outlet

Retail When in S. Korea, it’s a ritual: Foreigners make stops at CU, GS25, 7-Eleven

“If you’re going to San Francisco, be sure to wear some flowers in your hair,” as Scott McKenzie sang in the late 1960s and 70s.If...

Fashion LF to open Korea’s 1st standalone fashion outlet in India

LF Corp., a leading South Korean clothing company, will foray into India with its flagship brand Hazzys to build its presence in the rapidly growing...

Beauty & Cosmetics Korea’s beauty retailer CJ Olive Young to open first US offline outlet

CJ Olive Young Corp., South Korea’s top beauty store chain, said on Tuesday it has set up a US business entity in Los Angeles to enhance its p...

Retail E-Land sets sights on Vietnam as its next China, to open 10 outlets by 2025

South Korea’s retail giant E-Land Group has set its sights on Vietnam as its next target market after China, planning to open 10 outlets there...

Beauty & Cosmetics Korean cosmetics fly off shelves on Amazon, other e-commerce platforms

South Korean cosmetics are top picks among beauty products on Amazon.com and other global e-commerce platforms amid the growing popularity of K-beau...

Retail Duty-free underdog Kyung Bok Kung outshines Lotte, Shilla

Kyung Bok Kung Duty-Free Co., a lesser-known travel retailer, has bucked the trend of South Korea's sluggish duty-free retail industry on a downward...

Retail Lotte to open shops within Singapore NTUC FairPrice outlets

Lotte Mart and Lotte Super will launch stores within the outlets of NTUC FairPrice, Singapore’s largest supermarket chain, to sell food produc...

Food & Beverage Ashley Queens’ success story: Premium dining, but at affordable prices

Korean food, or K-food, is popular around the world. And it’s almost become a rite of passage for foreigners who come to South Korea to try tr...

Retail BGF Retail’s CU looks beyond Kazakhstan deep into Central Asia

Kazakhstan, a Central Asian country 27 times the area of South Korea, did not have any modernized convenience stores until early this year.The count...

Retail E-Mart’s No Brand success story: A Korean snack chain goes global

When South Korean convenience store operator E-Mart Inc. launched its low-budget house label No Brand in 2015, few thought it would last long.Under ...

Retail Hyundai Premium Outlet runs AI Human for foreign customer

South Korea's Hyundai Premium Outlet announced on Tuesday that it will trial the artificial intelligence (AI) service AI Human at its Songdo store u...

Batteries Ferrari, SK On team up to innovate battery technology

Ferrari S.p.A. joined hands with SK On Co., the world’s fifth-largest electric vehicle battery producer, to innovate cell technology as the It...

Electronics Samsung’s Odyssey Neo G9 redefines gaming monitors

Samsung Electronics Co. is redefining the scope of gaming monitors with its latest model, the Odyssey Neo G9, which the South Korean tech giant says...

Korean food India's love for Korean pizza spurs Gopizza’s global business

South Korea’s Gopizza Inc. opened its 50th branch in India, the world’s most populous country, as the food tech startup aims to attract ...

Food & Beverage Starbucks reigns in coffee republic of South Korea; Drink, play and work

In South Korea, coffee is not just something to drink. It’s a culture, in which people drink, play and work.Koreans’ love affair with co...

Retail Lotte Duty Free focuses energy on stores in Seoul

South Korea’s Lotte Duty Free, which removed its stores from Incheon International Airport in late June, is channeling its energy toward boost...

Food & Beverage KFC Korea to start franchise business for faster growth

Fast food chain KFC said on Friday it will begin franchise store operations in South Korea next year, when the company will mark 40 years of busines...

Travel & Leisure S.Korea's pet-friendly tourism sees brisk growth

More lodging facilities and tourism infrastructure in South Korea are accommodating people who wish to travel with their pets.This strategy by the...

The KED View Falling on deaf ears: Costco Korea cart pusher's death

Costco Wholesale’s co-founder Jim Sinegal had said South Korea was a “fantastic market,” where it ran its largest store in terms o...

Retail Goyard bags high on SE Asians’ shopping list in S.Korea

Goyard outlets in Seoul bustled with shoppers on Friday, especially from Southeast Asia, looking for the French luxury brand’s popular bags: G...

Retail Hotel Shilla to challenge Lotte’s duty-free shop dominance in Korea

South Korean leading luxury hotel and retail operator Hotel Shilla is challenging its crosstown rival Lotte, the dominant player in the country&rsqu...

Food & Beverage Maeil cracks China’s alternative milk market with Starbucks deal

South Korea’s Maeil Dairies Co. has jumped into China’s alternative milk market, worth $17 billion in 2022, by supplying Almond Breeze B...

Food & Beverage S.Korea's Paris Baguette opens first outlet in Malaysia

To SPC Group, which hopes to tide over difficulties in the domestic market facing sagging growth potential and troubles caused by a series of safety...

Korean startups KED's startup news platform Geeks launches revamped website

Geeks, The Korea Economic Daily’s startup news platform launched in May, launched an upgraded website in Korean on Monday. The new conten...

Retail Jeju as Korea's new shopping mecca: Shinsegae's task ahead

Unlike Hawaii and Las Vegas, there is one thing missing on Jeju Island, South Korea's top tourist destination: premium outlets.The island hosted 15 ...

KTCU invests $71 mn in TH Real Estate-led purchase of China outlet malls

The Korean Teachers’ Credit Union (KTCU) has invested 77 billion won ($71 million) in a fund of TH Real Estate which acquired two premier outlet malls...