Convenience stores are rapidly expanding deliveries to better compete with online shopping.
A consortium led by GS Retail will acquire a 100 percent stake in Delivery Hero Korea, operator of Korea’s second largest food delivery platform Yogiyo.
GS Retail celebrated its merger with GS Home Shopping Thursday, saying that the new entity—also called GS Retail—will be a major player in the highly competitive retail markets.
GS25 is facing a backlash over a camping food poster that some people see as a reference to radical feminism and misandry, or hatred of men.
The offenses were dramatic examples of gapjil, the Fair Trade Commission said, using the Korean expression for abusing a superior position to take advantage of those relatively weak.
An employee stacks fruit at a GS Supermarket in Indonesia. GS Retail on April 13 announced that it has succeeded in securing roughly 32 billion won ($2.8 million) from Indonesian investment firm PT NIS.
The latest fad in fashion and retail is environmental, social and governance (ESG)--at least in terms of the ‘E’ and 'S' in ESG.
People are reserving Lunar New Year gift sets earlier than usual as a result of the coronavirus pandemic.
GS Group has donated 4 billion won ($3.7 million) to the Community Chest of Korea, the company announced Tuesday.
GS Retail is developing a logistics system using KT technology and services.