South Korea

UK retail giant Tesco has reported a decline in recent underlying sales by its largest Asian operation, South Korea. For the 10 weeks to November 1, like-for-like sales (adjusted... 2008-11-11

South Korean retailer Lotte Shopping, a subsidiary of conglomerate Lotte Group, has announced plans to acquire a 75% stake in the Indonesian subsidiary of Dutch wholesaler SHV Makro.... 2008-10-09

South Korean retailer Shinsegae has been granted permission to retain all of the stores it acquired from Wal-Mart, when the US firm left the market in 2006. The decision overturns... 2008-09-12

South Korean food producer CJ Cheiljedang Corp is reportedly considering bidding for a 28% stake in confectionery and baked goods manufacturer Kirin Co. The acquisition, which is... 2008-07-23

Figures released by South Korea's alcohol industry association, Korea Alcohol & Liquor Industry Association, have revealed that sales of alcoholic drinks in the country climbed... 2008-07-17

South Korea's Lotte Confectionery has announced it will acquire Belgium-based chocolate maker Guylian for EUR105mn (US$164mn). The move represents Lotte's first foray into the competitive... 2008-06-25

South Korean conglomerate Dongwon Group is in talks with US food major Del Monte about the acquisition of canned tuna producer StarKist. Del Monte is considered keen to offload StarKist... 2008-06-20

South Korean confectionery giant Lotte Confectionery Co has announced its plans to invest US$85mn in its first Russian confectionery plant. While the company has been present in the... 2008-06-12

South Korean confectionery giant Lotte Confectionery Co, a unit of local conglomerate Lotte Group, announced two strategic investments in late May as it continues its bid to expand... 2008-05-28

The South Korean subsidiary of UK grocery retail behemoth Tesco, Samsung Tesco, is to acquire the 36-outlet-strong Homever discount chain from rival retailer E-Land Group in a deal... 2008-05-15