Shinsegae Inc.'s profit drops 50% on year, base effect blamed

Shinsegae Inc. reported a net profit of 94.5 billion won in the third quarter ($67.4 million), down 50 percent on year.

2022-11-07

This Chuseok, gift packaging gets much greener

Holidays mean gifts, gift wrapping and plenty of waste at the end. For the upcoming Chuseok harvest festival, companies are using greener materials for gift sets to appeal to the environmentally conscious.

2022-08-22

Lotte Shopping to withdraw its last department store from China

Lotte Shopping is withdrawing its department store business from China, closing its only Lotte Department Store left in the country after failing to recover from the Terminal High Altitude Area Defense (Thaad) row.

2022-08-18

Shinsegae Property building mega shopping mall in Gwangju

Shinsegae Property is building a mega shopping mall in Gwangju, joining the race to develop retail of scale in the city.

2022-08-17

Shinsegae Inc.'s net quadrupled in second quarter

Shinsegae Inc. reported a net profit of 82.2 billion won ($62.7 million) in the second quarter, jumping 394 percent on year.

2022-08-10

Lotte Shopping reports 45.5 billion won second quarter net

Lotte Shopping logged a net profit of 45.5 billion won ($35.1 million) in the second quarter, compared to a net loss of 34.5 billion won in the same quarter the previous year due to customers returning to its branches.

2022-08-05

Shinsegae reports better than expected net profit of $118.2 million

Shinsegae reported an expectation-beating net profit of 150.9 billion won ($118.2 million), up 69.2 percent on year.

2022-05-11

Hyundai Department Store's net profit beats expectations in Q1

Hyundai Department Store beat expectations with a 75.4-billion-won ($59 million) net profit in the first quarter, up 35.1 percent on year, as shoppers returned.

2022-05-10

Lotte serves sales to keep customers coming after blossoms fall

Lotte Department Store has planned various events and promotions for the month of May.

2022-04-25

For some shoppers, luxe is worth the wait

Today, open runs are daily events at high end stores. They are less chaotic, more organized — and lucrative for people involved. Visiting the Shinsegae Department Store at 6 a.m., there were already 17 people waiting to enter the Chanel boutique.

2022-02-22

korea joongAng daily