department stores Archives | Be Korea-savvy
Department Stores and Supermarkets Report Mixed Results Despite Increase in Outdoor Activities

Department Stores and Supermarkets Report Mixed Results Despite Increase in Outdoor Activities

SEOUL, Nov. 10 (Korea Bizwire) — Department stores have reported strong sales thanks to the increase in outdoor activities resulting from the lifting of social distancing rules, but smaller stores have seen their sales stagnate. The nation’s retail sales amounted to 408.4 trillion won in the January to September period of this year, up 7.4 [...]

Major Department Stores Add More Luxury Brand Shops

Major Department Stores Add More Luxury Brand Shops

SEOUL, Sept. 21 (Korea Bizwire) — South Korea’s major department store chains are actively adding more luxury brand shops specializing in men’s wear, women’s wear and shoes amid higher demand for luxury goods. Galleria Department Store, for instance, recently opened a Dior shoe shop at its Luxury Hall in southern Seoul, while Shinsegae Department Store [...]

Department Stores Tap into Artwork Sales

Department Stores Tap into Artwork Sales

SEOUL, Sept. 23 (Korea Bizwire) — With the expansion of the art market, department store chains are also jumping into selling artwork. Lotte Department Store opened up its galleries not only for exhibitions but also for selling artwork. The department store chain decided to have ‘Art Lotte,’ an artwork sales exhibition, as a regular event [...]

Cosmetics Salespeople at Department Stores to Strike During Chuseok Holiday

Cosmetics Salespeople at Department Stores to Strike During Chuseok Holiday

SEOUL, Sept. 16 (Korea Bizwire) — Department store salespeople from three foreign cosmetic brands will go on strike for two days during Chuseok holiday, demanding improvements to their work environment, welfare and work-life balance. Labor unions from L’Oreal Korea, Chanel Korea and Shiseido Korea under the Korean Federation of Service Workers Union are organizing the [...]

Local Supermarkets Struggle While Department Stores Enjoy Revenge Consumption

Local Supermarkets Struggle While Department Stores Enjoy Revenge Consumption

SEOUL, Aug. 2 (Korea Bizwire) — Department stores and shopping malls are seeing a sales recovery following this year’s so-called ‘revenge spending’ trend, but local supermarkets are still struggling to stay afloat. The Korea Small Business Institute (KOSBI) and Statistics Korea reported 43.8 trillion won (US$38.1 billion) in retail sales in May, with department store [...]

Seoul Orders COVID-19 Tests for 128,000 Department Store Employees

Seoul Orders COVID-19 Tests for 128,000 Department Store Employees

SEOUL, July 16 (Korea Bizwire) — The Seoul metropolitan government said Friday it is ordering some 128,000 employees of department stores to take preemptive COVID-19 tests as a precaution against further cluster infections at the stores. The city government will issue an administrative order later Friday under which all managers and workers at 32 department [...]