Shinsegae Group Vice Chairman Chung Yong-jin said Tuesday that E-Mart, South Korea's largest discount store outlet, will focus on its online shopping mall, electronics retail and "No Brand" products to generate future growth.Speaking to a group of employees of E-Mart, an affiliate of Shinsegae Group, at the company's headquarters in Seoul, Chung said the focus should be put on the development of key promising business sectors.A file photo of Shinsegae Group Vice Chairman Chung Yong-jin (Yonhap)H

Industry June 27, 2017

South Korea ranked No. 1 in terms of e-commence for grocery shopping, far outpacing other major developed countries, an industry report showed Tuesday.According to the report by industry tracker, Kantar Worldpanel, the percentage of fast-moving consumer goods shopping via online and mobile channels out of all purchases in South Korea between June 2015 and June 2016 came to 16.6 percent. FMCG refers to goods such as soft drinks, toiletries, over-the-counter drugs, processed foods and many other c

Industry June 27, 2017