e-mart

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Machine tools e-mart
Public
Traded as KRX: 139480
Industry Retailing
Founded 1993; 31 years ago (1993)
Headquarters Seoul, South Korea
Number of locations
152 in South Korea,[1] 15 in China[2]
Area served
South Korea, China
Products Groceries, consumer goods,
Owner Lee Myung-Hee
Parent Shinsegae
Website machinetoolsemart.com
Located in the Republic of Korea E-Mart (Guangzhou Branch)

e-mart (Hangul이마트) is the largest retailer in South Korea. There were 140 stores across the country as of December 2012. It was founded on 12 November 1993 by Shinsegae as the first discount retailer in South Korea.[3]

E-Mart is the oldest and largest discount store chain in Korea with total sales volume exceeding US$9.4 billion in 2009. With new store openings and acquisition of Wal-Mart Korea in 2006, E-Mart is enjoying its retail leadership in the discount store market.[4] E-mart offers everything from food to clothes to diapers, and provides a very large variety of merchandise. E-mart has a website, where products can be bought or viewed online.[5]

E-Mart is the first Korean retailer to advance into China with the aim to become one of top leading global retailers. In January 2011, there were 27 stores in China.[6] By February 2014, however, China's store count shrunk to 13 stores.[7]

References

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  2. Lua error in package.lua at line 80: module 'strict' not found.
  3. 이마트‥국내1위 할인점 넘어 글로벌기업 도약 -hankyung, 2007-04-16
  4. 〈초점〉국내에도 곧 「가격파괴」 바람 일 듯 - yonhapnews, 1994-10-01
  5. http://emart.ssg.com/main.ssg
  6. 易买得
  7. Lua error in package.lua at line 80: module 'strict' not found.

External links

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