Tesco in Korea: regulation and retail change

Woohyoung Kim, Alan George Hallsworth

Research output: Contribution to journalArticlepeer-review

1772 Downloads (Pure)

Abstract

In South Korea, rising resistance has slowed the advance of global retailer Tesco to the advantage of traditional shopping locations. In 2013, Tesco claimed that retrospectively-applied Korean Sunday trading regulations reduced its trading there by 8 per cent. We utilised secondary sources and also conducted an empirical survey of 1,092 consumers in 22 Korean cities to assess reactions to this regulatory change and found evidence of spatial switching back to traditional locations. Our Korean respondents supported the new Sunday trading restraint. Such an outcome would not be expected in those Western countries where further liberalisation is still promoted. Also, the poor trading figures announced by Tesco-Homeplus in 2013 imply that Homeplus never fully adjusted to the Korean market. Issues of society and culture continue to challenge commercial innovations: with spatial implications.
Original languageEnglish
Number of pages12
JournalTijdschrift voor Economische en Sociale Geografie
Early online date1 Mar 2015
DOIs
Publication statusPublished - 2015

Keywords

  • WNU
  • Retail internationalisation
  • Tesco
  • Sunday trading
  • Korea

Fingerprint

Dive into the research topics of 'Tesco in Korea: regulation and retail change'. Together they form a unique fingerprint.

Cite this