Hyundai Department Store Co. is readying to lure shoppers to its new outlet store, due to open on 6 October in Namyangju, a Gyeonggi city east of Seoul, with not only luxury fashion brands but also diverse art and cultural events inside the massive shopping complex. The South Korean retail giant announced that its fourth outlet store Hyundai Premium Outlet SPACE ONE will have 36,859-square-meter cultural and art facilities, almost 70 percent of its total shopping area of 51,365 square meters. Its cultural space is six times wider than the average art-related space of its premium outlets of 6,611 square meters.