SHINSEGAE GROUP ANNOUNCES ACQUISITION OF A PRO-BASEBALL CLUB OWNED BY SK GROUP

Highlights –

• Shinsegae Group announced acquisition of a pro-baseball club owned by SK Group.
• E-Mart Inc. will buy the SK Wyverns of the KBO from SK Telecom Co.
• E-Mart is expected to officially sign the main contract on Feb. 23
...

FLAGGING KOREAN AIRLINES TO BEGIN TOUTED ‘INTERNATIONAL SIGHTSEEING FLIGHTS’ OVER THE WEEKEND

• Local airlines will begin functioning amid "international sightseeing flights" this weekend to improve their turnover as the prolonged COVID-19 pandemic weighs upon the aviation industry.
• The special flights fly passengers over other countries and then come back to Ko...

STARBUCKS KOREA TO THE RESCUE OF SHINSEGAE IN ITS ONLINE BUSINESS VENTURE

• Starbucks Korea, which collaborates with local retail giant Shinsegae, is helping its business ally improve its online business performance by launching an exclusive Starbucks store at the latter's outlets.
• SSG.com, Shinsegae’s e-commerce arm saw a 10-percent rise in ...

RETAIL STORES LOSING OUT TO ONLINE SHOPPING; LIVE COMMERCE TO THE FORE

• The digitization of retail here has been forcing more and more people to shop online.
• At first, people were uncomfortable with internet shopping because they were much scared of paying for the product and receiving it after a week and at times not receiving it at all.  

INCHEON AIRPORT DUTY-FREE AUCTION COMES A CROPPER AMIDST PANDEMIC

• Incheon International Airport, the country's principal doorway, did not succeed to cash in on enough bidders in duty-free auctions Tuesday, its operator said, underlining an extended dip in the duty-free business sector amid the coronavirus pandemic.
• The Incheon Internation...

STARBUCKS COFFEE AND STARBUCKS COFFEE KOREA: TIME-TESTED ALLIANCE

• Since the launch of its first store in Seattle in 1971, Starbucks Coffee has grown into a behemoth, gaining in strength as it penetrated into more than 80 countries to operate some 30,000 stores across the globe.
• In South Korea, the coffee giant introduced its first store in fr...