Retail Archives | Be Korea-savvy
Automobile, Retail Industries Look for Synergy Through Cooperation in Car Sales

Automobile, Retail Industries Look for Synergy Through Cooperation in Car Sales

SEOUL, April 11 (Korea Bizwire) — Automotive sales channels that have been limited to offline dealers are now expanding towards retail industries, including large discount stores and online malls, amid a shift in the automotive retail paradigm. Large discount store chains E-Mart Inc. and Homeplus Co. each set up a showroom for Hyundai Motor Co.’s [...]

Retail Sales Up 8.2 pct in September on ‘Revenge Shopping’ amid Pandemic

Retail Sales Up 8.2 pct in September on ‘Revenge Shopping’ amid Pandemic

SEOUL, Oct. 28 (Korea Bizwire) — Retail sales in South Korea surged 8.2 percent in September from a year earlier, data showed Thursday, as consumers turned to “revenge shopping” amid the prolonged virus pandemic. The combined sales of 25 major offline and online retailers reached 13.2 trillion won (US$11.26 billion) last month, compared with 11.9 [...]