Emart
Emart Inc. (Korean: 주식회사 이마트) is the largest retailer in South Korea. It was founded on 12 November 1993, by Shinsegae, as the first discount retailer in South Korea. There were 160 stores across the country as of December 2016.
| Company type | Public |
|---|---|
Traded as | KRX: 139480 |
| Industry | Retailing |
| Founded | 1993 |
| Headquarters | Seoul , South Korea |
Number of locations | 178 in South Korea, 4 in Mongolia, 1 in Vietnam |
Area served | South Korea, Vietnam, Mongolia |
Key people | Kang Heui-seok (CEO) |
| Products | Groceries, consumer goods |
| Owner | Lee Myung-Hee |
| Parent | Shinsegae |
| Website | company.emart.com |
Emart is Korea's oldest and largest discount store chain, with a total sales volume exceeding US$9.4 billion in 2009. With new store openings and the acquisition of Walmart Korea in 2006, Emart enjoys its retail leadership in the discount store market. Emart offers everything from food to clothes to diapers and provides a huge variety of merchandise. Emart has a website where products can be bought or viewed online.
Emart is the first Korean retailer to open a retail store in China. In January 2011, there were 27 stores in China. By February 2014, China's store count shrunk to 13 stores.