SEOUL, Nov. 12 (Korea Bizwire) — Lotte Mart announced on Sunday that it will adopt QR codes for all merchandise being sold at the store, which will allow customers to use their smartphones to access detailed information as well as customer reviews about each product. The company will also provide online ordering services to customers [...]
SEOUL, Nov. 12 (Korea Bizwire) — The Korean Customs Service (KCS) has launched a crackdown on illegal imports and the resale of imported products until November 28 as transactions via foreign direct purchasing are expected to jump due to China’s annual Singles Day. The KCS will be focusing on the act of reselling products acquired [...]
SEOUL, Nov. 12 (Korea Bizwire) — The South Korean version of U.S. lemon laws is set to go into effect next year as the government moves to strengthen consumers’ rights, the transport ministry said Monday. Under the lemon laws in the United States, those who purchase cars and other consumer goods that repeatedly fail to [...]
SEOUL, Nov. 2 (Korea Bizwire) — Of the many foreign-made household appliances that can be purchased directly from foreign e-commerce websites, electric stoves and vacuum cleaners were found to be cheaper on foreign websites, while air purifiers produced overseas were cheaper on local websites. According to a comparison survey by the Korea Consumer Agency (KCA) [...]
SEOUL, Oct. 31 (Korea Bizwire) — Bodyfriend Inc., the manufacturer of massage chairs, has revealed that its new massage chairs feature the world’s first “brain massage” function. At a press conference yesterday at the Four Seasons Hotel in Seoul, Bodyfriend introduced the massage chairs equipped with the brain massage function. According to Bodyfriend, the brain [...]
SEOUL, Oct. 30 (Korea Bizwire) — E-Mart Inc. revealed yesterday that it will be adopting eco-friendly packaging that would allow plastic containers belonging to its own brand products to be recycled with ease. Colored plastic bottles and caps will be replaced with colorless plastic. In addition, product labels will be made easier to remove. E-Mart [...]
SEOUL, Oct. 23 (Korea Bizwire) — Lotte Group said Tuesday it will invest 50 trillion won (US$44 billion) and create 70,000 new jobs in the next five years in its first major business decision after its chief returned to the helm of South Korea’s fifth-largest conglomerate. Lotte Corp., the business group’s holding firm, said that [...]
SEOUL, Oct. 23 (Korea Bizwire) – Online shopping malls are planning big sales for November, a month that used to be a slow season but is turning out record sales from discounts, industry officials said Tuesday. EBay Korea racked up sales in November last year through its “Big Smile Day” discounts. Although it did not [...]
SEOUL, Oct. 22 (Korea Bizwire) — Beauty products are becoming a very important export driver, with shipments growing by leaps and bounds, a report by a local trade promotion agency said Monday. According to the Korea Trade-Investment Promotion Agency (KOTRA), South Korea exported US$4.96 billion worth of cosmetics last year, four times more than in [...]
SEOUL, Oct. 22 (Korea Bizwire) — Online shopping sites are losing visitors, with the number falling by some 14 percent over the past two years, industry data showed Monday. The data counted 77.97 million people visiting the six major online shopping malls in September, down from 83.86 million in the same month last year. Compared [...]