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The Dairy Farm Group’s health and beauty banner Mannings will carry the products of South Korean healthcare retailer Olive Young in Hong Kong.

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South Korea’s largest supermarket chain operator Emart (owned by Shinsegae) revealed in its shareholder meeting documents in May that it will exit Vietnam. Set to exit after six years of operation The company announced that it will sell 100% of its interest in Emart Vietnam Co. Ltd., which was opened in 2015. Emart entered Vietnam with one supermarket in Ho Chi Minh city, which had an in...
South Korean convenience store chain GS25 has announced to open three stores in Ulaanbaatar, the capital of Mongolia, in the first half of this year. Signed a franchise agreement with Mongolian company Shunkhlai The launch in Mongolia marks GS25’s second international expansion after Vietnam. The company signed a franchise agreement with Mongolian company Shunkhlai, under which GS25 will re...
We round up the latest initiatives and developments from South Korea’s convenience retailers, covering topics such as beauty & cosmetics, green environment, subscription service and COVID-19.  Beauty & Cosmetics: CVS as a new sales channel Convenience stores are emerging as a new channel for cosmetics products: GS25's cosmetics sales up +18.2% vs. 2019 CU's cosmetics sales up +6.7%...

Presentations

19/04/2021
In the final of a three-part series, we deep-dive on the strategic priorities of Magnit, Carrefour, Tesco, Lotte and Auchan.
26/03/2021
Our new forecasts show that Asia will account for 58% of additional grocery sales generated between 2020-22. However, the impact of COVID-19 and its legacy will impact markets differently across the region. This report will help you understand Asia's growing importance in the global context and which grocery markets will provide your business with the most exciting growth prospects towards 2022.
26/03/2021
This report discusses the past, present and future of the convenience channel in South Korea, which has the highest convenience store density in the world with one store per 1,000 people.
23/03/2021
In the second of a three-part series, we provide recommendations on how to design for the convenience channel, with case studies on growth categories, strategic partnerships and price differential.

Key presentation

South Korea country presentation

This guide to South Korea explores the key trends in grocery retail, the outlook for the country’s differing channels to 2022 and the growth strategies of its leading retailers.

South Korea by Numbers 2020 – 2022

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

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