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Korea Bizwire

From the author

Famous Seoul retail strip Myeongdong’s vacancy rate exceeds 40 per cent

The surging vacancy rate in the prime shopping districts is attributed to an increasing number of store closings followi...
Covid test Korea

Seoul orders Covid tests for 128,000 department-store employees

Department stores in Seoul have recently become hotbeds of infection, with a total of 160 cases being reported as of Wed...

Anime craze drawing huge footfall at South Korean malls

Animate was visited by some 140,000 people over the past two months, up threefold from the same period last year (45,000...

Retailers Speed Up Competition over Quicker Delivery Services

Limited to areas in proximity of a local GS Supermarket, products ordered from the ‘U-dong Mart’ category listed in the ...

K-pop powerhouse JYP opens Tokyo pop-up store

The venue set up in the Ginza neighbourhood of the Japanese capital opened Saturday and is set to run until August 31.

South Korean retailers prepare final bids for eBay

The eBay Korea deal has drawn keen attention from the retail industry ever since the company first announced the M&A dea...

Starbucks Korea sees first-quarter earnings rise 78 per cent

Starbucks Korea on Thursday reported a 78 percent on-year jump in its first-quarter net profit, citing strong demand ami...

Korean convenience stores start selling Covid-19 self-testing kits

Coronavirus self-test kits became available in supermarkets and convenience stores across the country Thursday as South ...

‘Revenge consumption’ boosts South Korean luxury sales

As the prolonged pandemic has constrained the everyday lives of people for more than a year, more South Koreans, strippe...

CU’s first Malaysian store attracts 1000s during first 10 days

More than one third of total sales at CU Centrepoint consisted of instant food products from South Korea.