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Fri, April 27, 2018 | 00:26

Biz & Tech > Light industries >

Offline retailers forced to close shops

Lotte Department Store is planning to sell its Anyang branch, a first for the country's top department store chain to completely sell a shop. As shoppers shift from offline to online, it is considering similar plans for other underperforming branches, leading to speculation Korea may also soon witness the closedowns of brick-and-mortar shops as seen in other developed countri...

Light industries | 2018-04-26 17:39

Home plus introduces Roncadin Pizza at online mall

Amid explosive growth of the frozen pizza market, the country's leading retail outlet operator Home plus has joined the battle with pizza sourced from Italy.

Light industries | 2018-04-26 16:23

KOGAS to use distribution stations as hydrogen car charging infrastructure

PYEONGTAEK, Gyeonggi Province _ Korea Gas Corp. (KOGAS) said Wednesday the state-run liquefied natural gas (LNG) provider will use its gas distributing stations across the country as charging stations for hydrogen cars.

Light industries | 2018-04-26 16:03

Chinese retailer to buy 21 Lotte Marts in Beijing

Lotte has decided to sell 21 of its stores in the Beijing metropolitan area to a local Chinese retailer named Wumart Stores for 248.5 billion won ($231 million). Lotte Shopping, running the Korean conglomerate’s department stores and discount chains, said Thursday the company’s board members agreed on the plan to sell the Lotte Mart outlets in China during an emergency meetin...

Light industries | 2018-04-26 13:59

Dongsuh Foods opens 'Maxim Plant' for coffee aficionados

Dongsuh Foods is opening a cultural center for coffee lovers where they can find happiness with a cup of coffee.

Light industries | 2018-04-25 16:20

Court denies Dyson's request to stop LG vacuum cleaner ad

A Seoul court on Wednesday turned down an injunction request by British home appliance maker Dyson attempting to stop an advertisement for a cordless vacuum cleaner produced by South Korea's LG Electronics Inc. for overrating its functions. Dyson filed for the injunction last November, claiming that LG had exaggerated the suction power of premium cordless vacuum cleaner Code ...

Light industries | 2018-04-25 14:41

[EXCLUSIVE] ST Unitas blasted for worker's suicide

The nation's largest education service firm ST Unitas came under fire for forcing one of its employees to work excessively long hours, leading her to commit suicide.

Light industries | 2018-04-23 16:51

CJ, Lotte, Megabox accused of collusion

The People's Solidarity for Participatory Democracy said Monday it reported CJ CGV, Lotte Cinema and Megabox to the Fair Trade Commission (FTC) over allegations the cinema chains colluded to fix the prices of movie tickets. The civic group urged the nation's antitrust watchdog to investigate the country's top three multiplex operators as soon as possible, saying the three com...

Light industries | 2018-04-23 16:01

Songdo set to attract global biopharmaceuticals

The Incheon Free Economic Zone (IFEZ) Authority said Monday it recently held the Global Bio Hub Symposium at Songdo Convensia to sign agreements with academic and research institutes in the Songdo International Business District (IBD) for the successful development of the district's bio industry.

Light industries | 2018-04-23 15:04

Celltrion's Truxima wins approval in Australia

Celltrion said Sunday it has recently won approval from the Australia's Therapeutic Goods Administration for the sale and marketing of Truxima, the Korean biopharmaceutical firm's cheaper biosimilar copy of Rituxan which was developed by Biogen and marketed by Roche.

Light industries | 2018-04-22 17:00

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Missile attack on Syria