• KOSPI

    2,419.92 24.73 (+1.03%)
  • KOSDAQ

    846.56 17.17 (+2.07%)
  • Dollar/Won

    1,077.20 0.00 (0.00%)
증권시황 정보 열기
Home > Biz&Company

S. Korea’s GS Retail to establish logistics company next year

2017.11.10 15:54:18 | 2017.11.10 15:54:38
  • print
  • email
  • facebook
  • twitter
  • share
GS Retail Co., a retail unit of South Korean conglomerate GS Group, will establish a logistics arm in January to facilitate distribution to its retail outlets.

Its board on Thursday approved a plan to set up GS Networks. Previously a business division of GS Retail has been in charge of distribution to retailers GS25 convenience stores, GS Supermarkets and GS Fresh online shopping mall.

A separate entity would be established to add expertise and competitiveness, an unnamed GS Retail official said. GS Retail will fully own the new company.

By Lee Yoo-jin and Lee Ha-yeon

[ⓒ Pulse by Maeil Business News Korea & mk.co.kr, All rights reserved]

ad

weather

  • Seoul Mon 19 February 2018
  • MON

    -1.0℃

Get Newsletters