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Cho Young-je, head of the ecommerce unit at Lotte Shopping, resigned in February as the company’s online business fails to take off.

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Lotte Shopping appointed Kang Sung-hyun, CEO of Lotte Nestle Korea, as the head of its hypermarket chain, Lotte Mart. Previously a management consultant, joined Lotte in 2009 Kang gained retail experience at strategy consultancy firms Booz Allen Hamilton and Boston Consulting Group, and joined Lotte as Executive Director of the Lotte Strategy & Insight Centre more than a decade ago in 200...
The pandemic has triggered the decline of the beauty market in 2020, but key suppliers such as Procter & Gamble and L’Oréal are now expecting growth to return, through their online sales. L’Oréal: ecommerce to aid return to growth of cosmetics Although the total sales of L’Oréal has dropped for the full year of 2020, APAC is the only region that reported growth during the year.  This is mai...
Amongst all modern retail channels, the impact of COVID-19 from a global perspective, has varied the most in convenience. The channel, however, continues to offer a massive opportunity for retailers and suppliers globally, benefiting from longer term consumption trends such as smaller households and more consumers shopping locally. With this in mind, we have identified five themes that we expect ...

Presentations

12/02/2021
Chinese New Year is the biggest annual trading event for many markets and retailers across Asia, we round up the activity from 2021 and highlight best in class execution from across the region…and beyond.
29/01/2021
Two year growth forecasts for the grocery market, the leading retailers and modern trade grocery channels in South Korea.
26/01/2021
As one of the major success stories of 2020, we review the strategic priorities for Costco and the opportunities for suppliers to engage further with one of the world's largest retailers.
21/01/2021
Five global trends that will shape convenience retailing in 2021 and beyond, with examples from Europe, Asia, North America and Latin America.

Key presentation

South Korea country presentation

This guide to South Korea explores the key trends in grocery retail, the outlook for the country’s differing channels to 2022 and the growth strategies of its leading retailers.

South Korea by Numbers 2020 – 2022

Two year growth forecasts for the grocery market, the leading retailers and modern trade grocery channels in South Korea.

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Data

Use our COVID-adjusted forecasts on over 400 retailers in over 180 countries

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