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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 [...]