Shinsegae

Shinsegae GroupShinsegae Department StoreShinsegae InternationalShinsegae Centum CityShinsegae CoShinsegae Department Store, Centum CityShinsegae Gallery
Shinsegae (Korean: 신세계, ) is a South Korean department store franchise, along with several other businesses, headquartered in Seoul, South Korea.wikipedia
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Busan

PusanBusan, South KoreaBusan Metropolitan City
Its flagship store in Centum City, Busan, was the world's largest department store at 3,163,000 ft2, surpassing Macy's flagship Herald Square in New York City in 2009.
It is home to the world's largest department store, the Shinsegae Centum City.

Lee Myung-hee

The chairman Lee Myung-hee is the daughter of Samsung founder Lee Byung-chull and younger sister of the chairman of Samsung Electronics Lee Kun-hee.
Lee Myung-hee (born 5 September 1943) is a South Korean business magnate and the chairwoman of the Shinsegae Group.

Samsung

Samsung GroupSamsung SDISamsung Corporation
Shinsegae was originally part of the Samsung Group chaebol, separated in the 1990s from the Samsung Group along with CJ Group (Food/Chemicals/Entertainment), Saehan Group (Electronic Media/Apparel/Textiles), and the Hansol Group (Paper/Telecom).
Following Lee's death in 1987, Samsung was separated into four business groups – Samsung Group, Shinsegae Group, CJ Group and Hansol Group.

Hyundai Department Store Group

Hyundai Home ShoppingHyundai
The group owns the brands Shinsegae and E-Mart, and is in direct competition with Lotte Shopping and Hyundai Department Store Group.
Its major competitors are Lotte Department Store, Shinsegae, Hanhwa Galleria, AK Plaza (Hangul: AK플라자, formerly Aekyung Department Store), and Debec, a department store in Daegu.

Hansol

Hansol Group
Shinsegae was originally part of the Samsung Group chaebol, separated in the 1990s from the Samsung Group along with CJ Group (Food/Chemicals/Entertainment), Saehan Group (Electronic Media/Apparel/Textiles), and the Hansol Group (Paper/Telecom).
Hansol used to be a part of Samsung Group, and is still owned by one of the relatives of the Samsung and Shinsegae family.

E-mart

EmartE-mart Traders
The group owns the brands Shinsegae and E-Mart, and is in direct competition with Lotte Shopping and Hyundai Department Store Group.
It was founded on 12 November 1993 by Shinsegae as the first discount retailer in South Korea.

Suji-gu

Suji DistrictSuji
Home to the newly built Shinsegae Department Store and Dankook University in one of its towns, Jukjeon, Suji is rapidly developing as Yongin City becomes more and more urbanized.

Chaebol

conglomeratechaebolsKorean conglomerate
Shinsegae was originally part of the Samsung Group chaebol, separated in the 1990s from the Samsung Group along with CJ Group (Food/Chemicals/Entertainment), Saehan Group (Electronic Media/Apparel/Textiles), and the Hansol Group (Paper/Telecom).

Department store

department storesdepartmentdepartment-store
Shinsegae (Korean: 신세계, ) is a South Korean department store franchise, along with several other businesses, headquartered in Seoul, South Korea.
The five most prevalent chains are Lotte, Hyundai, Shinsegae, Galleria, and AK Plaza.

Centum City

Its flagship store in Centum City, Busan, was the world's largest department store at 3,163,000 ft2, surpassing Macy's flagship Herald Square in New York City in 2009.

Jung District, Seoul

Jung-guJung DistrictJung-gu, Seoul
Notable companies based in Jung District include Hanhwa, Shinsegae, Hanjin, Doosan Corporation, SK Telecom, LG U+, Daewoo International, Daehan Logistics, Ssangyong Cement, Daewoo Shipbuilding & Marine Engineering, Lotte Shopping and many more.

Lee Kun-hee

Kun-Hee LeeLee Kun HeeKun Hee Lee
The chairman Lee Myung-hee is the daughter of Samsung founder Lee Byung-chull and younger sister of the chairman of Samsung Electronics Lee Kun-hee.
Lee's younger sister, Lee Myung-hee, is chairwoman of the Shinsegae Group, the largest retail company in South Korea, with major holdings such as the Shinsegae Department Stores and E-Mart.

Mitsukoshi

Shin Kong MitsukoshiEchigoyaMitsukoshi Department Store
The main building of the store was opened in 1930 as the Gyeongseong branch of Mitsukoshi, a Japanese department store franchise; Korea was occupied by the Japanese Empire at the time.
After the liberation of Korea and the defeat of Japan in 1945, Samsung took over this store and renamed it Shinsegae (신세계; Shinsegae; lit. New World).

Homeplus

Home plusHomeverSamsung-Tesco
Domestically, E-Mart is the biggest discount store chain followed by Home Plus, and Lotte Mart.
Homeplus is the second largest retailer in South Korea, behind Shinsegae Group's e-mart chain.

Chung Yong-jin

Shinsegae banned commercial images of actress Go Hyun-jung from their department stores following her divorce from vice chairman and CEO Chung Yong-jin.
Chung Yong-jin (born 19 September 1968) is a South Korean businessman, the vice chairman and CEO of Shinsegae Group.

Central City (Seoul)

Central City
Among these buildings are the JW Marriott Hotel Seoul, Central City Terminal, Megabox movie theater, Shinsegae and Bandinlunis bookstore.

Walmart

Wal-MartWalmart SupercenterWal-Mart Stores, Inc.
In late May 2006, Shinsegae revealed plans to buy all 16 of the Wal-Mart stores in Korea.
In May 2006, after entering the South Korean market in 1998, Walmart sold all 16of its South Korean outlets to Shinsegae, a local retailer, for US$882{{nbsp}}million.

Go Hyun-jung

Shinsegae banned commercial images of actress Go Hyun-jung from their department stores following her divorce from vice chairman and CEO Chung Yong-jin.
In May 1995, at the peak of her career, Go married Chung Yong-jin, vice chairman and CEO of Shinsegae Group and grandson of Samsung founder Lee Byung-chull.

Lee Byung-chul

Lee Byung-chullLee Byungchul
The chairman Lee Myung-hee is the daughter of Samsung founder Lee Byung-chull and younger sister of the chairman of Samsung Electronics Lee Kun-hee.

Korean language

KoreanKorean-languageKorea
Shinsegae (Korean: 신세계, ) is a South Korean department store franchise, along with several other businesses, headquartered in Seoul, South Korea.

South Korea

Republic of KoreaKoreaKOR
Shinsegae (Korean: 신세계, ) is a South Korean department store franchise, along with several other businesses, headquartered in Seoul, South Korea.

Franchising

franchisefranchisesfranchised
Shinsegae (Korean: 신세계, ) is a South Korean department store franchise, along with several other businesses, headquartered in Seoul, South Korea.

Seoul

Seoul, South KoreaSeoul, KoreaHanseong
Shinsegae (Korean: 신세계, ) is a South Korean department store franchise, along with several other businesses, headquartered in Seoul, South Korea.

Flagship

flagship storeflagship universityflagship campus
Its flagship store in Centum City, Busan, was the world's largest department store at 3,163,000 ft2, surpassing Macy's flagship Herald Square in New York City in 2009.

Macy's

Macy’sR.H. Macy & CompanyR.H. Macy & Co.
Its flagship store in Centum City, Busan, was the world's largest department store at 3,163,000 ft2, surpassing Macy's flagship Herald Square in New York City in 2009.