Seoul

Seoul-based LG Electronics Inc. is expanding its number of retail stores in emerging markets, according to MarketWatch. The number of LG brand shops will likely grow by as much 20 percent this year, the company said, as part of an effort to create a...

New York -- In its annual report filed Tuesday, Abercrombie & Fitch revealed that it plans to open Abercrombie & Fitch flagship stores in Seoul and Shanghai in 2013, as well as 20 international Hollister stores. The news sent the teen retailer’s shares...

New Albany, Ohio-based Abercrombie & Fitch Co. will close 40 to 50 U.S. stores in 2013. The majority of the store closures will occur through natural lease expirations. The company also expects to open Abercrombie & Fitch flagship locations in Seoul and...

-- /PRNewswire/ -- Benihana Inc. (NASDAQ: BNHN) ("Benihana" or the "Company"), operator of the nation's largest chain of Japanese theme and sushi restaurants, today announced the expiration of the "go-shop" period pursuant to the terms of the previously announced Agreement and Plan of Merger by and among the Company, Safflower Holdings Corp. and Safflower Acquisition Corp., dated as of May 22, 2012 (the "Merger Agreement"), pursuant to which Safflower Acquisition Corp. will be merged with and into the Company, and as a result the Company will continue as the surviving corporation and a wholly-owned subsidiary of Safflower Holdings

The discovery of radioactive tissue boxes at Bed, Bath & Beyond stores in January raised alarms among nuclear security officials and company executives over the growing global threat of contaminated scrap metal. While the U.S. home furnishing retailer recalled the boutique boxes from 200 stores nationwide without any reports of injury, the incident highlighted one of the topics drawing world leaders to a nuclear security meeting in Seoul on March 26.

Philadelphia-based Destination Maternity Corp. has opened two Destination Maternity stores and two in-store shops in South Korea. Located at 203-36 HwaJeon-dong, Dukyang-gu in the city of Koyang, and 1430 Dunsan-dong, Seo-gu, in the city of DaeJeon, the company's first Destination Maternity freestanding stores in South Korea were opened by partner Agabang & Co. In Seoul, Destination Maternity in-store shops, featuring Motherhood Maternity and A Pea in the Pod fashions, now can be found in the Nextmom store in the Youksam-dong section of Kangnam-gu and in the Nextmom Garden Five Mall location in the Moonjung-dong section of Songpa-gu. Destination Maternity