Discount Stores Feuding with Markets and Department StoresDiscount stores and department stores are slowly making inroads into Korea's small and medium-sized cities, and local merchants don't like it.
The Market Development Association of Jukdo, Pohang's largest conventional market, recently presented petitions to various city officials. The petitions are an attempt to bar discount stores from the local market.
The Association stated that, "There are already some eight discount stores like Kim's Club in Pohang. The city cannot support additional discount stores."
An Association spokesperson stated that, "Discount stores are increasing in number all over the world. The increase in stores in Korea is resulting in increased difficulties for storeowners. CEOs in charge of discount store construction must consider the local situation."
The dealers are planning to gather some ten old markets' dealers and supermarkets' owners in order to object to the additional establishment of discount stores.
with the Korea JoongAng Daily
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