Korean Chain Plans Eight New U.S. Stores
H Mart, a South Korean-owned chain of high-end Asian supermarkets here, is pursuing an aggressive expansion plan this year, with eight stores scheduled to open across the United States.
April 14, 2008
ELLIOT ZWIEBACH
LYNDHURST, N.J. — H Mart, a South Korean-owned chain of high-end Asian supermarkets here, is pursuing an aggressive expansion plan this year, with eight stores scheduled to open across the United States. The chain, which currently operates 24 U.S. stores, plans to open single units this year in New York, California, Virginia, Texas, Nevada and Massachusetts, and two units in Georgia. “We want to open more stores in areas where there are a lot of Asian people or people who love Asian food,” Jimmy King, marketing manager, told SN. H Mart stores range from 15,000 to 90,000 square feet, with most locations in the 50,000-square-foot range, King said. Depending on size, stores carry between 20,000 and 40,000 SKUs, he added. See Page 1 of the April 14 print edition of SN for more.
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