BUSAN, Feb. 13 (Korea Bizwire) – Shinsegae Centum City has announced a gradual expansion of its vegan cosmetics line, signaling a shift towards more environmentally friendly and ethical consumer choices. The department store recently inaugurated an Hourglass store on February 1, adding to its growing list of eco-friendly and vegan brands such as Dear Dahlia, Urban [...]
SEOUL, Feb. 11 (Korea Bizwire) – Despite a general tightening of consumer spending due to a nation-wide economic slowdown, outlet stores are ramping up their VIP marketing efforts to draw in big spenders. Unlike department stores where achieving the highest VIP status can require annual spending of over 150 million won, outlets offer VIP tiers [...]
SEOUL, Feb. 9 (Korea Bizwire) – Emart24 has announced it will be selling a limited number of tickets on a first-come, first-served basis for a dinner event scheduled for the evening of February 23 at the Conrad Seoul hotel’s VVertigo bar and lounge in Yeouido, Seoul. Following the success of the “Wine Gala Dinner [...]
SEOUL, Feb. 8 (Korea Bizwire) – Home electronics retailer ET Land reported on February 7 that sales of kitchen appliances have been on the rise, attributed to an increase in the number of people cooking at home due to the soaring cost of dining out. Sales of key kitchen appliances like electric ovens and ranges last [...]
SEOUL, Feb. 8 (Korea Bizwire) – SSG.com has announced that it is replicating its in-store tasting experience with its new “Online Tasting Event.” Starting on February 7, the first 8,000 customers who spend over 60,000 won on dawn deliveries will receive one of three complimentary Nestle gifts, including KitKat Green Tea, KitKat Original, or Starbucks Powdered [...]
SEOUL, Feb. 5 (Korea Bizwire) – As consumers grapple with rising inflation and interest rates leading to a domestic slowdown, the recommerce market, involving the resale of used items and collectible goods like luxury and limited edition products, is gaining momentum. Estimates suggest that the domestic recommerce market has recently surpassed a value of 30 trillion [...]
SEOUL, Feb. 2 (Korea Bizwire) – Samsung Electronics’ latest AI-enabled smartphone, the Galaxy S24 series, has been found to have the lowest actual purchase price in South Korea compared to other countries worldwide. According to industry insiders, the actual purchase price of the Galaxy S24 Ultra 256GB, sold through Samsung.com at a listed price of 1.69 [...]
SEOUL, Feb. 2 (Korea Bizwire) — Emart24, a South Korean convenience store chain, said Friday it will open its first store in Cambodia in June as part of its global expansion strategy. Emart24 aims to increase the number of its convenience stores in Cambodia to 100 within five years, the company said in a statement. [...]
SEOUL, Feb. 1 (Korea Bizwire) – Complaints filed against AliExpress, the e-commerce retail platform of China’s Alibaba Group, in South Korea quintupled in 2023 from a year earlier, a local consumers’ association said Thursday. The number of complaints submitted to the Consumers Union of Korea (CUK) and the 1372 call center operated by the Korea [...]
SEOUL, Feb. 1 (Korea Bizwire) – A survey has highlighted significant concerns among Coupang’s warehouse workers regarding extreme working conditions, including heat, cold, and dust exposure. The Korean Confederation of Trade Unions (KCTU) held a press conference on January 31st in front of the Seoul Regional Employment and Labor Office to disclose the findings from a [...]