Tag: retailers

retailers

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

[THINK ENGLISH] 유통업계 실적부진에 “희망퇴직 받습니다”…11번가는 35세부터 대상

Korean retailers are pushing for voluntary resignations to slim down their workforces amid a prolonged period of tough trading. “It’s a winter colder than ever,” said a retail industry insider, who requested anonymity.

2023.12.6

[THINK ENGLISH] 유통업체들, 물가 폭등에 제품 가격 낮추려 안간힘

Discount marts and convenience stores are bending their own rules and buying commodities in huge quantities early to help customers deal with inflation.

2022.7.6

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Singer Hwang Gwang-hee, left, and rapper DinDin are featured in an entertainment show on Samsung C&T’s YouTube channel. [SAMSUNG C&T]

Indirect advertising catches on as companies pitch to tough crowds

Retail and fashion companies are pitching their products more subtly these days.

2021.8.7

Lotte Department Store in Yeongdeungpo branch in western Seoul closed on Sunday after one employee tested positive for Covid-19. [YONHAP]

Level 4 is a problem and an opportunity for retailers

Retailers are responding in their own ways to Level 4 social distancing rules, the highest on the four-level scale.

2021.7.11

An almost empty shopping mall in Seoul on Dec. 9. Fewer people are shopping at malls following the recent resurgence of Covid-19 cases, in which the social distancing restrictions were raised to Level 2.5 in Seoul and metropolitan areas on Dec. 8. [YONHAP]

Already hurting retailers prepare for Level 3 shutdowns

Level 3 has not been announced, but retailers are getting ahead of the curve and preparing for the worst.

2020.12.14

A big retailer in central Seoul is crowded with customers on Sept. 22. [YONHAP]

Online retailers increase commissions for sellers

While large retailers are collecting less in commissions from client companies, online channels are taking more, with some seeming to gouge sellers desperate to move products.

2020.12.9

A street in Myeong-dong in central Seoul, filled with banners promoting the Korea Sale Festa that kicked off Sunday and will run throughout Nov. 15. [NEWS1]

Korea Sale Festa is bigger than last year

The annual Korea Sale Festa kicked off this month with more than 1,600 companies taking part in Korea’s version of Black Friday.

2020.11.2

A CJ Logistics delivery person receives packaged food in celebration of package-free day Friday, intended to offer a rest to delivery people. [CJ LOGISTICS]

Happy Refresh Day! Unless you are waiting for a package

Friday has been declared a package-free day by some delivery companies, meaning that some orders placed this week will be delayed until early next week.

2020.8.12

Customers shop for filtered shower heads at a local discount mart following recent reports of bugs discovered in water. [NEWS1]

Bugs in your water? There's a retail solution to that!

Since worm-like organisms were found in water treatment plants, sinks and showers, demand for bottled mineral water and filtered shower heads has skyrocketed.

2020.7.22