Retail & Consumer Goods Archives | Be Korea-savvy

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Abysmal Air Quality Spurs Innovation

Abysmal Air Quality Spurs Innovation

SEOUL, Jan. 21 (Korea Bizwire) — A variety of innovative items are being released to tackle fine dust, with consumers looking beyond the typical masks or air purifiers.  Mobile oxygen cans and wearable air purifiers have recently been gaining popularity.  Gmarket, a major South Korean online shopping mall, said sales of mobile oxygen cans in [...]

10 pct Increase in Male Attendees at Cultural Centers Due to Reduced Working Hours

10 pct Increase in Male Attendees at Cultural Centers Due to Reduced Working Hours

SEOUL, Jan. 21 (Korea Bizwire) — It has been reported that since the introduction of the government imposed 52-hour workweek, the number of individuals attending department store cultural centers has increased. Lotte Department Store, the country’s leading retailer, reported on Monday that the number of students attending its cultural centers had increased by 3.5 percent [...]

Duty-free Sales Hit Record High in 2018 Despite THAAD Row

Duty-free Sales Hit Record High in 2018 Despite THAAD Row

SEOUL, Jan. 14 (Korea Bizwire) — Sales at South Korean duty-free stores continued to show solid growth, reaching their highest-ever figure in 2018, despite a drop in Chinese travelers following a diplomatic row over the deployment of an advanced U.S. missile defense system here, industry data showed Monday. According to the data from the Korea [...]

Study Shows 7 in 10 S. Korean Adults Like Children’s Goods

Study Shows 7 in 10 S. Korean Adults Like Children’s Goods

SEOUL, Jan. 11 (Korea Bizwire) — A new study has revealed that more than 70 percent of South Korean adults over 20 years of age have ‘kidult’ tendencies. Gmarket, a South Korean online shopping mall, conducted a survey of 710 customers, 73 percent of whom said they like products made for children. Among the respondents, [...]

Seoul Takes High-tech Approach to Help Disadvantaged Teens

Seoul Takes High-tech Approach to Help Disadvantaged Teens

SEOUL, Jan. 11 (Korea Bizwire) — Female sanitary products will be distributed to those in need using KakaoTalk, a mobile messenger. The Seoul Metropolitan Government, in collaboration with Kakao Commerce Corp. and Yuhan-Kimberly Ltd., will be distributing free sanitary pads and other female products to 1,500 teenagers living in Seoul’s Gangseo District via KakaoTalk. The [...]

E-Mart Announces New Promotion to Strengthen Offline Competitiveness

E-Mart Announces New Promotion to Strengthen Offline Competitiveness

SEOUL, Jan. 4 (Korea Bizwire) — E-Mart Inc. has announced a new pricing policy called ‘Citizen’s Price’ as its first project this year to strengthen offline competitiveness. The Citizen’s Price initiative includes plans to significantly reduce prices of fresh goods and everyday necessities. The initiative comes after Chung Yong-jin, Vice Chairman of Shinsegae Group that operates E-Mart, [...]

Refurbished Products Increasingly Popular

Refurbished Products Increasingly Popular

SEOUL, Dec. 31 (Korea Bizwire) — A shopping mall specializing in refurbished products has seen its sales soar after selling its goods at bargain basement prices. The company reportedly sold nutrition cream worth 50,000 won (US$44.92) for only 2,500 won (US$2.25) and facial masks worth 1,000 won for just 99 won. These shocking prices spread [...]