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S. Korean Retailers Accelerate Push for Automation

S. Korean Retailers Accelerate Push for Automation

SEOUL, Aug. 29 (Korea Bizwire) — South Korean retailers’ race to automate their outlets is accelerating with leading industry players unveiling robots that can replace shop workers, market watchers said Wednesday. On Tuesday, Korea Seven Co., the operator of convenience store chain 7-Eleven in South Korea, introduced a robot that allows customers to pay with [...]

Lotte Unveils ‘Hand-pay’ Robot for 7-Eleven

Lotte Unveils ‘Hand-pay’ Robot for 7-Eleven

SEOUL, Aug. 28 (Korea Bizwire) — Korea Seven Co., the operator of convenience store chain 7-Eleven in South Korea, on Tuesday unveiled a robot that allows customers to pay with their hands as local retailers accelerate their move to take the lead in next-generation retail models using the latest technologies. The robot, dubbed Veny, was [...]

Hyundai Department Store, Amazon Join hands for ‘Next-generation’ Store

Hyundai Department Store, Amazon Join hands for ‘Next-generation’ Store

SEOUL, Aug. 20 (Korea Bizwire) — Hyundai Department Store Group said Monday it has joined hands with Amazon to develop the “next-generation” retail model amid local retailers’ push to adopt the latest technology to their online and offline platforms. Under the strategic collaboration agreement with Amazon Web Service (AWS) Korea signed on Friday, Hyundai said [...]

Sales of Car Fire Extinguishers and Emergency Hammers Spike

Sales of Car Fire Extinguishers and Emergency Hammers Spike

SEOUL, Aug. 17 (Korea Bizwire) — With the recent series of fires in BMW vehicles and Korean-made cars, car safety items are selling better than ever. Ticket Monster, a leading e-commerce website, said revenue derived from sales of car fire extinguishers during a period of two weeks between August 1 to 14 grew by 3,246 [...]

Shinsegae’s Supermarket Chain to Launch ‘Cashier-Less’ Store

Shinsegae’s Supermarket Chain to Launch ‘Cashier-Less’ Store

SEOUL, Aug. 16 (Korea Bizwire) — E-Mart Everyday Inc., retail giant Shinsegae’s supermarket chain operator, said Thursday it will open a “cashier-less” store in Seoul this week in its latest effort to secure competitiveness through the use of new technologies. The 212-square-meter store in Gangnam, southern Seoul, will open Friday after remodeling to allow customers [...]

S. Korean Retailers Beef Up Marketing Efforts to Lure Chinese Consumers

S. Korean Retailers Beef Up Marketing Efforts to Lure Chinese Consumers

SEOUL, Aug. 16 (Korea Bizwire) — South Korean retailers are accelerating efforts to attract more Chinese consumers, companies said Thursday, as they strive to recover from the fallout from the diplomatic row between Seoul and Beijing over the stationing of a U.S. anti-missile system. Lotte Duty Free, South Korea’s No. 1 duty-free operator, said it [...]

From TV to Online, Offline, S. Korean Retailers Go Beyond Boundaries

From TV to Online, Offline, S. Korean Retailers Go Beyond Boundaries

SEOUL, Aug. 16 (Korea Bizwire) — South Korean retailers are increasingly crossing the boundaries between their commerce platforms from television to offline and online to attract more customers, market watchers said Thursday. Shinsegae TV Shopping Inc., the home shopping arm of retail giant Shinsegae, is set to open an offline shop for luxury goods sold [...]

Middle-Aged Consumers Increase Spending on Health and Looks

Middle-Aged Consumers Increase Spending on Health and Looks

SEOUL, Aug. 13 (Korea Bizwire) — According to e-commerce giant Gmarket, a growing number of middle-aged South Koreans are spending more money on dieting, skin care and other products or services that help them to maintain a youthful appearance. Those in their 40s and 50s are investing more in themselves, as they have the economic [...]