July 27, 2017 5:29 AM ET

Food and Staples Retailing

Company Overview of Everyday Retail Co., Ltd.

Company Overview

Everyday Retail Co., Ltd. operates a chain of supermarkets in South Korea. Its supermarket offers variety of merchandises. The company operates 130 stores. It serves end users and corporates. The company also sells its products through Website, eclub.emarteveryday.co.kr. The company was formerly known as e-mart Super Co., Ltd. and changed its name to Everyday Retail Co., Ltd. in March 2012. The company was founded in 1974 and is headquartered in Seoul, South Korea. Everyday Retail Co., Ltd. operates as a subsidiary of E-Mart Inc.

173 Twegyero Joonggu

Seoul,  134-070

South Korea

Founded in 1974


82 2 380 5153


82 2 380 5789

Key Executives for Everyday Retail Co., Ltd.

Everyday Retail Co., Ltd. does not have any Key Executives recorded.

Everyday Retail Co., Ltd. Key Developments

Kim’s Club Sell-Off Draws Reportedly About 10 Bidders From Home And Abroad

E.LAND Co., Ltd. has received reportedly preliminary tenders for Everyday Retail Co., Ltd. (Kim’s Club). Race for Kim’s Club, up for grabs for up to KRW 1 trillion has kicked off. According to the store seller E-Land Group and industry sources, about 10 bidders including KKR & Co. L.P. (NYSE:KKR) and Affinity Equity Partners handed in their preliminary tenders. None of retail giants Shinsegae International Co., Ltd. (KOSE:A031430), Lotte Confectionery Co. Ltd. (KOSE:A004990) and Hyundai Department Store Co., Ltd. (KOSE:A069960) bid. GSRetail Co., Ltd. (KOSE:A007070) is said to have backed down at the last minute. E-Land is expected to announce the shortlisted candidates on February 22, 2016. KKR was reattempting for synergy effect. Affinity Equity Partners separately bid for Kim`s club. Yulchon LLC and Samjong KPMG LLC are advising E-Land.

E-Land Co. Ltd. Seeking To Sell Kim's Club

E-Land has been making every effort to raise much-needed cash to improve its financial health. To do so, the company recently announced a plan to dispose of Kim's Club, hoping that the sale would generate about KRW 1 trillion. "We chose Goldman Sachs as a sales manager in December," an E-Land spokesman said. "The investment bank will soon begin the sales process later this month by sending request for proposal letters to retail companies and private equity firms. Goldman told us that multiple entities have expressed interest in buying Kim's Club."

E.LAND To Sell Kim's Club Mart

E.LAND Co., Ltd. said on November 30, 2015 that it will sell Everyday Retail Co., Ltd. through open bidding to better focus on its core businesses. E.LAND said the sale is aimed at putting more focus on the global retail and fashion business, without elaborating on the specific schedule of the bidding.

Recent Private Companies Transactions

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