Sales at Department Stores Shrink in 2017 Amid Rising Online Shopping

SEOUL, Feb. 9 (Korea Bizwire) – South Korean department stores saw their sales fall last year, as the use of online platforms has fully caught on with local consumers due to its fast delivery and convenient payment options, government data showed Friday. Combined sales at local department stores reached 29.24 trillion won (US$26.7 billion) last [...]