Tag: retail industry

retail industry

Latest News

Employees of Incheon Regional Customs inspect directly purchased overseas goods at a logistics center in Incheon on Nov. 22. [NEWS1]

Desperate Korean retailers urge workers to voluntarily resign

Korean retailers are pushing for voluntary resignations to slim down their workforces amid a prolonged period of tough trading.

2023.11.29

A traditional market in Chuncheon, Gangwon, remains uncrowded even before a Lunar New Year holiday on Jan. 27. [YONHAP]

'Is Homeplus open?' becomes a question of political import.

Enacted in 2010, the Distribution Industry Development Act prohibits a discount mart from operating within 1 kilometer (0.62 mile) of a traditional marketplace to protect small businesses in traditional markets.

2022.2.22

Shoppers flock to luxury goods over holidays

Retail companies reported the number of customers and sales increased significantly during the holidays, compared to the same period last year. Luxury items benefited from consumers who ramp up spending to compensate for months of social distancing.

2020.5.6

Tag: retail industry

retail industry

Latest News

Desperate Korean retailers urge workers to voluntarily resign

'Is Homeplus open?' becomes a question of political import.

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Shoppers flock to luxury goods over holidays