The future of Ministop convenience chain in South Korea has finally been decided. Over the last few years, uncertainty around its ownership has surfaced a number of times, for example in 2018 and last year . Lotte beats Shinsegae to acquire Ministop  According to Inside Retail, Lotte Group, which operates the third largest convenience chain 7-Eleven in South Korea, has acquired Minis...

The South Korean conglomerate, which owns convenience retail chain Emart24, has joined the race to acquire the country’s fifth largest convenience store chain, Ministop (owned by Aeon Japan). Gives Emart24 a chance to catch up with rival 7-Eleven According to The Korea Times , Emart24 is the only convenience store operator that joined the tender along with local private equity funds An...

Lotte, one of the country’s main grocery retail chains, has launched Project Zero, with the aim of using alternative sweeteners to produce sugar-free products. Sugar-free has become a mainstream trend According to Korea Bizwire, COVID-19 has heightened people’s interest in health and wellness. Food companies and retailers are increasingly looking to use alternative sweeteners to reduce the ...