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Shinsegae Centum City, Busan, Korea: The World
Shinsegae Centum City, Busan, Korea: The World's Largest Department Store
Published: 2014/09/09
Channel: Steve Howard
THE WORLD
THE WORLD'S LARGEST DEPARTMENT STORE! SHINSEGAE - CENTUM CITY
Published: 2016/07/07
Channel: Annie&Iggy
G-Dragon x Shinsegae Duty Free [New Now]
G-Dragon x Shinsegae Duty Free [New Now]
Published: 2016/09/07
Channel: Juan'Ka Pe'
Shinsegae Centum City Vacation Travel Guide | Expedia
Shinsegae Centum City Vacation Travel Guide | Expedia
Published: 2015/03/09
Channel: Expedia
Walk through of Shinsegae Department Store (Main Store Building) in Myeongdong, Seoul, South Korea
Walk through of Shinsegae Department Store (Main Store Building) in Myeongdong, Seoul, South Korea
Published: 2014/04/23
Channel: The Seoul Guide
[CF 2016]Jun Jihyun - Shinsegae Duty Free
[CF 2016]Jun Jihyun - Shinsegae Duty Free 'I'm the World'
Published: 2016/07/01
Channel: JunJihyun Thailand
GD x Shinsegae Duty Free Making
GD x Shinsegae Duty Free Making
Published: 2016/09/15
Channel: andrea c.a
Extreme Prices ๐Ÿ’ฐ at Korean Department Store in Seoul, Korea ๐Ÿ‡ฐ๐Ÿ‡ท
Extreme Prices ๐Ÿ’ฐ at Korean Department Store in Seoul, Korea ๐Ÿ‡ฐ๐Ÿ‡ท
Published: 2017/01/29
Channel: Feed The Cory
12fly TV - Yumi Wong at Shinsegae Department Store Centum City
12fly TV - Yumi Wong at Shinsegae Department Store Centum City
Published: 2013/09/04
Channel: 12FLY TV
iKON Bobby x Junhoe SHINSEGAE CF
iKON Bobby x Junhoe SHINSEGAE CF
Published: 2016/10/24
Channel: ์ •๋‹ค๋ผ
SHINSEGAE DUTY FREE (Special Video GD ver.)
SHINSEGAE DUTY FREE (Special Video GD ver.)
Published: 2016/05/17
Channel: ํ•‘๋„.
ALL NEW SHINSEGAE ์‹ ์„ธ๊ณ„๊ฐ•๋‚จ์ 
ALL NEW SHINSEGAE ์‹ ์„ธ๊ณ„๊ฐ•๋‚จ์ 
Published: 2016/03/29
Channel: SHINSEGAE Official
Shinsegae Department Store Centum City (์‹ ์„ธ๊ณ„๋ฐฑํ™”์  ์„ผํ…€์‹œํ‹ฐ์ )
Shinsegae Department Store Centum City (์‹ ์„ธ๊ณ„๋ฐฑํ™”์  ์„ผํ…€์‹œํ‹ฐ์ )
Published: 2015/02/02
Channel: Dynamic Busan (๋ถ€์‚ฐ/๋ถ€์‚ฐ์‹œ/๋ถ€์‚ฐ๊ด‘์—ญ์‹œ/Busan City Official)
KOREA TRIP VLOG DAY 1&2 | ARRIVING TO SEOUL, MYEONG-DONG, SHINSEGAE FOOD COURT
KOREA TRIP VLOG DAY 1&2 | ARRIVING TO SEOUL, MYEONG-DONG, SHINSEGAE FOOD COURT
Published: 2016/10/21
Channel: jiayibae
Vlog; SNU and SHINSEGAE (์‹ ์„ธ๊ณ„๋ฐฑํ™”์ )
Vlog; SNU and SHINSEGAE (์‹ ์„ธ๊ณ„๋ฐฑํ™”์ )
Published: 2017/03/18
Channel: Shamsaldhaheri
WALK WITH ME - BIGGEST MALL IN SOUTH KOREA [ SHINSEGAE] - DAEGU
