KSIC 47111—Department stores
Subclass · Korean Standard Industrial Classification (Rev. 11 (2024))
Where 47111 sits
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
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)