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To lure shoppers back, South Korea’s department store operators are converting store spaces into art galleries.

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South Korea’s largest mobile carrier, SK Telecom Co., announced a partnership with Amazon last week. This strategic relationship marks the US ecommerce giant’s first step into the country. A partnership that generates mutual benefits SK Telecom said that users of its 11Street platform will be able to access a wide range of products sold by Amazon. Through the partnership, Amazon will be a...
South Korea’s leading private equity firm MBK is making plans to exit from its investment in the country’s third largest grocery retail chain, Homeplus. Selling top branches and poised to exit MBK owns a 100% stake in Homeplus after paying KRW7.2 tn (US$6.5 bn) in 2015 . Homeplus Union claimed that MBK sold several real estate assets, including branches, land and employee training and ...
The leading retailer's ecommerce platform,, will launch new market service in December, in direct competition with Coupang. Host small dealers to increase online SKUs Currently sells products directly purchased from suppliers or partners. The 10m products that it carries only account for 10% of SKUs on an average online marketplace. By hosting smaller dealers on its pla...


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Key presentation

This guide to South Korea explores the key trends in grocery retail, the outlook for the country’s differing channels over the five year forecast period and the growth strategies of its leading retailers.

Five year growth forecasts for the grocery market, the leading retailers and modern trade grocery channels in South Korea.

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