The voluntary retirement was reported to all non-profitable branches. E-Mart posted its first consolidated deficit of 46.9 billion won last year.

Amid a heightened sense of crisis at E-Mart, the recent promotion of Vice Chairman Chung Yong-jin to chairman seems to be a decision aimed at reducing high-intensity costs.

 

[ⓒ 알파경제. 무단전재-재배포 금지]