SEOUL, Jan. 16 (Korea Bizwire) — South Korea’s annual winter shopping festival for foreign tourists kicked off its 45-day run on Thursday. Korea Grand Sale 2020 will run until Feb. 29, offering foreign visitors discounts at some 1,100 retailers and service providers across the country, a record high number. Along major tourist routes across South [...]
SEOUL, Sept. 23 (Korea Bizwire) — Sales of this year’s state-led annual wintertime shopping festival aimed at attracting foreign tourists to Korea jumped nearly 40 percent to reach the milestone of 1 trillion won (US$839 million), data showed Monday. Sales from the Korea Grand Sale 2019 came to 1.25 trillion won, compared with 900.7 billion [...]
SEOUL, Jan. 15 (Korea Bizwire) — The 2019 Korea Grand Sale, a shopping festival for foreign tourists, is to be held from January 17 to February 28. Roughly 850 South Korean firms will participate in the festival to provide extensive discounts to foreign tourists on variety of items. Airlines will be selling flight tickets at [...]
SEOUL, Dec. 10 (Korea Bizwire) — South Korea will hold the 2019 Korea Grand Sale, an annual sales event to woo foreigners, early next year, the Visit Korea Committee (VKC) said Monday. During the upcoming discount event, which will take place from Jan. 17 to Feb. 28, local businesses will offer steep discounts and a [...]
SEJONG, April 19 (Korea Bizwire) – South Korea will hold this year’s nationwide shopping festival involving retailers and traditional markets in the fall to attract foreign shoppers and boost lackluster domestic consumption, the government said Wednesday. The Ministry of Trade, Industry and Energy said the “Korea Sale FESTA,” will take place from Sept. 28 to [...]
SEOUL, June 21 (Korea Bizwire) – South Korea will hold a nationwide shopping festival involving major retailers, manufacturers and traditional markets in the fall to draw foreign travelers and jack up lackluster domestic consumption, the government said Tuesday. The Ministry of Trade, Industry and Energy and the Ministry of Culture, Sports and Tourism jointly formed [...]
SEJONG, Jan.28 (Korea Bizwire) – A new iteration of the Korea Grand Sale, a shopping festival targeting foreigners visiting Korea, will be held during the month of February. The Ministry of Culture, Sports and Tourism and the Visit Korea committee announced that the Korea Grand Sale will be held from February 1 to February 29 [...]
SEJONG, Aug. 27 (Korea Bizwire) – ‘Spending Festivals’ targeting both Korean and foreigners are set to open nationwide. They are expected to be the Korean version of ‘Black Friday’ in the US. Department stores, grocery stores, traditional markets and even online shopping malls will participate in the event. In order to energize spending to revitalize [...]
SEOUL, Aug. 25 (Korea Bizwire) – It turns out that the Sinbaram Festival celebrating the 70th anniversary of independence, the designation of a temporary holiday, and the early Korea Grand Sale have had a great influence on the depressed economy. The Korea Economic Research Institute published a report analyzing the effects of the events that [...]
SEOUL, Aug. 11 (Korea Bizwire) – To revitalize Korea’s tourism industry and domestic demand dented by the recent outbreak of the Middle Eastern Respiratory Syndrome, the “Korea Grand Sale” will run for 79 days from August 14 to October 31. The Visit Korea Committee announced on August 11 that this year’s Korea Grand Sale would [...]