Content about South Korea

January 10, 2014

The few blocks surrounding the Honolulu intersection of Kalakaua and Ka’iulani Avenues boasts the highest pedestrian traffic in the world-renowned Waikiki retail district.

The few blocks surrounding the Honolulu intersection of Kalakaua and Ka’iulani Avenues boasts the highest pedestrian traffic in the world-renowned Waikiki retail district. The count exceeds 22,000 visitors per day. And it is rising as recovering international economies enable tourists from around the world — and especially from the Asia-Pacific countries of Japan, China and South Korea — to respond to the beckoning call of Hawaii’s Big Island of Oahu.

September 5, 2013

Shinsegae Simon, a joint venture between Shinsegae Group and Simon Property Group has announced the grand opening of Busan Premium Outlets, its third Premium Outlet Center in South Korea.

Busan, South Korea — Shinsegae Simon, a joint venture between Shinsegae Group and Simon Property Group has announced the grand opening of Busan Premium Outlets, its third Premium Outlet Center in South Korea. The first two are located in Yeoju and Paju.

The new center is located on the southeastern tip of the Korean Peninsula and features 180 outlet stores. Fashion brands include Coach, Ermenegildo Zegna, Isabel Marant, Jill Stuart, Marc Jacobs, Roberto Cavalli and Vivienne Westwood.

 

October 24, 2012

By Alex Evans and Andrew Rees, L.E.K. Consulting

By Alex Evans and Andrew Rees, consumerproducts@lek.com

September 11, 2012

Hollister has fired three male models it flew in for the grand opening store of its first store in South Korea after the models mocked Asians in photos and on their social media accounts, according to various media reports.

New York -- Hollister has fired three male models it flew in for the grand opening store of its first store in South Korea after the models mocked Asians in photos and on their social media accounts, according to various media reports.

September 11, 2012

Hollister has fired three male models it flew in for the grand opening store of its first store in South Korea after the models mocked Asians in photos and on their social media accounts, according to various media reports.

New York -- Hollister has fired three male models it flew in for the grand opening store of its first store in South Korea after the models mocked Asians in photos and on their social media accounts, according to various media reports.

March 1, 2012

Indianapolis-based Simon Property Group, along with Chinese retail conglomerate Bailian Group, announced plans to jointly develop a branded Premium Outlet Center in Pudong, Shanghai, China.

Shanghai, China -- Indianapolis-based Simon Property Group, along with Chinese retail conglomerate Bailian Group, announced plans to jointly develop a branded Premium Outlet Center in Pudong, Shanghai, China.

Simon Property Group is the world's largest developer, owner and operator of outlet shopping centers, with interests in 70 Premium Outlet Centers located in the United States, Japan, South Korea, Malaysia, Mexico and Puerto Rico.

February 22, 2012

By HeeSun Kim and Young Rok Park

Imagine a place where department stores are destinations for retail and social activity, where the mere mention of the term “department store” still conjures fond memories of day-long family outings in the city. Fifty years ago, this could have been any major city in the United States, but the current epicenter of the design revolution in large-format retail, culture and fashion is on the opposite side of the planet, specifically in Seoul, South Korea.

September 12, 2011

Destination Maternity Corp. announced the opening of two namesake stores and two shop-in-shops in South Korea.

Philadelphia -- Destination Maternity Corp. announced the opening of two namesake stores and two shop-in-shops in South Korea.

The freestanding locations, in the cities of Koyang and DaeJeon, are the chain’s first stores in South Korea and were opened by partner Agabang & Co.

September 7, 2011

Starbucks plans to triple the number of outlets it has in China during the next four years, the Associated Press reported.

New York — Starbucks plans to triple the number of outlets it has in China during the next four years, the Associated Press reported.

The company expects to increase the number of shops in China from 470 now to 1,500 by 2015, Asia-Pacific President Wang Jinlong said on Tuesday.

