Consumer Behaviour Archives | Page 2 of 10 | Be Korea-savvy

Archive by category Consumer Behaviour

Household Appliances Soar in Popularity with the Heat Wave

Household Appliances Soar in Popularity with the Heat Wave

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 [...]

Hotels Gain Business as Vacationers Seek Nearby Refuge from Summer Heat

Hotels Gain Business as Vacationers Seek Nearby Refuge from Summer Heat

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 [...]

Sales of Scalp and Hair Products Soar During Heat Wave

Sales of Scalp and Hair Products Soar During Heat Wave

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 [...]

Market for Instant Cup Noodles Grows 20% with Increase of Single-Person Households

Market for Instant Cup Noodles Grows 20% with Increase of Single-Person Households

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 [...]

Heat Wave Boosts Retail Sales in S. Korea

Heat Wave Boosts Retail Sales in S. Korea

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 [...]

No More Stress for Pigs and Chickens

No More Stress for Pigs and Chickens

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 [...]

Demand for Electric Cars on Jeju Island Outstrips Supply

Demand for Electric Cars on Jeju Island Outstrips Supply

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 [...]

Non-German Foreign Carmakers Post Strong Performances for 2017 in S. Korea

Non-German Foreign Carmakers Post Strong Performances for 2017 in S. Korea

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 [...]