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[ THE INVESTOR ] Lotte Duty Free is considering withdrawing from Incheon International Airport, a company source said on Sept. 4. Lotte’s possible decision to pull out of the main gateway to Korea...
[ THE INVESTOR ] US casino and resort giant Sands Group on Aug. 31 hinted at investing up to 6 trillion won (US$5.34 billion) in a resort complex project in Busan, some 400 kilometers southeast of ...
[ THE INVESTOR ] The government’s plan to open the world’s first virtual reality shopping mall during the Korea Sale Festa -- local equivalent of Black Friday -- is in jeopardy due to technical dif...
[THE INVESTOR] Korean retail giant Lotte Group announced on Aug. 31 that it will inject US$300 million to revive the sluggish operations of its discount supermarket chain in China. Lotte Shopping H...
[ THE INVESTOR ] The SPC Group, Korea’s leading food manufacturer and distributor, plans to expand its Paris Baguette outlets fivefold to 300 stores in the US by end-2020, according to media report...
[ THE INVESTOR ] The growth of retail sales in South Korea slowed down, government data showed on Aug. 30. The combined revenue of 26 offline and online retailers reached 10.22 trillion won (US$9 ...
[ THE INVESTOR ] Shareholders of four Lotte companies approved a plan to set up a holding company on Aug. 29, in a move that is expected to tighten the grip of Chairman Shin Dong-bin as the group...
[THE INVESTOR] LG Household and Health Care on Aug. 29 said it has started a subscription-based beauty box service Grooming Box for male customers as part of efforts to diversify retail channels. ...
[ THE INVESTOR ] Ikea Korea‘s second store in Korea will open in Goyang, Gyeonggi Province on Oct. 19, the company said on Aug. 29. “We had heard from customers that they wanted us to come closer ...
[THE INVESTOR] The Korean government and parliament appears to be under fire from consumers and related industries for leaning toward raising more taxes from heating-type cigarettes in a move backpe...
[THE INVESTOR] The five private brands operated by Lotte Department Store will be rebranded under the umbrella brand Eliden, according to the retailer on Aug. 27. Since 2005, Lotte has been oper...
[THE INVESTOR] Women are seeking out toxin-free alternatives to disposable sanitary pads and tampons, as the government continues to struggle in providing clear answers about potential health risks ...
[THE INVESTOR] Lotte Group is putting pressure on SK Planet, the operator of the nation’s top e-commerce site 11st, to create a new joint online shopping platform, according to media reports on Aug....
[THE INVESTOR] US online shopping giant eBay has named two Koreans -- Jay Lee and Park Joo-man -- to lead its Europe and Asia-Pacific operations, respectively. The reshuffle took place on Aug. 23 a...
[ THE INVESTOR ] Uncertainty continues to surround the taxes to be levied on heat-not-burn tobacco sticks sold in Korea, throwing consumer prices into question. According to the National Assembly ...
[ITU BUSAN] Global leaders vow united efforts to address ICT issues
[DECODED X] Chip off the shoulder
France’s Brandt joins race to acquire Dongbu Daewoo
[BEHIND THE WHEEL] Genesis G70, a well-packed sports sedan
[INTERVIEW] Line seeks rebirth as Asia’s prime consumer platform: CTO
CJ keen to acquire Vietnam’s Gemadept
Hyundai Kona EV to debut at Geneva Motor Show next year
Germany’s Delivery Hero acquires FoodFly
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