Shinsegae Group Chairwoman Lee Myung-hee, 77, has handed down part of her share in the conglomerate to her children, Shinsegae announced in a regulatory filing Monday.
A model holds up RXBAR protein bars at Hyundai Department Store's Coex branch in southern Seoul on Tuesday.
Retailers are curtailing their operations in line with new government restrictions effective Sunday.
Models promote Shinsegae Department Store gift certificates at Emart's Seongsu branch in eastern Seoul on Monday, ahead of the Chuseok harvest festival.
Hyundai HCN is acquiring 27.9 percent of SK Bioland, a Kosdaq-listed supplier of chemical ingredients for cosmetics, from SKC. The deal comes as both companies restructure their operations.
More than a month ahead of the Chuseok harvest holidays, major retailers have already developed their marketing strategies for Chuseok gift sets.
Retailers are expanding their range of ready-made dishes and prepackaged kits as consumers search for more convenient options in an increasingly competitive market.
Employees at Hyundai Department Store in Pangyo, Gyeonggi, introduce baskets of seasonal fruit Wednesday, which will be offered before Daeseo, or the hottest day of summer according to the traditional Korean calendar.
Hyundai Department Store is expanding its food delivery service through the launch of its own online mall.
Passersby take photos of a media art piece showcased via a digital sign on an outer wall of the Hyundai U-Plex Department Store in Sinchon, western Seoul, on Wednesday morning.