spending patterns Archives

Heat, Tropical Nights Trigger Changes in Spending Patterns

SEOUL, Aug. 5 (Korea Bizwire) — The sizzling summer temperatures and tropical nights are having an effect on the spending patterns of consumers. More and more consumers are shopping at night or in the evening, when the weather is relatively cool. In addition, an increasing number of consumers are placing orders online. Hyundai Department Store [...]

Foreign Tourists Buy Fashion Goods in Gangbuk, Luxury Items in Gangnam

SEOUL, Dec. 14 (Korea Bizwire) — The spending patterns of foreign tourists, which have been concentrated on cosmetics in the past, are undergoing a transformation, while the number of foreign tourists visiting Seoul is predicted to surpass 12 million this year. Shinsegae Department Store said on December 13 that customers at the brand’s Gangbuk store [...]