South Korea
Online shopping in South Korea up nearly 16% in December 2021
Transactions stood at KRW18.41t, Statistics Korea reported.
Online shopping in South Korea up nearly 16% in December 2021
Transactions stood at KRW18.41t, Statistics Korea reported.
Breitling opens largest flagship store in South Korea
The two-storey Breitling Townhouse in Hannam includes a restaurant and café.
South Korea’s e-commerce firms expand luxury goods service
SSG.com has expanded deliveries, while Lotte ON has rolled out repair services.
Lotte Group acquires entire stake in Ministop Korea for $263m
Lotte will take over 2,600 Ministop stores across South Korea.
South Korea’s retailers boosted by private brand products
The high inflation in the country has led to a boost in sales in cheaper private brands.
South Korea’s retailers pour investment to secondhand marketplaces
The used goods market has seen rapid growth in the past decade.
CU launches 50th convenience store outlet in Malaysia
The company is targeting to open more than 500 stores in Malaysia in five years.
South Korea sees retail recovery in 2021
E-commerce quickly gained market share in recent years.
Coupang raises service charge to cut losses
But an analyst fears that this will fall short of reaching profitability.
South Korean retailers get into upcycling initiatives
Hyundai Department Store is selling bags made from its old banners.
Starbucks Coffee bans disposable cups in Jeju Island
The company has set up 26 return slots for multi-use cups.
Korea’s first Western-style restaurant shuts down
Its location is expected to be renovated to make way for a haute restaurant complex.
South Korea dominated AliExpress’ Black Friday sales
The volume of parcels shipped to South Korea was the highest amongst all countries.
Emart24 rolls out emergency detection system in unmanned store
The system can detect customers collapsing or signs of property damage.
South Korean cafe A Twosome Place sold to Carlyle Asia Partners
The buyer is looking to strengthen the brand and optimize its store footprint.
South Korean retailers launch marketing blitzes to woo outdoor enthusiasts
Sales of outdoor activity products have been rising among retail giants.
Metaverse palatforms in vogue amongst South Korean retailers
CU’s BGF Retail and Lotte Department Store have expressed plans to host virtual events.
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Suntory Taiwan takes home win at FMCG Asia Awards 2024
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Co-Written / Partner
The ageing of its Kakubin brand brought the need for repositioning and premiumisation.
The ageing of its Kakubin brand brought the need for repositioning and premiumisation.
