Shinsegae to open new DFS

By Administrator |

The Busan Shinsegae Company has announced a plan to build what it claims will be Asia's largest shopping complex in downtown Busan ? complete with an off airport duty free shop. President Koo Hak-su told

a press conference recently that the complex will comprise nearly 19 acres of land with 115 acres of total floor space and will include residential units and entertainment facilities.
He said that in 2006 the company will invest more than W.1trillion ($963m) on the site which is referred to as the Shinsegae Centum City Urban Entertainment Center.
The company says that the first phase of construction is scheduled to be complete by 2008 and will include a department store and a duty free shop, plus a cinema, a theatre, a food court and a golf driving range. The rest of the complex is scheduled to be open for business by 2011. The company already operates several department stores in Korea.


The Sustainability Pitch Session 1: Chilly's

TRBusiness is delighted to announce the first Sustainability Pitch session of Travel Retail...

Travel Retail Sustainability Week

TR Sustainability Week: Qatar Duty Free updates on reusable bags initiative

Thabet Musleh, Senior Vice President, Qatar Duty Free (QDF) has confirmed to TRBusiness that...


Blueprint hails True Gum GTR growth as brand gains B-Corporation status

Travel retail business development agency Blueprint is celebrating growing momentum for...

image description

In the Magazine

TRBusiness Magazine is free to access. Read the latest issue now.

E-mail this link to a friend