South Korea’s CU fined US$1.4 million for unfair trading
South Korean convenience-store operator BGF Retail has been fined for pushing exorbitant sales promotion costs onto its suppliers.
The firm was ordered to pay...
Convenience stores in South Korea outperform supermarkets
The slump in fortunes at large discount stores is continuing and the growth of convenience stores in South Korea is accelerating in line...
Inter Ikea names new leader as long-term CEO steps down
Inter Ikea group chief executive Torbjörn Lööf announced on Tuesday he would step down from leading the furniture business after seven years at...
