GS Retail Co Ltd (GS Retail) is an operator of convenience stores, supermarkets, malls, hotels and discount stores, and department stores. The company’s major product portfolio consists of meat products, fish, grocery, food products, fruits and vegetables, household items, bakery products, and beverages. It also offers health, beauty, fashion accessories, clothing, home appliances, household items and leasing services. GS Retail market its products through TV home shopping, department stores, discount stores and e-commerce portals. The company operates its stores under GS25, GS Supermarkets, GS Mart, GS25, GS Supermarket, and Lalavla and GS Square banners. GS Retail is headquartered in Seoul, South Korea.

Headquarters South Korea

Address 508, Nonhyeon-Ro, Gangnam-Gu, GS Tower, Seoul, 06141


No of Employees 8,830

Industry Retailing

Ticker Symbol & Exchange 007070 (KRX)

Revenue (2020) $8.5B 10.2% (2020 vs 2019)

EPS XXX

Net Income (2020) XXX 384% (2020 vs 2019)

Market Cap* $1.9B

Net Profit Margin (2020) XXX 339.5% (2020 vs 2019)

   

* As of and is in US$

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Products and Services

Products Services Brands
Meat Products Media Services GS25
Fish Advertising Services GS Mart
Grocery Delivery Services Lalavla
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History

History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.

Year Event Description
2022 Business / Operations Closure In August, the company announced to close its Lalavla outlets.
2022 New Products/Services In July, the company developed a new blockchain-based product information service called B-Link.
2022 Contracts/Agreements In July, the company signed a MoU with Malaysia's KK Group to open its first GS25 convenience store in the Southeast Asian country.
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Competitor Comparison

Key Parameters GS Retail Co Ltd Lotte Shopping Co Ltd Shinsegae Inc Hyundai Department Store Co Ltd Buy the Way
Headquarters South Korea South Korea South Korea South Korea South Korea
City Seoul Seoul Seoul Seoul Seoul
State/Province - Seoul - - -
No. of Employees 8,830 26,030 3,439 2,412 -
Entity Type Public Public Public Public Private
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Executives
Name Position Board Since Age
Seung Jo Huh Vice Chairman Executive Board 2016 71
Yeon Su Huh Chief Executive Officer Senior Management - -
Yong Gu Gwak Assistant Managing Director Senior Management - 47
Jin Seok Oh Managing Director Senior Management 2019 55
Byeong Hun Ahn Assistant Managing Director Senior Management - 52
Non Dignissim Eros Proin vel Convallis 2022 XX
Non Dignissim Eros Proin vel Convallis 2022 XX
Non Dignissim Eros Proin vel Convallis 2022 XX
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