SEOUL, April 24, (Korea Bizwire) — South Korea’s retail sector is undergoing a seismic shift as e-commerce giants and traditional retailers alike double down on fresh food—a category once dominated by brick-and-mortar stores—as a key to future growth and survival. Coupang, the country’s leading e-commerce platform, is aggressively expanding its fresh food business in 2025, [...]
SEOUL, Mar. 19 (Korea Bizwire) – With apple prices hitting record highs and fresh food costs skyrocketing, retail chains in South Korea are deploying innovative techniques to extend the shelf life of fruits and vegetables, seeking to minimize wastage of these increasingly precious and perishable commodities. At Lotte Mart, the company has been installing “Pure Space” [...]
SEOUL, Sept. 3 (Korea Bizwire) — WeMakePrice, a local open market operator, announced Wednesday that it will expand the ‘Fresh Food Quality Guarantee Program’ that promises a full refund if customers aren’t satisfied with the quality of fresh food, to cover all agricultural, fisheries, and livestock products. The new initiative comes after the program was [...]
SEOUL, Jul. 6 (Korea Bizwire) — An increasing number of South Korean consumers are rushing to online stores to buy fresh food products that have traditionally been purchased at large supermarkets or hypermarkets. According to mobile e-commerce company Ticket Monster, the company’s online “supermarket” that sells daily necessities via the Internet revealed today that fresh [...]
SEOUL, Jun. 27 (Korea Bizwire) — South Korea ranked No. 1 in terms of e-commence for grocery shopping, far outpacing other major developed countries, an industry report showed Tuesday. According to the report by industry tracker, Kantar Worldpanel, the percentage of fast-moving consumer goods (FMCG) shopping via online and mobile channels out of all purchases [...]
SEOUL, Nov.11 (Korea Bizwire) – The American membership-only warehouse club ‘Costco Wholesale Korea’ opened its online shopping mall (www.costco.co.kr) on November 10. It is the first among the Asian countries Costco has entered, and the fifth online shopping site after the U.S., England, Canada and Mexico. Customers that are Costco members who register online can [...]