Newsletter

Hyundai Seoul’s Annual Transactions Exceed 1 Trillion Won: A Retail Success Story

Hyundai Seoul’s Annual Transaction Amount Exceeds 1 Trillion Won By Reporter Shin Jae-hee The Hyundai Seoul, a flagship store of Hyundai Department Store, has achieved a remarkable milestone by surpassing 1 trillion won in annual transaction amount. The store, which opened its doors in February 2021, reached this milestone in just 33 months, setting a […]

A third raid and a full re-investigation of the sponsoring company

◀ anchor ▶ When Lee Jae-myung was Mayor of Seongnam, the prosecution attacked Hyundai Department Store and Nonghyup Bank, which gave money to Seongnam FC. At first, the police reversed the results of the investigation that only one Doosan E&C was the problem, and effectively re-investigated the entire sponsoring company. Reporter Mab Gu-min. ◀ Report […]

[백브리핑AI] Hyundai Baek expands stake in Zinus despite concerns about class action lawsuit against U.S. ‘glass fiber’

[인포스탁데일리=김현욱AI 앵커] Hyundai Department Store continues to acquire additional shares in Jinus, a mattress company that it acquired in March. The market is paying attention to the background of Hyundai Department Store’s increased stake in Jinus. Hyundai Department Store acquired about 6.17 million shares (35.82%, or 894.7 billion won) at the time of its acquisition […]

“In order to change the organization, it starts with people”… Distributing price for sending out 50s and recruiting new ones

Lotte Department Store head office. [아시아경제 조인경 기자] The retail industry, which has undergone an online and offline revolution due to COVID-19, is focusing on intensive restructuring and improving the workforce structure. Analysts that this change is being driven by a sense of crisis that we must transform into a young organization that will respond […]