Shinsegae

Shinsegae Department Co., Ltd.
주식회사 신세계
株式會社新世界
Type	Public (Chaebol)
Traded as	KRX: 004170
Industry	Retail
Founded	1955; 69 years ago
Headquarters	63 Sogong-ro, Jung-gu, Seoul, South Korea
Area served	South Korea
Key people	Lee Myung-hee; (Chairman); Chung Yong-jin; (Vice Chairman); Kim Eun Myeong; (CEO)
Revenue	KRW 1,430,6 billion (2011)
Operating income	KRW 213,9 billion (2011)
Net income	KRW 3,381,9 billion (2011)
Total assets	KRW 370 billion (2011)
Total equity	KRW 1,910,2 billion (2011)
Subsidiaries	E-mart
Website	Shinsegae English

Shinsegae (Korean: 신세계, KRX: 004170) Shinsegae (Korean: 신세계, KRX: 004170) is an South Korean department store, along with many other businesses, headquartered in Seoul, South Korea. The name Shinsegae literally means "New World" in Korean. Its flagship store in Centum City, Busan, was the world's largest department store at 3,163,000 square feet (293,900 m²), surpassing Macy's flagship Herald Square in New York City in 2009.^[2]^[3]

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.^[4]

Shinsegae Media

Main store in Seoul in the Japanese Colonial period, when it was a branch of Tokyo's Mitsukoshi
Busan Shinsegae.jpg

Shinsegae, Busan*
Shinsegae Department Store in Seoul
Gwangju Shinsegae
SSG Food Market in Gangnam, Seoul.
대전 신세계백화점 건설 당시 모습
대전신세계의 노을
신세계, IBS, 한빛탑, 엑스포