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Tag: Emart

Retail Asia27/02/2024
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General

South Korean hypermarket Emart to launch in Laos

1min0
Emart, the South Korean hypermarket retailer, will expand into Laos this year through a master franchise deal with U-Dee, an investment entity owned by LVMC Holdings. The move follows the company’s announcement earlier this month that it would expand into Cambodia in June. The agreement includes opening one Emart discount retail outlet and three hard-discount outlets under […]
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Retail Asia12/08/2022
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General

Emart plans 20 more hypermarkets in Vietnam

2min0
Emart Vietnam is planning to open two more supermarkets in Ho Chi Minh City – one in Sala Thu Thiem and another in Go Vap District – part of a plan to launch 20 hypermarkets by 2026. Emart Vietnam was acquired by Thiso International Commerce and Services Corporation (Thiso), a subsidiary of Thaco Group, last […]
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Retail Asia10/12/2020
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General

Korea’s Emart set to scale back in Vietnam

5min0
South Korea’s largest supermarket chain operator Emart Inc. is pulling out of Vietnam, the second major Asian market after China, in the face of regulatory hurdles. The retailer opened its first outlet in Vietnam’s Go Vap district in 2015 and had procured a site at Ho Chi Minh City for a second opening last year. […]
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Retail Asia09/01/2020
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General

Emart to shut Pierrot discount-store chain

1min0
Emart is to shut down its Pierrot discount-store chain to focus on luring customers to its mainstay hypermarkets. After significantly falling sales last year, the South Korean giant closed down several Pierrot stores, including the store in Myeongdong shopping district. The company will shut the remaining six stores this year. Meanwhile, Emart plans to remodel about […]
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Retail Asia26/08/2019
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General

E-Mart posts first-ever loss ; restructuring lures

1min0
Korean discount chain operator E-Mart has posted its first-ever net loss, amid growing competition from online shopping rivals and e-commerce giants. The company’s quarterly results showed a net loss of KRW26.6 billion (US$24.7 million) between April and June, its first negative result since it was spun off from Shinsegae Group in 2011. The loss stands […]
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Retail Asia26/02/2019
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Fashion

Shinsegae to launch SSG.com as separate unit

3min0
Shinsegae Group will launch a brand new entity that specializes in e-commerce next month in an effort to become Korea’s answer to Amazon. Titled SSG.com, Choi Woo-jung, vice president of Shinsegae’s e-commerce division, will be the CEO. “[Through the new entity], we hope to maintain the existing SSG.com brand and maximize brand power by raising […]
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Retail Asia06/02/2019
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Food

Featured store : SSG Food Market by Emart in Seoul, Korea

8min0
Nestled in the upmarket suburb of Dogok, Seoul, sits the newly opened reinvention of Emart’s “Star Super”: “the SSG Food Market”, designed by Landini Associates. Emart is the leading business of the Shinsegae group, the largest retailer in South Korea, operating multiple brands including department stores, discount to premium supermarkets, and the mighty Emart hypermarkets. […]
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Retail Asia03/07/2018
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General

Emart’s take on Don Quijote opens in COEX

3min0
Emart’s Pierrot Shopping store has opened inside Coex mall, in southern Seoul. Aiming to be a “Fun and Crazy” destination, the 2513sqm two-storey store targets consumers in their 20s and 30s with a diverse range of 40,000 products. On basement floor, there is a large collection of alcohol and snacks from Korean and foreign brands, […]
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Retail Asia14/11/2017
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General

E-mart opens 2nd store in Mongolia

3min0
Mongolia recently got its second E-mart, the discount chain of Korean retail giant Shinsegae. Unlike the first store, which has its own building, the second store is renting 5,000 square meters on the first and second floors of the Solo Mall in western Ulaanbaatar. The new store sells 12,000 types of goods, with Korean products accounting for […]
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Retail Asia26/09/2017
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Food

E-Mart China exit confirmed

3min0
Thailand’s CP Group has agreed to buy five of the six remaining E-Mart China stores, ending a 20-year presence for the Korean firm. Sources in the retail investment banking sector said E-Mart inked an agreement with CP Group to hand over the stores in Shanghai pending approval from Chinese regulators. Reports emerged earlier this month that the […]
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Retail Asia22/07/2016
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Fashion

Boots to launch in south korea

2min
Walgreens Boots Alliance, Inc. (Nasdaq: WBA), the first global pharmacy-led, health and wellbeing enterprise, today announced that it has signed an agreement to form a franchise partnership with Emart Company Ltd (a member of Shinsegae Group), South Korea’s number one hypermarket retailer. Together, they will create a Boots branded pharmacy-led, health and beauty retail franchise […]
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Retail Asia14/03/2016
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General

South Korean retailers eye overseas push

6min0
The largest South Korean retailers, faced with cut-throat competition in the rapidly saturating domestic market, are turning their attention to overseas markets in conjunction with small and mid-sized businesses to secure a new growth driver. The country’s three major retail conglomerates – Shinsegae Group, Lotte Group and CJ Group – are targeting to sell more […]
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Retail Asia14/03/2016
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Living

Emart teams with SM Entertainment

2min0
South Korea’s Emart has launched private brand products created in collaboration with SM Entertainment. The products went on sale at Emart Mall and 140 Emart stores nationwide from Thursday (March 3). The new products include EXO Jajangmyeon (jajang-flavored instant noodles), Super Junior Habanero Ramen Noodles, TVXQ Truffle Rose Chocolates, Girl’s Generation Popcorn and Shinee Carbonated Water. […]
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