Retail Regulation in South Korea: The NoBrand Case
Abstract
:1. Introduction
2. Literature Review
Retail Policy
3. Method
4. NoBrand’s Background
4.1. History of Emart
4.2. PB Definition
4.3. Birth of NoBrand
4.4. NoBrand’s Competitive Advantage Based on the Supply Chain Model (SCM)
5. Korean Retail Industry
5.1. Retail Industry
5.2. Government Regulations
5.3. Strategic Issues
6. Discussion: Retail Regulation, NoBrand, and Open Innovation
7. Conclusions
7.1. Implication: Theoretical and Practical Value of This Research
7.2. Limits and Future Research Topic
Funding
Institutional Review Board Statement
Informed Consent Statement
Data Availability Statement
Conflicts of Interest
Appendix A
References
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2003 | 2005 | 2007 | 2009 | 2010 | |
---|---|---|---|---|---|
Traditional market | 1695 | 1660 | 1610 | 1550 | 1517 |
SSM | 234 | 267 | 354 | 660 | 866 |
2006 | 2012 | 2017 | |
---|---|---|---|
Traditional Markets | 27.2% | 11.5% | 10.5% |
Large Retailers | 24% | 25.7% | 15.7% |
Online Sellers | 18% | 20.5% | 28.5% |
Name of Branch | Distance to Nearby NoBrand Store(s) | Status as of April 2019 |
---|---|---|
Incheon Macheon | 15 m | Taken by headquarters, in business |
Gyeonggi Pyeongtaek Jungang | 80 m | Closed |
Incheon Cheongnabom | 180 m | Taken by headquarters, in business |
Ulsan Seongnam | 70 m, 150 m | In business |
Ulsan Hyundai | 250 m | In business |
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Cha, J.; Cho, Y.; Yoon, Y.; Choi, S. Retail Regulation in South Korea: The NoBrand Case. J. Open Innov. Technol. Mark. Complex. 2021, 7, 57. https://doi.org/10.3390/joitmc7010057
Cha J, Cho Y, Yoon Y, Choi S. Retail Regulation in South Korea: The NoBrand Case. Journal of Open Innovation: Technology, Market, and Complexity. 2021; 7(1):57. https://doi.org/10.3390/joitmc7010057
Chicago/Turabian StyleCha, Jiyoon, Yeonsoo Cho, Youngjin Yoon, and Seungho Choi. 2021. "Retail Regulation in South Korea: The NoBrand Case" Journal of Open Innovation: Technology, Market, and Complexity 7, no. 1: 57. https://doi.org/10.3390/joitmc7010057
APA StyleCha, J., Cho, Y., Yoon, Y., & Choi, S. (2021). Retail Regulation in South Korea: The NoBrand Case. Journal of Open Innovation: Technology, Market, and Complexity, 7(1), 57. https://doi.org/10.3390/joitmc7010057