WALK WITH ME - BIGGEST MALL IN SOUTH KOREA [ SHINSEGAE] - DAEGU
Published: 2017/01/24
Channel: Todo Hangug
[CF 2016] Jun Jihyun - Shinsegae Duty Free CF MAKING FILM
[CF 2016] Jun Jihyun - Shinsegae Duty Free CF MAKING FILM
Published: 2016/07/21
Channel: JunJihyun Thailand
STYLENANDA  IN BUSAN  SHINSEGAE CENTUM CITY MALL
STYLENANDA IN BUSAN SHINSEGAE CENTUM CITY MALL
Published: 2016/04/06
Channel: STYLENANDA
Shinsegae Duty Free
Shinsegae Duty Free's Mirror Carousel
Published: 2016/11/18
Channel: Stanly M
HUGE MALL l Shinsegae l Korea l (Vlog #15)
HUGE MALL l Shinsegae l Korea l (Vlog #15)
Published: 2016/09/11
Channel: JustYoon
Shinsegae hanam & starfield
Shinsegae hanam & starfield
Published: 2016/09/05
Channel: elTOV Korea
Shinsegae Department Store...the largest in the world!
Shinsegae Department Store...the largest in the world!
Published: 2013/08/06
Channel: jonkarenkorea
CHROME HEARTS X SHINSEGAE PARTY
CHROME HEARTS X SHINSEGAE PARTY
Published: 2013/08/23
Channel: YiiNG Tana
Shinsegae opens duty-free store in Seoul on Wednesday
Shinsegae opens duty-free store in Seoul on Wednesday
Published: 2016/05/18
Channel: ARIRANG NEWS
Shinsegae opens duty-free store in Seoul on Wednesday
Shinsegae opens duty-free store in Seoul on Wednesday
Published: 2016/05/18
Channel: ARIRANG NEWS
[BTS] GDRAGON - Shinsegae Duty Free CF
[BTS] GDRAGON - Shinsegae Duty Free CF
Published: 2016/05/29
Channel: unknown me
#2 South Korea | Corรฉia do Sul | Busan, Sea Life, Shinsegae
#2 South Korea | Corรฉia do Sul | Busan, Sea Life, Shinsegae
Published: 2016/10/15
Channel: Carol Pafiadache
Korea Trip Vlog #1: Nampodong, Jagalchi Market, Shinsegae Mall Busan
Korea Trip Vlog #1: Nampodong, Jagalchi Market, Shinsegae Mall Busan
Published: 2016/10/31
Channel: filzywilzy
130607 2NE1 LOVES SHINSEGAE CF  2NE1 X Chrome Hearts)
130607 2NE1 LOVES SHINSEGAE CF 2NE1 X Chrome Hearts)
Published: 2013/06/07
Channel: tueniuan
[Thai-Sub] - BEAST Shinsegae CF
[Thai-Sub] - BEAST Shinsegae CF
Published: 2013/07/06
Channel: VIPB2STYSUB
Shinsegae Department Store
Shinsegae Department Store
Published: 2015/03/03
Channel: run@seoul
G-Dragon Shinsegae duty free(160514) cf
G-Dragon Shinsegae duty free(160514) cf
Published: 2016/05/13
Channel: Miracle Xvip
Arabic sub ู…ุชุฑุฌู… - G-DRAGON in Shinsegae Duty Free Shop.
Arabic sub ู…ุชุฑุฌู… - G-DRAGON in Shinsegae Duty Free Shop.
Published: 2016/06/13
