Companies / South Korea
Independent Protests Halt Rapid Retail Expansion
July 2009 | Industry Trend AnalysisThe suspension of a Homeplus Express convenience store opening in the Seoul suburb of Incheon by the Korean subsidiary of UK retailer Tesco is being touted as a triumph by the country's beleaguered independent sector. BMI analyses how fears over the introduction of prohibitive legislation are affecting retailer growth plans and potentially finally slowing expansion in this competitive but still profitable
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