MZ generation Archives | Page 2 of 3 | Be Korea-savvy
Majority of Young Koreans Concerned About Wealth, Income Inequality

Majority of Young Koreans Concerned About Wealth, Income Inequality

SEOUL, June 23 (Korea Bizwire) — More than two thirds of South Koreans from the so-called MZ generation see income inequality as a social problem. Accounting firm Deloitte Anjin LLC announced the results of a survey conducted by Deloitte Global with the participation of 22,928 millennials (born between 1983 and 1994) and Generation Z (born [...]

Pop-up Stores Evolve to Attract MZ Generation

Pop-up Stores Evolve to Attract MZ Generation

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 [...]

Big Business Aghast by Young Workers Insisting on Proper Bonus Payments

Big Business Aghast by Young Workers Insisting on Proper Bonus Payments

SEOUL, Feb. 8 (Korea Bizwire) — While conglomerate employees have always had complaints about bonus payments, the issue has once again reached a head after this year’s raging disputes between management and labor unions have spotlighted the importance of rewarding systems and internal communication. While SK hynix Inc., South Korea’s No. 2 chipmaker, took the [...]

Department Stores Renovate Outlets Targeting Young Customers

Department Stores Renovate Outlets Targeting Young Customers

SEOUL, Oct. 4 (Korea Bizwire) — Major local department stores have renovated their outlets in bustling areas and realigned sales sections in an effort to attract a new clan of young customers amid faltering sales hit by the new coronavirus outbreak, industry sources said Sunday. Industry leader Lotte Department Store and its main rivals Shinsegae [...]

Department Stores Undergo Renovations to Attract Future VIP Shoppers

Department Stores Undergo Renovations to Attract Future VIP Shoppers

SEOUL, Sept. 23 (Korea Bizwire) — Department stores are undergoing renovations to attract the so-called MZ generation, encompassing the Millennials and Generation Z. After its first renovation in 11 years, Hyundai Department Store’s Jungdong Branch reopened the ‘U-Plex’ Fashion House on Wednesday in Bucheon, west of Seoul. The store houses 130 domestic and international fashion [...]