From the author
How Shinsegae is betting on an aggressive M&A strategy to drive growth
The retail giant has spent over 4 trillion won on M&As this year including the SK Wyverns of the Korea Baseball Organiza...
Korean department stores diversify into food delivery services
They are expanding the scope of ‘dawn delivery’ and ‘free return’ services in collaboration with their affiliated online...
Some luxury brands thriving in Korea despite pandemic
Consumers, denied oversea travel, have resorted to spending on luxury goods instead, gaining popularity among the MZ Gen...
Korean websites fined for discriminating against visually impaired people
Collective suit filed against SSG.com, Lotte Mart and e-Bay Korea by 960 visually-impaired people.
South Korean perfume sales surge despite shrinking cosmetics market
“Consumers are replacing cosmetics with perfumes as a way of expressing themselves in the pandemic era."
GS Retail recruits local residents to deliver products
Convenience-store franchise GS Retail plans to hire local residents with ample knowledge about their neighborhoods to sp...
South Korean discount warehouses prosper during pandemic
Unlike shopping malls struggling in the aftermath of the onset of the coronavirus pandemic, discount warehouses are seei...
South Korean department stores look to VIPs as sales slide
South Korea's department-store industry has launched an all-out effort to secure VIP customers who spend more than ordin...
Convenience stores in South Korea outperform supermarkets
The slump in fortunes at large discount stores is continuing and the growth of convenience stores in South Korea is acce...
The ‘Flex’ consumption trend: spend and boast
One in two South Koreans in their 20s and 30s positively perceice the “flex” consumption trend, in which people boast w...
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