Channel: SARA BIG BANG
Centum City,Busan (SHINSEGAE Mall)
Centum City,Busan (SHINSEGAE Mall)
Published: 2016/10/10
Channel: Alcova Travels
G-Dragon x Shinsegae Duty Free [FULL HD]
G-Dragon x Shinsegae Duty Free [FULL HD]
Published: 2016/05/18
Channel: GothikQueen
iKON CHANWOO SHINSEGAE DUTY FREE
iKON CHANWOO SHINSEGAE DUTY FREE
Published: 2016/12/09
Channel: Just June
Gangnam Express Bus Terminal, Shinsegae Dept. Store(Gangnam), JW Marriott Hotel
Gangnam Express Bus Terminal, Shinsegae Dept. Store(Gangnam), JW Marriott Hotel
Published: 2012/09/01
Channel: In Seok Jeong
iKON TV (ep.42) - ๊น€ํ•œ๋นˆ For Shinsegae Duty Free
iKON TV (ep.42) - ๊น€ํ•œ๋นˆ For Shinsegae Duty Free
Published: 2016/12/23
Channel: LuckyAndHappy Channel
The Moodie Davitt Store Watch: Shinsegae Duty Free, Seoul
The Moodie Davitt Store Watch: Shinsegae Duty Free, Seoul
Published: 2016/11/23
Channel: The Moodie Davitt Report
Visiting Daegu Shinsegae Department Store! - jiwoong Tourmate
Visiting Daegu Shinsegae Department Store! - jiwoong Tourmate
Published: 2017/01/16
Channel: Korea Travel with Locals by MYTM
G-Dragon  Shinsegae Preview (20160511)
G-Dragon Shinsegae Preview (20160511)
Published: 2016/05/11
Channel: BigBangBraziI
iKON X SHINSEGAE DUTY FREE
iKON X SHINSEGAE DUTY FREE
Published: 2017/05/18
Channel: Just June
Shinsegae Department Store Christmas Display
Shinsegae Department Store Christmas Display
Published: 2014/12/19
Channel: visitkorea
Coco Rocha for Shinsegae
Coco Rocha for Shinsegae
Published: 2012/03/12
Channel: Coco Rocha
Shinsegae - Korean Department Store
Shinsegae - Korean Department Store
Published: 2010/12/12
Channel: esloutlet
iKON x SHINSEGAE 1st Anniversary
iKON x SHINSEGAE 1st Anniversary
Published: 2017/05/12
Channel: Just June
[CF 2016] Jun Jihyun - Shinsegae Duty Free CF Making
[CF 2016] Jun Jihyun - Shinsegae Duty Free CF Making
Published: 2016/07/07
Channel: JunJihyun Thailand
Brownbreath [Groundwork] @shinsegae Gangnam
Brownbreath [Groundwork] @shinsegae Gangnam
Published: 2011/03/22
Channel: Brown breath
TOUR KOREA (SHINSEGAE-WORLD
TOUR KOREA (SHINSEGAE-WORLD'S LARGEST DEPARTMENT STORE) | RicardusDelicious
Published: 2013/12/03
Channel: CHARDIE BLUE
Shinsegae 2011 AD Campaign with Steven Meisel Behind The Scene
Shinsegae 2011 AD Campaign with Steven Meisel Behind The Scene
Published: 2011/01/24
Channel: SHINSEGAE Official
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WIKIPEDIA ARTICLE

