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Online Retailers Introduce Eco-friendly Delivery Services

Online Retailers Introduce Eco-friendly Delivery Services

SEOUL, Apr. 18 (Korea Bizwire) — Online retailers in South Korea are scrambling to offer eco-friendly delivery services as environmental awareness is spreading among local consumers. Hello Nature, a South Korean online food market, announced on Wednesday that it will replace all delivery materials with boxes made of recyclable woven polyethylene and ice packs made [...]

Fashion, Beauty Retailers Eye Hybrid Store

Fashion, Beauty Retailers Eye Hybrid Store

SEOUL, Mar. 25 (Korea Bizwire) — A number of fashion and beauty retailers have opened new hybrid stores that house numerous brands in one place, industry sources said Monday. The move is apparently aimed at putting various brands in the same store to lure more customers in a highly competitive environment driven by increasingly price-conscious [...]

Retailers Turn to Eco-friendly Packaging Ahead of Lunar New Year Holiday

Retailers Turn to Eco-friendly Packaging Ahead of Lunar New Year Holiday

SEOUL, Jan. 24 (Korea Bizwire) — Lotte Department Store reported on Wednesday that it was making use of recyclable or biodegradable packaging for its Lunar New Year gift sets, which are going to be sold until February 4. Lotte also used cooler bags, which can be reused as shopping bags, for its meat set packaging, [...]

From TV to Online, Offline, S. Korean Retailers Go Beyond Boundaries

From TV to Online, Offline, S. Korean Retailers Go Beyond Boundaries

SEOUL, Aug. 16 (Korea Bizwire) — South Korean retailers are increasingly crossing the boundaries between their commerce platforms from television to offline and online to attract more customers, market watchers said Thursday. Shinsegae TV Shopping Inc., the home shopping arm of retail giant Shinsegae, is set to open an offline shop for luxury goods sold [...]

Retailers Add Evening Classes at Culture Centers to Match Shorter Working Hours

Retailers Add Evening Classes at Culture Centers to Match Shorter Working Hours

SEOUL, Jun. 19 (Korea Bizwire) — Retailers are adding evening programs at their culture centers to accommodate office workers who will have extra time due to shortened legal working hours starting next month, industry officials said Tuesday. More customers are registering in evening classes at some retailers, including Hyundai Department Store, which increased after-work programs [...]

Tyco Retail Solutions Helps Retailers Protect More of What’s in Store with Over 63 Billion Items “Retail-ready”

Tyco Retail Solutions Helps Retailers Protect More of What’s in Store with Over 63 Billion Items “Retail-ready”

NEUHAUSEN, Switzerland, Feb. 5 (Korea Bizwire) — Tyco Retail Solutions today announced it has surpassed 63 billion consumer products source tagged to date, helping retailers protect more of what’s in store. Setting a retail industry milestone with Sensormatic merchandise source tagging, the program has also achieved seven years of consecutive growth since 2011. Tyco’s program [...]

Online Malls Suffer Losses in Keen Competition Despite Growing Sales: Sources

Online Malls Suffer Losses in Keen Competition Despite Growing Sales: Sources

SEOUL, Dec. 13 (Korea Bizwire) — South Korea’s online shopping malls are expected to post a combined 1 trillion won (US$915 million) operating loss this year as they offer excessive discounts in a competition with rivals to dominate the growing market, industry sources said Wednesday. The rising losses over the past few years come amid [...]