SSG.COM and E-Mart's logistics center in Gimpo, Gyeonggi Province Shinsegae Group, South Korea’s retail giant, on Wednesday launched sweeping top-level management overhauls for Gmarket Inc. and SSG.COM. to tighten up its underperforming e-commerce arms.In a drastic management reshuffle, S
Shinsegae wine shop South Korean retail giant Shinsegae Group is set to sell luxury wines with price tags up to tens of thousands of dollars in Seoul, as demand for premium bottles remains healthy despite the slowing local wine market.Shinsegae Department Store plans to open a shop at its Gangn
Back in 2021, South Korea’s retail titan Shinsegae Inc. beat its archrival Lotte Shopping Co. to purchase Gmarket and Auction, the country's two largest open market platforms at the time, from eBay Korea, reportedly for around 4 trillion won ($3 billion).The estimated deal size made Lott
SSG.COM's distribution center for online-ordered products, Shinsegae NEO 003 Shinsegae Group could face a legal battle against two private equity firms that are demanding it buy back their combined 1 trillion won ($727 million) worth of stakes in the South Korean retail giant’s e-commerce
Shinsegae Engineering & Construction CEO nominee Heo Byung-Hoon (Courtesy of Shinsegae Group) South Korea’s retail giant Shinsegae Group on Tuesday replaced the head of its construction unit amid the sluggish property market, adding to expectations of further management reshuffles at
Shinsegae Inc., South Korea’s largest department store and supermarket company, will pull out of the whisky market, bucking the trend of the rapidly growing demand for spirits, as it shifts its focus toward profitability over external growth.Shinsegae L&B, under the supermarket chain