discount store chains Archives

Won’s Tumble Prompts Discount Stores to Defend Price of Imported Food Products

SEOUL, Oct. 4 (Korea Bizwire) — With the Korean won plunging to record lows against the US dollar, discount store chains are scrambling to find ways to limit price increases for imported food products. Emart Inc. has been following changes in exchange rates in real-time, purchasing imported products with the exporting country’s currency. As a [...]

Heavily-discounted Fried Chicken at Discount Stores Enjoys Rising Popularity amid Inflation

SEOUL, Aug. 12 (Korea Bizwire) — Heavily-discounted fried chicken buckets released by discount store chains are gaining rising popularity in South Korea amid sky-high inflation. Discount store chain Homeplus started selling 30 to 50 buckets of fried chicken a day at each store from June 30. As of Wednesday, the company had already sold more [...]