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Shinsegae’s Emart announced this week that it plans to raise KRW1tn (US$820m) by selling assets and will buy back stocks worth some KRW100bn to boost shareholder value.

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SSG.com, the ecommerce unit of South Korea’s retail conglomerate, Shinsegae, launches early morning delivery service in June. Order by midnight, deliver by 6 a.m. Orders can be placed as late as midnight with deliveries guaranteed to arrive by 6 a.m. the next day. The service covers up to 10,000 items, including fresh food, bakery, cooked meals, pet food and baby products such as nappies an...
South Korean retail giant Shinsegae is to open a new Emart Traders store in Seoul this month, which will be its first branch in the capital.  High expectation of the new branch This first Emart Traders in Seoul will be located in Wolgye-dong, Nowon District. It will be in the parking lot of Emart’s Wolgye store, with 45,302 square meters of floor area. The first Seoul branch is expected ...
Hailed as South Korea’s answer to Amazon, Shinsegae is to launch SSG.com in March 2019 by integrating its two online businesses. Integration driven by demand SSG.com is formed by combining Shinsegae’s two online business units, the Shinsegae mall and the Emart mall. The company made the announcement  back in January 2018 and is now going ahead with the plan. “ The integration of onlin...
South Korea retail conglomerate opened a new format for its Emart brand, called the SSG Food Market, in Seoul. A fusion of supermarket and food hall The new 4,000 sqm development is a fusion of premium supermarket and food hall. It includes an extensive fresh food department, with additional features such as a fishmonger, a butcher, a Korean deli, a sushi restaurant, a café, a florist and a...

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