Olive Young doubles down on regional expansion

CJ Olive Young is making its biggest regional push yet, committing 123.8 billion won ($84 million) to expand large-scale stores and logistics infrastructure outside the Seoul metropolitan area to boost local economies and create career opportunities. The company said Thursday that of the 78 large-format stores slated to open or be renovated this year, 43 will be in nonmetropolitan areas. Busan and Jeju Island, among the country’s top tourist draws, will have flagship stores geared toward foreign