Retail & Consumer Goods Archives | Be Korea-savvy

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Consumers Embrace ‘Ugly Fruit’ to Save Money

Consumers Embrace ‘Ugly Fruit’ to Save Money

SEOUL, Jul. 15 (Korea Bizwire) — So-called ‘ugly fruits’ with defects are increasingly popular at online markets. Fruits with defects have either been affected by bugs or have problems in appearance and went unsold at supermarkets and other places, discarded as ‘ugly fruits.’ E-commerce company TMON Inc. said Sunday that sales of ‘ugly fruit’ jumped [...]

Two-thirds of S. Koreans Willing to Participate in Boycott Against Japan

Two-thirds of S. Koreans Willing to Participate in Boycott Against Japan

SEOUL, Jul. 12 (Korea Bizwire) — A recent survey has revealed that 7 out of 10 Koreans plan to participate in a boycott against Japanese products amid Japan’s measures to impose restrictions on exports to South Korea. According to a survey conducted by Realmeter commissioned by Traffic Broadcasting System (TBS), of the total survey participants, [...]

Apparel Made from Korean Fabric Stars at 2019 Milano Unica

Apparel Made from Korean Fabric Stars at 2019 Milano Unica

SEOUL, Jul. 11 (Korea Bizwire) — South Korean apparel received major attention at Milano Unica Rho 2019, Italy’s top-end textile fair. Students from Istituto Marangoni in Milan, one of world-class fashion schools, used Korean fabric to create five exquisite garments for the Korean exhibition hall. The Korea Trade-Investment Promotion Agency (KOTRA) joined hands with the [...]

Japanese Beer Sales Drop Following Recent Export Restriction

Japanese Beer Sales Drop Following Recent Export Restriction

SEOUL, Jul. 9 (Korea Bizwire) — South Koreans are increasingly boycotting Japanese products following Japan’s recent export restrictions. At convenience stores and shopping malls, sales of Japanese beer have fallen despite the scorching summer heat, leading many to believe that the boycott movement is spreading among South Korean consumers. Emart Inc., South Korea’s largest hypermarket [...]

S. Korea World’s No. 2 Heated Tobacco Market in 2018

S. Korea World’s No. 2 Heated Tobacco Market in 2018

SEOUL, Jul. 9 (Korea Bizwire) – South Korea was the world’s No. 2 heated tobacco market last year, and its growth will gather pace down the road, an industry tracker said Tuesday. The size of South Korea’s heat-not-burn electronic cigarette market reached US$1.67 billion last year, rising sharply from $453 million tallied in 2017, according [...]

Untact Service Suddenly Popular with 40-somethings

Untact Service Suddenly Popular with 40-somethings

SEOUL, Jul. 4 (Korea Bizwire) — A recent survey has found that “Untact” service, which helps users minimize contact with people and provides services with limited human interaction, increased sharply for customers in their 40s. Hyundai Card, a credit card service provider, unveiled Wednesday the results of its analysis of data on the use of [...]

Emart’s Pierrot Shopping Achieves 4.2 mln Visitors in 12 Months

Emart’s Pierrot Shopping Achieves 4.2 mln Visitors in 12 Months

SEOUL, Jun. 27 (Korea Bizwire) — Emart Inc.’s Pierrot Shopping has attracted 4.2 million visitors just 12 months since its grand opening, based on the popularity among young customers and foreigners. A brand led by Shinsegae Group Vice Chairman Chung Yong-jin, Pierrot Shopping has opened eight stores, including six in Seoul, since it was first [...]

S. Korean Duty-free Operators Going Abroad for Another Boom

S. Korean Duty-free Operators Going Abroad for Another Boom

SEOUL, Jun. 24 (Korea Bizwire) — After years of struggle in the face of a decline in Chinese tourists and increased competition, South Korea’s duty-free operators are in search of a more stable and sustainable business portfolio — to reduce their reliance on Chinese visitors and generate decent profits. The country’s duty-free business has raked [...]

Shared Kitchen Pilot Project Launches at Highway Rest Stops

Shared Kitchen Pilot Project Launches at Highway Rest Stops

SEOUL, Jun. 21 (Korea Bizwire) — The first shared kitchen at a highway rest area, where two or more owners can operate at different time periods in one shared space, has started full-scale operations, the Ministry of Food and Drug Safety said. The first projects for “Shared Kitchen,” opened Thursday at the Seoul Underground Rendezvous [...]