Hyunsoo Heo, Vice Chairman of GS Retail, "We Will Leap Forward as a Strong Platform Business Player"

Hyunsoo Heo, Vice Chairman and CEO of GS Retail.

[Asia Economy Reporter Lim Chunhan] Hyunsoo Heo, Vice Chairman and CEO of GS Retail, announced on the 25th that the management policy for this year is set to leap forward as a platform business leader, respond to future changes centered on customers, and secure growth momentum for the business.

At the shareholders' meeting held at the GS Retail Northeast Office in Seoul on the same day, Vice Chairman Heo said, "We will successfully complete the leap to become a platform business leader," and added, "We will strengthen O4O businesses such as Uri Dongnae Delivery, BOX25, and Wine25 to develop them into core businesses that widen the gap with competitors."

Heo explained, "Last year, despite external environments such as COVID-19, the company laid the foundation for continuous growth. The convenience store business shifted from offline store-centered operations to focusing on digital competitiveness innovation in response to the pandemic. The supermarket business succeeded in turning a profit even in difficult circumstances through active implementation of chain operations. The development business diversified its business areas into hotels, offices, and rental housing, achieving the highest operating profit ever."

Heo emphasized, "Through strengthening data management to maximize customer experience, we will provide products and services that exceed customer expectations. For future growth, we will not only strengthen the competitiveness of existing businesses but also establish infrastructure for sustainable growth based on online and offline synergy."

Meanwhile, GS Retail handled the agenda to reappoint President Yoon Sung Cho as an inside director and added liquor import/export business, delivery agency business, and insurance agency business to its business objectives on the same day.

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