The Kindest Retailer in Daegu is Hyundai Department Store... Daegu City Announces 2019 Contribution Results

Daegu City Holds Distribution Industry Win-Win Development Association Meeting on the 9th... Large Mart Requests Change of Mandatory Holiday Before the Holiday

[Asia Economy Yeongnam Reporting Headquarters Reporter Park Dong-wook] On the morning of the 9th, Daegu City held the 13th Distribution Industry Win-Win Development Council at the city hall annex, attended by representatives from major local corporate distributors, traditional markets, and small business owners in the Daegu area.

The council was organized to present the 2019 regional contribution evaluation of major corporate distributors operating in the region and to discuss current issues for the win-win development of large and small-medium distributors in Daegu City.

According to the 2019 regional contribution evaluation results, Hyundai Department Store was selected as the Best company for the second consecutive year following the previous year. Hyundai Department Store contracted 100% of its service orders and printing orders through local companies, donated 2.68 billion KRW in social contributions, and had the highest number of excellent local companies entering its stores, totaling 175.

Daegu City evaluated 10 areas including local product procurement, local workforce employment, and community contributions based on the 2019 performance data and on-site inspection results of 8 companies and 30 stores subject to performance review under the improved guidelines this year.

On-site inspections to verify performance data revealed that due to the contraction of consumer sentiment caused by COVID-19 and the increase in online shopping, sales sharply declined, and some local large marts announced closures, indicating that distributors had a difficult year.

Daegu City plans to strengthen an organic cooperative system for the win-win and development of local distribution industries, including discussions on the temporary change of holiday closures requested annually by large marts.

Hong Ui-rak, Deputy Mayor for Economic Affairs of Daegu City, stated, "The entire distribution industry is facing difficulties due to COVID-19, making win-win cooperation more necessary than ever," and added, "We will do our best to enhance regional contributions so that traditional markets, small merchants, and large distributors can all achieve a win-win through coexistence and harmony."

This content was produced with the assistance of AI translation services.