From left: Park Ju-hyung, Han Chae-yang, Song Hyun-suk, Im Young-rok, and Lee Seok-koo. [Courtesy of Shinsegae Group] South Korean retail giant Shinsegae Group on Wednesday carried out a massive reshuffle, replacing nine out of 25 chief executive officers in a sweeping overhaul, a move to arrest the deterioration of its business performance.Shinsegae Group opted for an unusual early schedule for this year's regular executive appointments, bringing them forward by one month, in contrast to the usual October timing.

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