e-mart

e-mart
Public
Traded as KRX: 139480
Industry Retailing
Founded 1993 (1993)
Headquarters Seoul, South Korea
Number of locations
178 in South Korea,[1] 15 in China,[2] 1 in Mongolia,[3] 1 in Vietnam
Area served
South Korea, China, Mongolia, Vietnam
Products Groceries, consumer goods,
Owner Lee Myung-Hee
Parent Shinsegae
Website emart.ssg.com
Located in the Republic of Korea E-Mart (Gwangju Branch, Gwangju Metropolitan City near Jeollanam-do)

e-mart (Hangul: 이마트) is the largest retailer in South Korea. There were 160 stores across the country as of December 2016. It was founded on 12 November 1993 by Shinsegae as the first discount retailer in South Korea.[4]

E-Mart is the oldest and largest discount store chain in Korea with total sales volume exceeding US$9.4 billion in 2009. With new store openings and acquisition of Wal-Mart Korea in 2006, E-Mart is enjoying its retail leadership in the discount store market.[5] E-mart offers everything from food to clothes to diapers, and provides a very large variety of merchandise. E-mart has a website, where products can be bought or viewed online.[6]

E-Mart is the first Korean retailer to advance into China with the aim to become one of top leading global retailers. In January 2011, there were 27 stores in China.[7] By February 2014 however, China's store count shrunk to 13 stores.[8]

E-Mart opens first in Mongolia in 2016, Korean retailers hopeful would open every countries.

References

Wikimedia Commons has media related to E-mart.
This article is issued from Wikipedia - version of the 11/25/2016. The text is available under the Creative Commons Attribution/Share Alike but additional terms may apply for the media files.