Tag: Shinsegae Group

Shinsegae Group

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Shinsegae bets $1 billion on Warner Bros. Discovery

The retail group is joining Paramount Skydance and RedBird Capital Partners in a $1 billion investment tied to Paramount's Warner Bros. Discovery takeover.

2026.10.6

Three men in suits pose beside a U.S. flag and event sponsor backdrop.

Shinsegae chairman attends U.S. AI, semiconductor Foundry School launch

Shinsegae chairman Chung Yong-jin attended the State Department’s Foundry School launch as the group expands its Korea-U.S. data center partnership.

2026.9.4

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Starbucks Korea freezes summer event as heat over Tank Day lingers

The coffee chain is offering 15 million free drink coupons after a boycott-linked sales drop and mounting losses following its Tank Day controversy.

2026.7.13

A Starbucks store in Seoul on June 1 [YONHAP]

Starbucks Korea offers full prepaid card refunds amid brewing consumer boycott

Starbucks Korea, operated by local conglomerate Shinsegae Group's subsidiary SCK Company, will offer unconditional refunds of Starbucks prepaid card balances for about two weeks from Monday to June 14.

2026.6.1

Starbucks Korea is in hot water over its 'Tank Day' promo. Why?

Starbucks Korea’s controversial “Tank Day” promotion ended shortly after it was accused of using inappropriate language referring to the May 18 Gwangju Democratization Movement and the military dictatorship.

2026.5.19

Shinsegae Group Chairman Chung Yong-jin, second from right in front, visits Starfield Village Unjeong, a shopping complex in Paju, Gyeonggi, on Jan. 16 in this photo provided by Shinsegae on Jan. 19. [SHINSEGAE]

Shinsegae Group chairman visits newly opened Starfield Village mall in Paju

Shinsegae Group Chairman Chung Yong-jin visited a newly opened Starfield Village shopping complex in Paju, Gyeonggi, last week as part of efforts to bolster customer-focused operations, the company said on Monday.

2026.1.19

Shinsegae Group Chairman Chung Yong-jin [JOONGANG ILBO]

Shinsegae Group chairman to attend Christmas dinner hosted by U.S. vice president

Shinsegae Group Chairman Chung Yong-jin will attend a Christmas dinner hosted by U.S. Vice President JD Vance, the company said Friday.

2025.12.12

Emart Q2 net loss narrows on cost savings

Emart's second quarter net loss decreased significantly due to cost-saving measures and improved operating profit.

2025.8.12

Shinsegae chair Chung Yu-kyung to acquire mother's 10% stake

Lee Myung-hee will transfer her entire 10.21 percent stake in Shinsegae Group to her daughter, Chung Yu-kyung, the current chair of Shinsegae, further advancing a planned succession.

2025.4.30

Shinsegae Group Chairman Chung Yong-jin, left, will buy mother Lee Myung-hee's entire 10 percent stake in Emart for 214.8 billion won. [YONHAP]

Shinsegae chairman to buy mother's entire Emart stake for $147 million

Shinsegae Group Chairman Chung Yong-jin will buy his mother’s entire 10 percent stake in group affiliate Emart ahead of the retail giant’s previously announced split into two different entities for its supermarket and department store divisions.

2025.1.10