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Shinsegae Department Co., Ltd.
์ฃผ์‹ํšŒ์‚ฌ ์‹ ์„ธ๊ณ„
ๆ ชๅผๆœƒ็คพๆ–ฐไธ–็•Œ
Chaebol
Industry Retail
Founded 1955; 62 years ago (1955)
Headquarters 63 Sogong-ro, Jung-gu, Seoul, South Korea
Area served
South Korea
Key people
Lee Myung Hee, (Chairman)
Chung Yong-jin,
(CEO and Vice Chairman)
Revenue KRW 1,430,6 billion (2011)[1]
KRW 213,9 billion (2011)[1]
KRW 3,381,9 billion (2011) [1]
Total assets KRW 370 billion (2011) [1]
Total equity KRW 1,910,2 billion (2011)[1]
Subsidiaries E-mart
Website Shinsegae English

Shinsegae (Korean: ์‹ ์„ธ๊ณ„, KRX: 004170) is a South Korean department store franchise, along with several other businesses, headquartered in Seoul, South Korea. The name of Shinsegae literally means "New World" in Korean. Its flagship store in Centum City, Busan, is the world's largest department store, surpassing Macy's flagship Herald Square in New York City in 2009.[2]

Shinsegae was originally part of the Samsung Group chaebol, separated in the 1990s from the Samsung Group along with CJ Group (Food/Chemicals/Entertainment), Saehan Group (Electronic Media/Apparel/Textiles), and the Hansol Group (Paper/Telecom). The chairman Lee Myung-hee is the daughter of Samsung founder Lee Byung-chull and younger sister of the chairman of Samsung Electronics Lee Kun-hee.

The group owns the brands Shinsegae and E-Mart, and is in direct competition with Lotte Shopping and Hyundai Department Store Group. Currently it is the largest retailer in South Korea.[3]

Shinsegae is also famous for its long history. The main branch of Shinsegae is the oldest department store in Korea. The main building of the store was opened in 1930 as the Gyeongseong branch of Mitsukoshi, a Japanese department store franchise; Korea was occupied by the Japanese Empire at the time. The store was acquired in 1945 by the late founder of Samsung group, Lee Byung-chull, and renamed Donghwa Department Store. After the Korean War (1950โ€“1953) began, it was used for several years as a post exchange by the American army. In 1963, the store was given the name Shinsegae.[4] The old building is currently used as a luxury shopping venue.

Shinsegae was the first credit card company in South Korea. They issued its own charge card from 1967 to 2000. In 2000, Shinsegae sold its credit card division to KorAm Bank, which was later acquired by Citibank Korea.

Stores[edit]

Main store in Seoul
Main store in Seoul in the Japanese Colonial period, when it was a branch of Tokyo's Mitsukoshi
Busan branch, world's largest department store
Gwangju branch
  • Main Store (Main Building & New Building) (๋ณธ์  ๋ณธ๊ด€, ์‹ ๊ด€) in Jung-gu, Seoul
  • Gangnam Store (Main Building & New Building) (๊ฐ•๋‚จ์  ๋ณธ๊ด€, ์‹ ๊ด€) in Seocho-gu, Seoul the express bus terminal, flagship store turn-over 1billion USD per year top sales store of Shinsegae \x
  • Yeongdeungpo Store (Building A, Building B & Luxury Hall) (์˜๋“ฑํฌ์  A๊ด€, B๊ด€, ๋ช…ํ’ˆ๊ด€) in Times Square, Yeongdeungpo-gu, Seoul
  • Incheon Store (์ธ์ฒœ์ ) in Nam-gu, Incheon
  • Gyeonggi Store (๊ฒฝ๊ธฐ์ ) in Suji-gu, Yong-in, Gyeonggi-do (Changed its name from Jukjeon Store on October 26, 2009)
  • Shinsegae Centum City (์‹ ์„ธ๊ณ„ ์„ผํ…€์‹œํ‹ฐ) in Centum City, Hae-undae-gu, Busan (the world's largest department store)[5][6]
  • Masan Store (๋งˆ์‚ฐ์ ) in Masan-Happo-gu, Changwon, Gyeongsangnam-do
  • Gwangju Shinsegae (๊ด‘์ฃผ์‹ ์„ธ๊ณ„, KRX: 037710) in Seo-gu, Gwangju
  • Chungcheong Store (์ถฉ์ฒญ์ ) in Dongnam-gu, Cheon-an, Chungcheongnam-do (Through a management alliance with Arario, owner of Yawoori Department Store, Shinsegae opened this branch in Cheon-an in the building once used as Galleria Cheon-an Store and Yawoori Department Store)
  • Uijeongbu Store (์˜์ •๋ถ€์ ) in Uijeongbu, Gyeonggi-do
  • Hanam Store (ํ•˜๋‚จ์ ) in Hanam, Gyeonggi-do
  • Gimhae Store (๊น€ํ•ด์ ) in Gimhae, Gyeongsangnam-do
  • Daegu Shinsegae (๋Œ€๊ตฌ์‹ ์„ธ๊ณ„) in Dongdaegu station, Daegu

