Hmart in minnesota

MyungchanKang 2,300 views 19 slides Dec 26, 2016
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About This Presentation

Dear H-Mart:

We would first like to extend our great appreciation (deep gratitude) for the tremendous effort and devotion your company has provided in nurturing the growing influence of Asian (and Korean) culture into the United States through your quality food offerings. Many of us here in Minneso...


Slide Content

H Mart
in
Minnesota?

Why not Minnesota?
Current
H Mart locations
(Blue)

http://www.startribune.com/where-does-twin-cities-
rank-for-population-growth-in-midwest/373236871/

Music,
Culture,
& Arts

Major Sports Teams and Venues

Emerging
Korean
Cuisine in
Twin Cities
Opened in 2016
Korean burrito
http://www.pizzerialola.com/press/
Opened in 2014
Korean gastropub
Korean BBQ beef bowl
Opened in 2016
Opened in 2011

https://landofgazillionadoptees.com/2013/04/09/12- reasons-why-the-minnesota-korean-
adoptee-community-is-awesome/
http://www.koreaninstitute.org/
http://kccmn.org/
http://www.koreanheritagehouse.co
m/korean_cultural_association.php
http://www.mnkorea.org/main/
http://www.sejongacademy.org/
Minnesota maintains a growing Korean cultural influence …

Asian American Populations from 2010 US Census Report (sorted by population)
https://en.wikipedia.org/wiki/Demographics_of_Asian_Americans
States with at least one H -Mart store

Comparison with Recent H-Mart Store Opening Location: Cary, North Carolina
Similar AA population,
higher overall % AA
Similar number of AAs:
+80% number of Koreans
Very large Hmong population, i.e.,
current Asian groceries focused on
Hmong/Vietnamese populations

Where
in
Minnesota?

Most Asian grocery stores in Twin Cities are West of St. Paul, and focused on Southeast Asian (Hmong/Vietnamese) cuisine
Largest Asian grocery store in Twin Cities is Dragon Star or Sun Foods (both Southeast Asian focused)
Korean/Japanese grocery stores: Dong Yang Oriental Food, Kim’s Oriental Market, United Noodles

Underserviced East Metro and Western Wisconsin Regions: No Asian Grocery Stores East of St. Paul!
Woodbury is centrally located in the East Metro area and is one of the fastest growing suburbs in the Twin Cities
Woodbury has a significant Asian population, with many being middle-high income families from neighboring, 3M

http://patch.com/minnesota/woodbury/woodbury-11th-best-place-live-nation-study

http://www.ci.woodbury.mn.us/development-map
http://www.ci.woodbury.mn.us/economic-development/a-thriving-business-community/new-commercial-development

Opened Fall 2016
http://www.cityplacemn.com/
Diversity of new restaurants reflects increasing desire for
multicultural food offerings in Woodbury and Twin Cities region
Opened Fall 2016
Opened Fall 2015

Opened Fall 2007
https://www.minnpost.com/twin-cities-business/2015/02/why-grocery-business-now-retails-hottest- niche
Opening Spring 2017
Opening Fall 2017
Missing:
Asian Grocery!!!

Grand Opening
H Mart in Woodbury!!!

Thank you for your
time and
consideration, and
we look forward to
your arrival!!!