South Korean retailer Archives

Retail Industry Up in Arms Over Government Regulations

SEOUL, Sept. 11 (Korea Bizwire) – South Korean retail businesses are on a collision course with the government following a series of regulations recently imposed on an already struggling industry amid a long-term national economic slump. Hit by a lack of consumer confidence and sluggish economic growth, the retail industry is decrying new regulations put in [...]

30-Something Women Biggest Spenders in South Korea’s International Shopping Industry

SEOUL, Jun. 28 (Korea Bizwire) — South Korean women in their 30s have become the biggest spenders in the country’s international shopping market during the first half of 2017, according to a sales report from online shopping giant 11street. From a high-end vacuum cleaner to milk powder, women in their 30s have dominated international shopping [...]