KSICSubclass

KSIC 47111Department stores

Subclass · Korean Standard Industrial Classification (Rev. 11 (2024))

Where 47111 sits

  1. G Wholesale and retail trade
  2. 47 Retail trade, except motor vehicles and motorcycles
  3. 471 Retail sale in non-specialized stores
  4. 4711 Retail sale in non-specialized superstores with sales space of at least three thousand square meters
  5. 47111 Department stores

Description

It refers to industrial activities involving the comprehensive retailing of various goods, equipped with sales facilities divided into multiple stores managed collectively within a specific location by a single management entity. Generally, in such department stores, dedicated sales staff are permanently stationed at each store, allowing for direct buying, selling, and cashiering activities to take place at the store level. However, if a business unit takes the form of a department store but operates under separate management rights, that individual business entity with separate management rights is not classified as general retail but is instead categorized under the respective items of specialized retail.

47111 in other systems

Looking up equivalents…

Index entries for 47111

One entry from the official KSIC alphabetic index that classify under this code.

  • Department store operation (store area of ​​3,000㎡ or more)