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South Korea’s largest health and beauty chain is preparing for an IPO (Initial Public Offering) in 2021, with the aim to join the stock market in 2022.

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COVID risk remains high in the country. The government issued stricter social distancing measures, known as Level 2.5, on 31 August. Online firms are working hard to cope with the sudden increase in demand for fresh food grocery under the new guidelines. Stricter social-distancing measures issued on 31 August The government adopted a three-tier social distancing scheme on 28 June and rai...
WeMakePrice, a South Korean ecommerce platform, announced this week that grocery shoppers can now receive a full refund for perishable goods if the products are not up to their standards. Meeting customers’ needs with zero returns The new initiative comes after the online retailer trialed a similar service last month for meat products and nuts, which the company says was met with a warm r...
The service, that allows robots to come and go outdoors to deliver food, has become a reality for the first time in the country. Can deliver day and night Woowa Brothers Corp, the parent company that runs food delivery app Baemin, launched self-driving outdoor delivery robots in August at a multipurpose housing complex in Gwanggyo, a city 25 km south of capital city Seoul. Called “Dill...

Presentations

04/09/2020
Strategies used by retailers and brands to drive H&B sales in Asia despite the COVID-19 pandemic are discussed in this report, supported by case studies covering key aspects such as products, marketing, technology, offline stores and online channel.
20/08/2020
We review the impact of COVID-19 on the five trends which we identified at the start of the year to shape the future of food and consumer goods retailer in Asia in 2020 and beyond.
17/07/2020
We share five innovation trends that have been accelerated by the COVID-19 pandemic as shoppers’ normal patterns of life have changed dramatically.
08/06/2020
South Korea’s convenience stores are an integral part of the country’s fast paced lifestyle. In this report, we showcase a collection of best practices from the country’s leading convenience store operators, which are 7-Eleven, CU, GS25 and Emart24.
View all presentations

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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