Hyundai Department Store Group operates the Hyundai Department Store

Hyundai Department Store

Hyundai Department Store , together with Lotte Department Store and Shinsegae, is one of the three major department store chains in South Korea...

 chain of department stores in South Korea

South Korea

The Republic of Korea , , is a sovereign state in East Asia, located on the southern portion of the Korean Peninsula. It is neighbored by the People's Republic of China to the west, Japan to the east, North Korea to the north, and the East China Sea and Republic of China to the south...

. In addition, the group operates a range of service industry businesses. Subsidiary businesses include Hyundai Home Shopping and Hotel Hyundai.

Its major competitors are Lotte Department Store

Lotte Department Store

Lotte Department Store is a Korean retail company established in 1979, and headquartered in Sogong-dong, Jung-gu, Seoul, Korea. Lotte Department Store offers retail consumer goods and services and is one out of 8 business units of Lotte Shopping...

 and Shinsegae

Shinsegae

Shinsegae is a South Korean department store franchise, along with several other businesses, headquartering in Seoul, South Korea. The name of Shinsegae literally means "New World" in Korean...

.

The company began as KeumKang Development Industrial Co., Ltd., established in 1971. It opened its first store in Ulsan

Ulsan

Ulsan , officially the Ulsan Metropolitan City, is South Korea's seventh largest metropolis with a population of over 1.1 million. It is located in the south-east of the country, neighboring Busan to the south and facing Gyeongju to the north and the Sea of Japan to the east.Ulsan is the...

 in 1977. The flagship store, in the affluent Seoul

Seoul

Seoul , officially the Seoul Special City, is the capital and largest metropolis of South Korea. A megacity with a population of over 10 million, it is the largest city proper in the OECD developed world...

 neighborhood of Apgujeong

Apgujeong

Apgujeong-dong is a residential, fashion and shopping district in the Gangnam district of Seoul. The dong originates from a pavilion with the same name founded by Han Myeong-hoe , a high-ranking government officer during the Joseon dynasty...

, was opened in 1985.

Group families

• Hyundai Department Store
  Hyundai Department Store
  Hyundai Department Store , together with Lotte Department Store and Shinsegae, is one of the three major department store chains in South Korea...
  
  
• Hyundai F&G Holdings
• Hyundai Food Systems
• Hyundai Guhami
• Hyundai Nanumi
• Hyundai Exchange Holdings
• Hyundai Ethics
• Hyundai C&N Holdings
• Hyundai Home Shopping
• Hyundai H&S Holdings
• Hyundai Business Holdings
• Hyundai Dream Tour

See also

• Chaebol
  Chaebol
  Chaebol refers to a South Korean form of business conglomerate. They are global multinationals owning numerous international enterprises. The term is often used in a context similar to that of the English word "conglomerate"...
  
  
• List of South Korean retailers
• Economy of South Korea
  Economy of South Korea
  South Korea has a market economy which ranks 15th in the world by nominal GDP and 12th by purchasing power parity , identifying it as one of the G-20 major economies. It is a high-income developed country, with a developed market, and is a member of OECD...
  
  
• List of South Korean companies