Distribution Networks in South Korea

Overview by Globlatrade.net:

Types of Outlet

Department stores
Clothing, Cosmetics, Jewelry, Leather Goods, Food, Restaurants.
Hyundai, Shinsegae, Lotte, Daegu Department, Galleria, Aekyung, IPark, GS Squarem
Supermarkets and hypermarkets
Food supermarkets and specialized department stores.
Lotte Mart, Homeplus, Homever, E-Mart, GS Mart, Hanaro Club, Kim's Club, GS Supermarket
Clothing, Cosmetics, Jewelry, Leather Goods, Food, Restaurants.

Newcore Outlet, 2001 Outlet, Mario, Fashion Island, W-Mall

Convenience stores
Open 24/24.






General food, drink, everyday products.

7-Eleven, GS25, Family Mart, Buy theWay, Ministop
Drug Stores
Drugs, Personal hygiene products, Cosmetics, Skin care products.
With Pharm, OptimaCare
Specialized stores
Specialized by product or by type of customer targeted.
Shinsegae, TheFaceShop, Missha, SkinFood
Electronic Home Appliance: Hi-Mart
Glasses, Contact lens: 1001 Optical
1000 KRW shops: All sorts of products, sold for the one price of 1000 KRW.
Shop 1000

Evolution of the Retail Sector

Growth and Regulation
The retail market in Korea reached 150 trillion KRW (+5,7%) in 2007, 141,9 (+7,7%) in 2006 and 131,7 (5,0%) in 2005. The number of the large discount stores convenience store will reach more than 400 in 2008 and that of the convenience stores exceeded already 10,000.
Market Shares
Among total retail market worth of 150 trillion KRW (+5,7%) in 2007, sales for all large discount stores comes first with around 28 trillion KRW, followed by department stores with 18,5, Online shopping mall 15,5, supermarkets 7,8, convenient stores 5,7 and TV home shopping with 4,2 trillion KRW.

Two retail giants, Lotte and Shinsegae group secured respectively 10,0851 trillion won and in annual sales, 17,7 billion KRW and 10,1028 trillion won in 2007 with department store, large discount stores, premium outlet stores, online or tv home shopping.

Organizations in the Retail Sector
Korea Association of Convenience Stores (KACS)
Korea Chainstores Association (KOCA)

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