home appliance store
Scope
Date
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Korean SMEs
S.Korea’s Shinsegae, KOTRA to help domestic fashion firms for export
Shinsegae Department Store revealed on Friday that they will collaborate with the Korea Trade-Investment Promotion Agency (KOTRA) to assist domestic...
Mar 31, 2023 (Gmt+09:00)
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E-commerce
Korea's Cafe24 launches customized enterprise service
South Korea's global e-commerce platform Cafe24 Corp. announced on Tuesday the launch of a new page called "Cafe24 Enterprise Service," which is des...
Mar 29, 2023 (Gmt+09:00)
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Retail
S.Korea's E-Mart24 provides VAT refund service for foreign visitors
E-Mart24 Inc., the convenience store chain unit of Shinsegae Inc. Group, announced on Tuesday that it will resume the value-added tax (VAT) refund s...
Mar 28, 2023 (Gmt+09:00)
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Food & Beverage
Home appliance maker Cuchen unveils animated character Zin-z
Cuchen, a South Korean home appliance company, has introduced an original character named "Zin-z" to enhance its brand image. Zin-z is an animation ...
Mar 28, 2023 (Gmt+09:00)
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Korean startups
AI tech firm Interminds to attract up to $12 mn in Series C
South Korean startup Interminds Co., an AI developer of unmanned convenience store operations, aims to attract 10 billion won to 15 billion won ($7....
Mar 23, 2023 (Gmt+09:00)
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Korean food
Paris Baguette expands to Canada with first store in Toronto
SPC, the South Korean food and beverage conglomerate, announced the opening of the first Paris Baguette store in Toronto, Canada, on March 23. The m...
Mar 23, 2023 (Gmt+09:00)
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Electronics
Samsung sets ambitious sales target for home appliances
Samsung Electronics Co. has beefed up its lineup of premium Bespoke home appliances with improved energy efficiency, artificial intelligence-enabled...
Mar 22, 2023 (Gmt+09:00)
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Healthcare
LG Elec, Bayada strengthen cooperation on home care medical devices
LG Electronics Inc. announced on Tuesday that it had signed a business agreement with Bayada Home Healthcare, a US-based company specializing in hom...
Mar 21, 2023 (Gmt+09:00)
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Tech, Media & Telecom
LG Elec to spend over $4 bn on capex in 2023, biggest in a decade
LG Electronics Inc. has decided to go bold to widen the technology gap with its rivals, with its biggest capital expenditure in a decade of more tha...
Mar 17, 2023 (Gmt+09:00)
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Retail
Korea's BGF Retail to cut power use with smart devices
BGF Retail, the operator of South Korea’s largest convenience store chain CU, said on Thursday that it had signed a memorandum of understandin...
Mar 17, 2023 (Gmt+09:00)
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Retail
Hyundai Dept. Store Duty Free to launch metaverse duty-free shop
South Korea's Hyundai Department Store Duty Free announced on Thursday that it had signed a memorandum of understanding (MOU) with OlimPlanet for ...
Mar 17, 2023 (Gmt+09:00)
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Electronics
LG Electronics showcases new products in Dubai
LG Electronics Inc. held a two-day event in Dubai to unveil its latest products and solutions for the Middle East and African markets.The South Kore...
Mar 15, 2023 (Gmt+09:00)
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Retail
S.Korea's mattress maker Zinus posts record domestic sales in 2022
Zinus Inc., the mattress-making affiliate of South Korea's Hyundai Department Store Group, on Monday reported record-high domestic sales last year o...
Mar 14, 2023 (Gmt+09:00)
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Food & Beverage
Kyochon F&B opens new store at Kuala Lumpur Airport
South Korea's fried chicken chain Kyochon F&B is spreading its wings in Malaysia, where it has recently opened a new store at the bustling Kuala...
Mar 09, 2023 (Gmt+09:00)
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Retail
Korea’s Shinsegae to bolster convenience store business
South Korea’s retail giant Shinsegae Group is set to boost its business in the rapidly growing convenience store sector as its supermarket cha...
