South Korea Retail
Paris Baguette operator buys full stake in restaurant chain Lina’s
Paris Baguette operator buys full stake in restaurant chain Lina’s
SPC Group plans to expand Lina’s presence to North America and Southeast Asia.
South Korea’s GS25 donates inventory of closed stores
The inventory was sent to a rehabilitation facility for PWDs.
South Korea’s skincare market to reach $11.4b by 2026
This is up from $8.5b in 2021 projected by GlobalData.
South Korea consumer spending to grow 2.8% in 2022: Fitch
Real household spending for 2022 will exceeds pre-pandemic levels.
South Korea’s retail sales grow 10.6% YoY in April
Online and offline retailers posted 11%, and 10.2% growth, respectively.
South Korean retailers expand entertainment space on-site
A Lotte Mart outlet opened a futsal court, whilst a Homeplus store built a swimming pool.
South Korean retailers expectations high as restrictions ease
But there are concerns lifting of social distancing rules could hit large discount stores.
South Korea-based CU opens 200th outlet in Mongolia
The convenience store chain made forays in the market four years ago.
South Korea retail sales climbs 4.7% in February
Online sales during the month offset the decline seen in offline sales.
South Korea retail sales show sign of recovery: report
Fitch noted the country posted growth as high as its pre-pandemic levels.
South Korean retailers cut back on promotions
Department stores and malls have shut down promotional events due to quarantine protocols.
South Korea sees retail recovery in 2021
E-commerce quickly gained market share in recent years.
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