Pictured is the first basement floor of Shinsegae Duty Free's branch in Haeundae District, Busan, on Jan. 20. The branch will ...

Shinsegae Duty Free will close its downtown duty-free store in Busan later this month. As previously reported, the company ...

SOUTH KOREA. In a sad development for the troubled Korean travel retail sector, Shinsegae Duty Free is poised to shut down its Busan downtown duty free store (in Shinsegae Centum City) on 24 January.

[UPDATED] Shinsegae Duty Free has announced the closure of its duty free department store in Haeundae District, Busan, as the ongoing economic impact of the Covid-19 pandemic, a weakening Japanese yen ...

According to industry data released on January 7, the five major department store chains – Lotte, Shinsegae, Hyundai, Galleria, and AK – recorded combined sales of 39.82 trillion won across their 68 ...

According to local media reports, the shop workers union was notified of the plans to close Shinsegae Centum City on 30 December last year. A Shinsegae spokesperson tells DFNI the company is currently ...

The duty-free industry in Korea has not yet fully recovered from the impacts of the COVID-19 pandemic. This has been ...

Shinsegae duty-free may close its Haeundae District branch due to declining sales and brand exodus. The potential closure ...

Shinsegae Centum overtakes Lotte Seoul store as Busan department store rises Shinsegae Centums rise to prominence showcases the shifting dynamics of South Koreas retail landscape.

Centum Investment Company is planning to set up Kenya’s first dollar denominated income Real Estate Investment Trust (I-Reit) at its Two Rivers special economic zone in Nairobi. The company said ...