SEOUL, Oct. 4 (Korea Bizwire) — Department stores and shopping malls are targeting so-called ‘pet-fams’ or family consumers with pets to attract more customers in the pandemic era. Cocco Square, a lifestyle shop for pets, opened at Lotte Premium Outlet Time Villas in in Uiwang, Gyeonggi Province on Sept. 10, taking up four floors. Cocco [...]
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 [...]
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 [...]
SEOUL, Aug. 10 (Korea Bizwire) — Sales of department stores in South Korea grew at the fastest-ever clip in the second quarter of the year amid the coronavirus pandemic, data showed Tuesday. Local department stores saw their sales in terms of constant prices soar 20.3 percent on-year in the April-June period, according to the data [...]
SEOUL, Aug. 9 (Korea Bizwire) — New department stores are introducing cutting-edge COVID-19 quarantine systems. Lotte Department Store Dongtan, set to open on Aug. 20 in Hwaseong, Gyeonggi Province, has set up an air shower facility at major entrances that blows off dust and particles as visitors enter the building. The company also introduced an [...]
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, 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 [...]
SEOUL, May 19 (Korea Bizwire) — South Korea’s major department stores, which have placed top priority on attracting customers to their stores, are now stepping into near-distance delivery services for food and beverage being sold at food courts and in-store restaurants. They are expanding the scope of ‘dawn delivery’ and ‘free return’ services in collaboration [...]
SEOUL, May 17 (Korea Bizwire) — Pop-up boutiques at department stores are turning into platforms for exhibitions and simulations to attract members of the MZ generation who are more accustomed to online shopping than offline. The MZ Generation encompasses millennials and Generation Z, referring to those born between 1980 and 2010. Since May 7, Lotte [...]
SEOUL, April 29 (Korea Bizwire) — Department stores are scrambling to set up English kids cafes to attract young parents with large purchasing power. A kids’ cafe is a large-scale indoor playground that comes with a cafe lounge for adults, a popular private facility among younger parents. Lotte Department Store Gimpo Airport will open a [...]