Hyundai Department Store: A Pillar of South Korean Retail
In the competitive landscape of South Korean commerce, Hyundai Department Store stands as a titan of the retail industry. As one of the three largest department store chains in the country—alongside Lotte and Shinsegae—it represents a cornerstone of the nation's shopping culture. Operated by the Hyundai Department Store Group, this public company has built a legacy of excellence that spans over five decades.
Since its founding in 1971, the company has evolved from a local retailer into a massive enterprise listed on the Korea Exchange (KRX: 069960). Today, it manages a diverse portfolio of flagship department stores, regional branches, and premium outlets across South Korea and is even expanding its footprint into international markets.
Key Facts
- Founded: 1971 (55 years of operation)
- Parent Company: Hyundai Department Store Group
- Industry: Retail
- Stock Symbol: KRX : 069960
- Headquarters: Seoul, South Korea
- Major Markets: Seoul Metropolitan Area, Yeongnam Region, and Hoseo Region
A Nationwide Presence: Store Locations
Hyundai Department Store maintains an extensive network of locations, ensuring accessibility for shoppers across various regions of South Korea. Their presence is most concentrated in the Seoul Metropolitan Area, but they maintain significant holdings in the south as well.
Seoul Metropolitan Area
The capital region hosts the most diverse array of stores, ranging from high-end flagship locations to specialized shopping centers.
- Apgujeong Main Store: Located in Gangnam-gu, Seoul.
- World Trade Center Store: Located in Gangnam-gu, Seoul.
- Cheonho Store: Located in Gangdong-gu, Seoul.
- Sinchon Store: Includes the Main Building and U-PLEX in Seodaemun-gu, Seoul.
- Mia Store: Located in Seongbuk-gu, Seoul.
- Mokdong Store: Located in Yangcheon-gu, Seoul.
- Jungdong Store: Located in Wonmi-gu, Bucheon, Gyeonggi-do.
- Kintex Store: Located in Ilsanseo-gu, Goyang, Gyeonggi-do.
- Pangyo Store: Located in Bundang-gu, Seongnam, Gyeonggi-do.
- The Hyundai Seoul: The flagship store located at Parc one in Yeouido-dong, Seoul.
Regional and Outlet Locations
Beyond the capital, the group serves the Yeongnam and Hoseo regions, providing high-quality retail experiences to local populations.
- Yeongnam Region: Includes stores in Ulsan (Ulsan Store and Ulsan Dong-gu Store), Busan (Busan Store), and Daegu (Daegu Store).
- Hoseo Region: Includes the Chungcheong Store in Heungdeok-gu, Cheongju.
- Outlet Stores: The group operates several specialized outlets, including Premium Outlets in Gimpo and Songdo, and City Outlets in Dasan and Dongdaemun.
International Expansion
Hyundai Department Store is currently looking beyond South Korean borders. A significant milestone in its global strategy is the planned opening of the Omotesando Store in Tokyo, Japan, which is scheduled to open in 2026.
Company Overview Summary
| Category | Details |
|---|---|
| Native Name | 주식회사 현대백화점 |
| Type | Public |
| Traded As | KRX : 069960 |
| Industry | Retail |
| Founded | 1971 |
| Headquarters | Seoul, South Korea |
Frequently Asked Questions
Which are the largest department store chains in South Korea?
The three largest chains in the country are Hyundai Department Store, Lotte Department Store, and Shinsegae.
Where is the flagship Hyundai Department Store located?
The flagship store is The Hyundai Seoul, located at Parc one in Yeouido-dong, Seoul.
Is Hyundai Department Store expanding internationally?
Yes, the company is planning to open an Omotesando Store in Tokyo, Japan, in 2026.
Does Hyundai Department Store operate outlet malls?
Yes, they operate several outlets, including Premium Outlets in Gimpo and Songdo, and City Outlets in Dasan and Dongdaemun.
How long has Hyundai Department Store been in business?
Founded in 1971, the company has been operating for 55 years.