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Korean retailers up to foreign challenge

Posted November. 29, 2000 13:32,   


Hwang Kyoung-Kyu, representative of E-mart of Shinsegae Department Store, is dubbed godfather of the Korean-style discount store in the retail sector. Hwang, who took charge of managing four E-mart stores in 1996, fostered the company as a giant business now having 27 stores for a yearly sale of 3 trillion won.