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Archive by category Retail & Consumer

A Customs Brokerage Improves Productivity and Regulatory Compliance With Descartes OneView(TM)

WATERLOO, Ontario, Jan. 21 (Korea Bizwire) — Descartes Systems Group (Nasdaq:DSGX) (TSX:DSG), the global leader in uniting logistics-intensive businesses in commerce, announced that A Customs Brokerage has significantly increased its shipment productivity since implementing Descartes OneView(TM) Forwarder Enterprise and Descartes OneView(TM) Customs House Brokerage (CHB) solutions. The Descartes solutions provide A Customs Brokerage with a [...]

Korean Retailers Eye Duty-free Shops

SEOUL, Jan. 20 (Korea Bizwire) – As the growth of existing distribution channels such as department stores and big box discount stores reaches its limit, Korean retailers are rushing to open duty-free shops in an attempt to find new sources of revenue. According to industry experts, with the government planning to set up four more large-scale [...]

IKEA to be Regulated as Big Box Retailer

“IKEA sells not only furniture but also other household products, but it is categorized as a specialty shop for furniture under the current law. Under these circumstances, it is not regulated with regards to operation hour restrictions or forced closures like other big box retailers, which causes controversy in the aspect of fairness.” “Due to [...]

New Year Resolution Products: Nuts in a Cigarette Package

SEOUL, Jan. 13 (Korea Bizwire) — Diet products and implements to help quit smoking are becoming popular at this time of new year’s resolutions. According to Lotte Department Store, sales of said products increased during the period from January 2 to 9. Over this time, sales of sports products and running shoes increased by 24 [...]

S. Korean Tech Firms in Push for QDOT TVs in 2015

SEOUL, Jan. 13 (Korea Bizwire) — South Korean tech companies are expected to kick off mass production of their quantum dot TVs this year, analysts said Tuesday, amid intense competition with Chinese rivals to gain an upper hand in the global market with the advanced technology. Samsung Electronics Co., the world’s top maker of smartphones [...]

Tobacco Companies Terminating Unpopular Products after Price Hike

SEOUL, Jan. 11 (Korea Bizwire) – Tobacco companies are stopping the sale of unpopular products due to recent setbacks caused by government-mandated increases in cigarette prices. British American Tobacco (BAT) Korea, the second largest tobacco company in Korea, decided to stop sales of Lucky Strike, one of its oldest brands, in order to focus on sales [...]

Fraudulent Overseas Online Shopping Sites to Be Named by S. Korean Gov’t

SEJONG, Jan. 8 (Korea Bizwire) – The South Korean government said Thursday it will publish a list of overseas Internet shopping sites that have repeated records of customer complaints, a move aimed at protecting local consumers. The move comes as part of a three-year government policy directive that will be effective from this year. Under [...]

Sleepy’s Deploys Descartes for Home Delivery

Transforms Customer Service with Delivery Appointment Booking and Mobile Solutions WATERLOO, Ontario, Jan. 8, 2015 (Korea Bizwire) — Descartes Systems Group (Nasdaq:DSGX) (TSX:DSG), the global leader in uniting logistics-intensive businesses in commerce, announced that Sleepy’s, the largest privately-owned specialty mattress retailer in America, has transformed customer service by offering a highly-differentiated buying and delivery experience [...]

Airports Busy With Smokers Buying Tax Free Cigarettes

SEOUL, Jan. 8 (Korea Bizwire) – Incheon International Airport’s tax-free cigarette booths are swarming with Korean tourists lining up to buy tax-free cigarettes these days. With a pack of cigarettes in Korea now selling for more than 4,000 won (US$ 3.6), tax-free cigarettes have become a must-buy item on travelers’ shopping lists. However, this safe [...]

VIP Shoppers Shore up Tempered Growth at Department Stores

SEOUL, Jan. 5 (Korea Bizwire) – Sales by VIP customers were a rare source of growth last year for South Korean department stores that are losing shoppers to mobile and overseas channels, data showed Monday. Sales generated by customers who spend more than 20 million won (US$18,025) a year jumped 21 percent on-year in the [...]