Latest News

News Feature image

Asia-based ecommerce platform Shopee intends to premiumise its beauty offerings, by increasing its focus on K-beauty brands. 

More News

The first CU convenience store has opened in Malaysia. South Korean retailer, BGF Retail signed a brand licensing deal with MyNews in October last year. Located in Centrepoint Bandar Utama, Petaling Jaya, Kuala Lumpur Source: CU Malaysia South Korean products account for 60% of all products Source: CU Malaysia The 165 sq m store sells popular Korean street food over t...
The number of health and beauty (H&B) stores in South Korea dips for the first time as more consumers turned to online shopping. 31 stores closed in 2020 Olive Young, lalavla and LOHB’s are the country’s three major H&B retailers.  As of December 2020, they have a combined 1,484 stores, down by 31 from one year earlier. This is in contract to a steady store expansion in previous years: 1,...
South Korean retail giant Shinsegae Group and technology behemoth Naver (Korea’s Google) are combining forces to gain a competitive edge in the fast changing ecommerce field. Signed a stock swap deal worth KRW250bn (US$221m) The two companies signed a strategic partnership agreement and a stock swap deal worth KRW250bn (US$221m) this week. “ We plan to establish a strong cooperation netw...

Presentations

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.
08/03/2021
In the first of a three-part series, we explain why convenience retail is increasingly important globally and provide recommendations on how you should respond.

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.

Please login to this service
to view this data

LOGIN
IGD newsletters

Get the latest industry news and insights straight to your inbox with our range of newsletters

Data

Use our COVID-adjusted forecasts on over 400 retailers in over 180 countries

Solutions from IGD

Creating personalised solutions that address critical customer and commercial challenges

Looking for more insight on Asia?

We've grouped all the latest Asian retail news, store visits, retailer profiles and downloadable presentations together in one place.