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MyNews Holdings Bhd, which operates about 570 MyNews outlets, plans to open CU convenience stores from South Korea.

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In the wake of the COVID-19 pandemic, the variety of new services being offered at South Korean convenience stores is growing fast. Convenience stores as new centre of everyday life As consumers are not going far from their homes, services offered by convenience stores are gaining popularity. CU has noticed that from July to September: The use of its parcel delivery service was up ...
Lancôme has teamed up with Lotte to launch a smart store concept, known as Lancôme x Lotte Duty Free Smart Store, at Lotte Duty Free’s shop in Myeongdong, Seoul. A fully integrated physical and digital experience The store occupies a 520sq m space and offers unique shopping experience: Augmented reality makeup try-on service : ModiFace, Lancôme’s virtual try-on tool, uses refined ...
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. A move to drive future growth Koo Chang-geun, CEO of Olive Young, in his letter to employees said the company will start preparing for an IPO next year with the aim to list on the stock market in 2022. CJ Group, the parent company of Oliv...

Presentations

22/10/2020
We review Emart’s current performance, impact of COVID-19, its growth forecasts for the next two years, plus progress against key strategic objectives.
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.
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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