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Lotte Department Store’s Main Outlet in Seoul to Close Temporarily over Coronavirus Fears

Lotte Department Store’s Main Outlet in Seoul to Close Temporarily over Coronavirus Fears

SEOUL, Feb. 7 (Korea Bizwire) — Lotte Department Store, one of the country’s major department store chain operators, said Friday that one of its outlets in downtown Seoul will be temporarily closed starting late Friday for a cleanup following a recent visit there by a patient diagnosed with the new coronavirus. The store in the [...]

Department Store Doing Away with Paper Receipts

Department Store Doing Away with Paper Receipts

SEOUL, Jan. 16 (Korea Bizwire) — Hyundai Department Store said Wednesday it will launch an electronic receipt issuance service with the aim of “zero” paper receipts within three years. Electronic receipts will be issued in the form of the automatic issuance of receipts through mobile applications instead of paper receipts when purchasing goods. Even if [...]

Retailers Turn to Eco-friendly Packaging Ahead of Lunar New Year Holiday

Retailers Turn to Eco-friendly Packaging Ahead of Lunar New Year Holiday

SEOUL, Jan. 24 (Korea Bizwire) — Lotte Department Store reported on Wednesday that it was making use of recyclable or biodegradable packaging for its Lunar New Year gift sets, which are going to be sold until February 4. Lotte also used cooler bags, which can be reused as shopping bags, for its meat set packaging, [...]

Gov’t Sets Guidelines for Department Store Employees

Gov’t Sets Guidelines for Department Store Employees

SEOUL, Jun. 5 (Korea Bizwire) — The Ministry of Employment and Labor announced yesterday that it was implementing a measure that would nurture the well-being of employees in sales positions required to stand for long periods at departments stores and malls. Salespersons are prone to foot problems, backaches, and stress as their jobs require long [...]

Overseas Luxury Brands Booming with Young South Korean Consumers

Overseas Luxury Brands Booming with Young South Korean Consumers

SEOUL, May 17 (Korea Bizwire) – Demand is high for overseas luxury goods, particularly among younger consumers in their 20s and 30s, despite South Korea’s unrelenting economic slump.  According to Lotte Department Store, sales of overseas fashion items, largely comprising of high-end brands, jumped by more than 30 percent in 2016 compared to 2015 for [...]

Businesses Renovate Stores with Unique Themes to Improve Brand Awareness

Businesses Renovate Stores with Unique Themes to Improve Brand Awareness

SEOUL, May 8 (Korea Bizwire) – Local businesses are introducing so-called “concept stores” to improve the image of their brands. Such stores include pop-up stores or traditional offline shops with in-house cafés and gardens, or retail spaces decorated with different themes to appeal to more customers.  SkinFood, a cosmetics company, operates two outlets with cafés [...]