Mar 09, 2023 (Gmt+09:00)
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ESG
POSCO Flow to assist World Vision in transportation of relief goods
POSCO Flow, a logistics partner of World Vision, agreed on Tuesday to help transport relief and sponsorship goods for the humanitarian organization ...
Mar 08, 2023 (Gmt+09:00)
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Retail
S.Korean fashion brands rush to China for pent-up demand
South Korean fashion brands are poised to expand their stores in China, aiming to capture pent-up demand in the world’s top consumer market af...
Mar 07, 2023 (Gmt+09:00)
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Tech, Media & Telecom
LG Elec-SM Ent JV to unveil beta home fitness app in March
Fitness Candy, a joint creation by LG Electronics Inc. and SM Entertainment Co. to rival Apple Fitness Plus, is expected to unveil its beta service ...
Mar 07, 2023 (Gmt+09:00)
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Korean chipmakers
S.Korea needs bold investment to keep K-chip supremacy: SNU scholar
The South Korean government and the private sector must commit to more generous and comprehensive support for the country's memory chip industry if ...
Mar 06, 2023 (Gmt+09:00)
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Beauty & Cosmetics
S.Korea's Aekyung opens Luna brand store on Chinese TikTok
Aekyung Industrial, a South Korean consumer products company, announced on Thursday the opening of a stand-alone brand shop for their make-up specia...
Mar 02, 2023 (Gmt+09:00)
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Food & Beverage
S.Korea's KGC to spur ginseng sales in China with state-run CR Group
Korea Ginseng Corp. (KGC), wholly owned by South Korean tobacco giant KT&G Corp., is set to accelerate sales of its ginseng products across Chin...
Mar 02, 2023 (Gmt+09:00)
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Artificial intelligence
Hyundai Department Store uses AI to write advertising copy
South Korea's Hyundai Department Store Co. on Sunday said it will officially introduce on Thursday an artificial intelligence (AI) copywriting syste...
Feb 27, 2023 (Gmt+09:00)
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Electronics
LG Electronics plans sales blitz on US market for induction ranges
LG Electronics Inc. this year has launched an all-out sales offensive for induction ranges and cooktops in the US, the world's leading market for pr...
Feb 23, 2023 (Gmt+09:00)
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Food & Beverage
Kyochon sets sights on Western expansion with Canadian franchise deal
Kyochon F&B, the operator of South Korea's premier fried chicken brand Kyochon Chicken, said on Tuesday that it has secured a master franchise a...
Feb 21, 2023 (Gmt+09:00)
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Food & Beverage
Fried chicken chain bhc opens first US store in LA
South Korea’s No. 2 fried chicken brand bhc Group on Monday said it opened its first store in North America on Friday at the Original Farmers ...
Feb 20, 2023 (Gmt+09:00)
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Shareholder activism
Korea’s Hyundai Dept. Store drops holding company plan
South Korea’s major retailer Hyundai Department Store Group Co. gave up a plan to split off its core high-end shopping mall affiliate and conv...
Feb 10, 2023 (Gmt+09:00)
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ESG
Chanel Korea to power its stores with renewable energy
Chanel Korea has taken a step toward reducing its carbon footprint by signing a memorandum of understanding (MOU) with Korea East-West Power. The ag...
Feb 09, 2023 (Gmt+09:00)
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Retail
Galleria Dept. Store's sales from foreigners increase 500% for past 6 months
South Korea's department store group Galleria Department Store said on Tuesday that for the past six months (between August last year and January th...
Feb 07, 2023 (Gmt+09:00)
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Mergers & Acquisitions
MBK to buy Japanese nursing home and care service for $300 mn
MBK Partners, the largest private equity firm in Northeast Asia, is set to acquire Japanese senior nursing care service company Unimat Retirement Co...
Feb 03, 2023 (Gmt+09:00)
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Electronics
Samsung to showcase customized home appliances at KBIS 2023
Samsung Electronics Co. will showcase its home appliance lineup that focuses on sustainability and personalized design at the 2023 Kitchen & Bat...
Jan 31, 2023 (Gmt+09:00)