Shinsegae also has a small branch in Incheon International Airport, and a supermarket in Dogok-dong, Gangnam-gu, Seoul.

Shinsegae has launched Shinsegae Style Market, a smaller shopping mall mainly aimed at young customers, in 2010. Despite its name, the mall is managed by Shinsegae's subsidiary E-Mart.

  • Seongnam Style Market in E-Mart Taepyeong branch, Seongnam, Gyeonggi-do
  • Daejeon Style Market in E-Mart Daejeon Terminal Complex branch, Dong-gu, Daejeon
  • Starfield Hanam shopping mall opened on 9th of Sept.,2016 460,000M2 indooe thema shopping mall, The 7th lasrgist shpping mall in the world, the top in S.Korea as of Sept,2016 with Megabox cinema, Yeongpoong book store, Shinsegae department store, Zara, H&M, Daiz,top10, Hansem, eletromart,emart traders(warehouse style), indoor water park and etopia food court as anchor tenant. Many luxury brand like Louis Vuitton, Prada,Gucci and Genesis and BMW CARS as well as Ioniq EV sop first time in shopping mall.

Planned[edit]

  • A fashion mall for youngsters in the building of Mesa, a defunct shopping mall right beside Shinsegae's main store in Jung-gu, Seoul
  • Shopping mall at Samsong, NW of Seoul new town is under construction
  • Boots UK

Defunct[edit]

  • Daegu Store (๋Œ€๊ตฌ์ ) in Jung-gu, Daegu (opened in 1973 and closed in December 1976)
  • Shinsegae Store Banpo (์‹ ์„ธ๊ณ„ ์Šคํ† ์–ด ๋ฐ˜ํฌ) in Gangnam-gu, Seoul (opened in 1974 and closed several years later)
  • Gyeongju Bomun Store (๊ฒฝ์ฃผ๋ณด๋ฌธ์ ) in Gyeongju, Gyeongsangbuk-do (opened in 1979 and closed several years later)
  • Dongbang Plaza Store (๋™๋ฐฉํ”Œ๋ผ์ž) in Jung-gu, Seoul (opened in 1982 and closed in 1996)
  • Cheonho Store (์ฒœํ˜ธ์ ) in Gangdong-gu, Seoul (closed in 2000, converted into E-Mart Cheonho Store)
  • Mia Store (๋ฏธ์•„์ ) in Seongbuk-gu, Seoul (closed in 2007, converted into E-Mart Mia Store)

Discount store[edit]

E-Mart (์ด๋งˆํŠธ) is a subsidiary of Shinsegae and a large discount store chain founded in South Korea, having stores in China and Korea. Domestically, E-Mart is the biggest discount store chain followed by Home Plus, owned by Samsung and Tesco, and Lotte Mart.

In late May 2006, Shinsegae revealed plans to buy all 16 of the Wal-Mart stores in Korea.[7] All of the country's Wal-Mart outlets were re-branded as E-Mart on October 2006. Wal-Mart exited the Korean market soon after.

Shinsegae spun off its E-Mart department into a separate corporation (KRX: 139480) in 2012. The shopping mall was acquired by E-Mart in January 2014.

Subsidiaries[edit]

Controversies[edit]

Shinsegae banned commercial images of actress Go Hyun-jung (๊ณ ํ˜„์ •) from their department stores following her divorce from vice chairman and CEO Chung Yong-jin.[8]

See also[edit]

References[edit]

External links[edit]

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