KSICSubclass

KSIC 47112Discount department stores

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

Where 47112 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. 47112 Discount department stores

Description

It refers to industrial activities that operate large stores comprehensively managed by a single business entity in a designated location, stock a wide variety of goods ranging from food and home appliances to agricultural and marine products, manufactured goods, and various daily necessities, and conduct retail business using a self-service method. Large supermarkets include both membership-based and non-membership-based operations and are characterized by securing price competitiveness through bulk purchasing and bulk selling methods.

Example activities

  • large general discount stores (excluding department stores)

Cross-references for 47112

  • Large outlets ( 47119 )
  • Large duty-free shops ( 47130 )
  • Large specialty stores
  • Large shopping centers ( 47119 )
  • Complex shopping malls ( 47119 )

47112 in other systems

Looking up equivalents…

Index entries for 47112

7 entries from the official KSIC alphabetic index that classify under this code.

  • General merchandise discount store (3,000㎡ or more)
  • Membership-based large general merchandise discount store (store area 3,000㎡ or more)
  • Large warehouse-style general merchandise store (store area 3,000㎡ or more)
  • Large general discount store (hypermarket)
  • Large warehouse-style general merchandise discount store (3,000㎡ or more)
  • Large general merchandise discount store (store area 3,000㎡ or more)
  • General retail of food and miscellaneous goods (store area 3,000㎡ or more, excluding department stores and duty-free shops)