Starbucks also plans to open 700 shops in South Korea by 2016, up from 370 now, the report said.

August 22, 2011

Golfsmith International announced it will open its first retail stores outside the United States, in South Korea, which it called the fastest growing golf market in the world.

Austin, Texas -- Golfsmith International announced it will open its first retail stores outside the United States, in South Korea, which it called the fastest growing golf market in the world.

Golfsmith is opening the store in partnership with Golfzon Co., one of the world-largest sellers of virtual golf simulation systems. Under the terms of the agreement, the new stores will be branded Golfsmith and operated by Golfzon.

August 22, 2011

Golfsmith International announced it will open its first retail stores outside the United States, in South Korea, which it called the fastest growing golf market in the world.

Austin, Texas -- Golfsmith International announced it will open its first retail stores outside the United States, in South Korea, which it called the fastest growing golf market in the world.

Golfsmith is opening the store in partnership with Golfzon Co., one of the world-largest sellers of virtual golf simulation systems. Under the terms of the agreement, the new stores will be branded Golfsmith and operated by Golfzon.

July 11, 2011

British retail giant Tesco Ltd. has broken new ground, creating virtual stores in subway stations in Seoul, South Korea, as a way to make grocery shopping more convenient for the city’s busy urban residents.

New York City -- British retail giant Tesco Ltd. has broken new ground, creating virtual stores in subway stations in Seoul, South Korea, as a way to make grocery shopping more convenient for the city’s busy urban residents. Tesco launched the unique venture for its Homeplus chain, which operates 115 stores in South Korea. The virtual stores were created by Cheil Worldwide of Korea.

July 11, 2011

British retail giant Tesco Ltd. has broken new ground, creating virtual stores in subway stations in Seoul, South Korea, as a way to make grocery shopping more convenient for the city’s busy urban residents. Tesco launched the unique venture for its Homeplus chain, which operates 115 stores in South Korea. The virtual stores were created by Cheil Worldwide of Korea.

Click here to read the full story.

March 17, 2011

Simon Property Group announced that, in partnership with Shinsegae, it has opened Paju Premium Outlets, its second Premium Outlet Center in South Korea.

Indianapolis -- Simon Property Group announced that, in partnership with Shinsegae, it has opened Paju Premium Outlets, its second Premium Outlet Center in South Korea.

The 328,000-sq.-ft. center houses 160 stores, including international and domestic brands. Strategically located in Paju, Gyeonggi Province, the center is approximately 50 minutes northwest of downtown Seoul.

March 17, 2011

Simon Property Group announced that, in partnership with Shinsegae, it has opened Paju Premium Outlets, its second Premium Outlet Center in South Korea.

Indianapolis -- Simon Property Group announced that, in partnership with Shinsegae, it has opened Paju Premium Outlets, its second Premium Outlet Center in South Korea.

The 328,000-sq.-ft. center houses 160 stores, including international and domestic brands. Strategically located in Paju, Gyeonggi Province, the center is approximately 50 minutes northwest of downtown Seoul.

February 8, 2011

Wal-Mart Stores is in talks to become a partner of Indonesian retailer PT Matahari Putra Prima to develop its hypermarts, according to Reuters.

Jakarta/Singapore -- Wal-Mart Stores is in talks to become a partner of Indonesian retailer PT Matahari Putra Prima to develop its hypermarts, according to Reuters.

South Korea's Lotte Shopping Co. has withdrawn from talks for a deal with Matahari, the report said. Matahari last month said it will seek a “global partner” to develop its hypermart business.

May 14, 2008

Tesco has agreed to buy South Korean discount chain Homever for $1.86 billion, according to...

December 5, 2007

Wayne, N.J. Toys ‘R’ Us will open its first store in South Korea on Dec....

June 30, 2007

Loyalty, and the right offers for customers, is a topic hot on retailers’ minds. The...

May 21, 2006

New York City, ...