SEOUL, Aug. 9 (Korea Bizwire) — As a sweltering summer heat wave continues to sweep the nation, household appliances that help ease the burden of household chores have become extremely popular. According to Lotte Hi-Mart, a large retailer of electronic goods, sales of robot vacuum cleaners soared by 30 percent within the two-week period between [...]
SEOUL, Aug. 8 (Korea Bizwire) — Hotels in Seoul and its vicinity are showing higher occupancy this summer as vacationers take refuge from record heat at accommodations not too far from home, their business data indicated Wednesday. Resort-style hotel Banyan Tree Club and Spa Seoul said its package sales rose 3 to 5 percent this [...]
SEOUL, Aug. 6 (Korea Bizwire) – With the intense summer heat continuing to take a toll, sales of hair and hair-loss products have multiplied fivefold with the onset of not only the heat but also high UV rays. The e-commerce website Auction said today that hair-related products including scalp massagers and hair loss treatments grew 498 percent [...]
SEOUL, Aug. 2 (Korea Bizwire) — Although instant noodles are not exempt from the low growth that the food industry is currently facing, demand for instant noodles has soared due to the increase in single-person households. According to the Korea Agro-Fisheries & Food Trade Corporation (aT), which analyzed sales data of instant cup noodles, the [...]
SEOUL, Aug. 1 (Korea Bizwire) — Sweltering heat affecting South Korea is boosting sales of local retailers as people flock to air-conditioned malls to get relief, industry sources said Wednesday, with the mercury expected to rise further in the coming days. According to retail giant Lotte, 4.22 million people visited Lotte World Mall in eastern [...]
SEOUL, Jul. 31 (Korea Bizwire) — As temperatures continue to hover close to 40 degrees Celsius, sales of energy drinks were found to have jumped fivefold in recent days. According to the e-commerce website Gmarket, sales of all drinks between July 1 and 26 increased by 23 percent compared to the same period last year. [...]
SEOUL, Jul. 30 (Korea Bizwire) — An unconventional section has made its way into the fresh meat category at Hyundai Department Store’s Mokdong branch. The new section only offers “ethical meat produced on healthy farms” certified for having guaranteed proper welfare for the animals. With an increasing number of South Koreans opting to exercise ethical [...]
SEOUL, Jul. 24 (Korea Bizwire) — A prolonged heat wave in South Korea is boosting sales of stamina food in lieu of diet products, industry data showed Tuesday. The entire country has been hit by scorching weather over the past two weeks, with daytime highs soaring above 38 degrees Celsius in Seoul and most other [...]
SEOUL, Jul. 18 (Korea Bizwire) — Electric car manufacturers have been unable to supply promised cars to the public on time. According to the provincial government of Jeju, 1,015 new electric cars were registered on the island during a period of six months between February and July, which is just 25.3 percent of the initial [...]
SEOUL, Jul. 12 (Korea Bizwire) — Non-German foreign carmakers, such as Toyota Motor Corp. and Jaguar Land Rover, did well in South Korea in the past fiscal year, posting sales of over 1 trillion won (US$887 million) each, the companies said Thursday. In the 2017 fiscal year, which ended in March, Toyota Motor reported sales [...]