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E-mart is quitting the local market to restructure its operations 10:59 | 19/05/2021 E-mart has stopped opening discount outlets Accordingly, E-mart has stopped operating discount outlets and will only operate hypermarkets in South Korea. As part of this restructuring, E-mart has decided to transfer 100 per cent of its Vietnamese business to Truong Hai Auto Corporation (THACO) after seven years in the market.  Once the deal is completed, THACO will operate the E-mart brand under the franchising model, with the target of opening 10 discount stores by 2025. Th...

Retailers taking action against Japanese seafood Posted : 2021-04-14 17:23 Updated : 2021-04-14 17:36 A customer walks by gift-set boxes sold at Hyundai Department Store in Seoul, on Jan. 6. Yonhap By Kim Jae-heun Local supermarket chains E-mart, Lotte Mart and Homeplus have confirmed that they will continue boycotting the sale of Japanese seafood. The following announcement came after the Japanese government's recent decision to release a massive amount of radioactive water into the sea from its wrecked Fukushima nuclear power plant. The retailers' decision to continue banning the import...

Posted : 2021-02-15 16:37 Updated : 2021-02-15 17:03 Models show pet-related products at Molly's Pet Shop in Starfield Hanam in Gyeonggi Province in this 2019 file photo. / Yonhap By Kim Jae-heun E-mart's pet shop chain Molly's Pet Shop may be put up for sale as several unnamed candidates including local private equity funds (PEFs) have contacted the country's largest retailer expressing interest in taking over the business. "There are candidates who wish to acquire E-mart's Molly's Pet Shop. We will contact E-mart to ask their opinion and collect strategic investors to prepare for a possi...

Can Chung's personal social media marketing succeed? Posted : 2021-01-21 18:31 Updated : 2021-02-24 16:03 Vice Chairman of Shinsegae Group Chung Yong-jin prepares food in the video posted on E-Mart's official YouTube channel on Dec. 23, 2020. / Screen captured from E-Mart's YouTube channel By Kim Jae-heun Vice Chairman of Shinsegae Group Chung Yong-jin has recently been enjoying popularity on Instagram where he shares posts on his personal life and company products. Chung recently uploaded a video hinting at his debut as a YouTuber. The caption below read "YJ Lo...