEX Mall

Korean department stores offer instant tax refunds to tourist