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 ...

Shinsegae Department Store announced on the 23rd that its Centum City branch in Busan has exceeded an annual transaction volume of 2 trillion won for two consecutive years. The Centum City branch ...

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.

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

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.