It seems pretty inevitable that Costco was going to have to comply with this ordnance:
The Korean unit of American discount warehouse Costco has decided to close its store in Daegu on every second and fourth Sunday, a decision viewed as the firm’s surrendering to pressure to abide by an ordinance meant to protect the livelihoods of smaller retailers.
The company has come under fire for months for ignoring the restriction, arguing it goes against freedom of business. The government hit back with financial penalties and tough inspections of Costco stores over its food safety and management system.
Adding to the pressure were boycott campaigns by civic groups and criticism by the media. Costco Korea’s country manager Preston Draper was bombarded with acute criticism last month when he was called in to testify during the National Assembly’s audit of the government.
“The Daegu store will close every second and fourth Sunday, whose first application is on Nov. 25,” Costco announced through its official website (www.costco.co.kr). Noting that the same rule will be applied to another store in Yangpyeong, Seoul, the company said it will respect a revised ordinance regarding the mandatory closure.