department stores Archives | Be Korea-savvy
Department Stores Transform Outlets from Shopping Centers to Culture Spaces

Department Stores Transform Outlets from Shopping Centers to Culture Spaces

SEOUL, Nov. 19 (Korea Bizwire) — South Korean department stores are on track to transform their outlets from simple shopping centers into culture spaces. Lotte Department Store, for example, started setting up experience-focused cultural facilities within its outlets across the country last year. The company’s flagship store in Jamsil, southern Seoul, is running a cultural [...]

Department Stores Renovate Outlets Targeting Young Customers

Department Stores Renovate Outlets Targeting Young Customers

SEOUL, Oct. 4 (Korea Bizwire) — Major local department stores have renovated their outlets in bustling areas and realigned sales sections in an effort to attract a new clan of young customers amid faltering sales hit by the new coronavirus outbreak, industry sources said Sunday. Industry leader Lotte Department Store and its main rivals Shinsegae [...]

Department Stores Undergo Renovations to Attract Future VIP Shoppers

Department Stores Undergo Renovations to Attract Future VIP Shoppers

SEOUL, Sept. 23 (Korea Bizwire) — Department stores are undergoing renovations to attract the so-called MZ generation, encompassing the Millennials and Generation Z. After its first renovation in 11 years, Hyundai Department Store’s Jungdong Branch reopened the ‘U-Plex’ Fashion House on Wednesday in Bucheon, west of Seoul. The store houses 130 domestic and international fashion [...]

Department Stores to Hold Eco-friendly Sales Promotion to Celebrate World Environment Day

Department Stores to Hold Eco-friendly Sales Promotion to Celebrate World Environment Day

SEOUL, June 3 (Korea Bizwire) — Major department stores are launching an eco-friendly campaign to celebrate World Environment Day (June 5), selling a variety of fashion goods made from textile wastes. Hyundai Department Store will hold a special promotion of eco-friendly upcycling brands on its official online shopping mall, thehyundai.com, until June 11. Upcycling refers [...]

Department Stores Expand VIP Programs to Boost Sales

Department Stores Expand VIP Programs to Boost Sales

SEOUL, March 30 (Korea Bizwire) – Recently, the department store industry has begun to make an all-out effort to secure VIP customers who spend more than ordinary customers. Department stores have suffered fallout from the surge in popularity of online shopping malls for years, but sales have come under further pressure with the coronavirus outbreak. [...]

Department Stores Target Big Spenders with Tailored Services

Department Stores Target Big Spenders with Tailored Services

SEOUL, Nov. 30 (Korea Bizwire) — Big-spending customers are a prime target for car companies, luxury brands, department stores and most other businesses as their purchasing can make up a huge portion of their revenues. South Korea’s department stores are elevating their VIP shopping experience by refurbishing their outlets, expanding their VIP concierge services and [...]

Future of Korea Sale FESTA in Doubt as Department Stores Pull Out

Future of Korea Sale FESTA in Doubt as Department Stores Pull Out

SEOUL, Oct. 21 (Korea Bizwire) — The annual Korea Sale FESTA (KSF), which has failed to gain popularity among manufacturers and consumers in the past, faces another challenge this year. Department stores have reported that they will not take part in the event this year. The KSF is a nationwide shopping festival involving major retailers, [...]

Shinsegae Launches Restaurant Queue App

Shinsegae Launches Restaurant Queue App

SEOUL, Sept. 4 (Korea Bizwire) — Shinsegae Group, which operates high-end department stores throughout the nation, announced that it is launching a new smartphone app that will allow shoppers to check, in real-time, the wait time at restaurants situated within Shinsegae malls. Through the service, which launched at Shinsegae’s Gangnam branch yesterday and will roll [...]