Korea

How South Korea’s supermarkets lure in neighborhood customers

Customers have been shopping more through local shops and online platforms.

How South Korea’s supermarkets lure in neighborhood customers

Customers have been shopping more through local shops and online platforms.

Shinsegae’s Emart offers ‘e-money’ to customers

Shoppers can save up to 3,000 points by finding products sold cheaper elsewhere.

South Korea’s department stores scramble for better products

The rapid rise of online shopping has weakened their status amongst SMEs.

South Korea's Smartstore sellers to get payments in one go

This will apply to sellers with sales of more than $900 for three consecutive months.

South Korea's SK Group buys 16.3% stake in VinCommerce

They will collaborate to invest in retail, logistics, and electronic payments.

South Korea's SK Group buys 16.3% stake in VinCommerce

They will collaborate to invest in retail, logistics, and electronic payments.

South Korea's supermarkets ramp up fresh-food and delivery services

GS’ one-hour delivery service saw a 457% surge in demand between December 2020 and March 2021.

South Korea's retailers scramble to ride the live commerce wave

Online platforms such as Naver and Kakao have joined in, ahead of retailers.

Emart's supermarket unit fined over unfair business practices

The company reportedly returned unsold seasonal products to suppliers.

Shinsegae enters $221m share swap deal with portal operator Naver

The two companies agreed to collaborate in a meeting last January.

Check out the four preliminary bidders eyeing eBay Korea

Major players are seeking M&As to survive in the country’s e-commerce sector.

South Korea's top health and beauty stores declined in 2020

This halted a steady growth amidst a shift towards online channels.

Hyundai opens nature-friendly department store in Seoul

Nearly half of the total area is decorated with indoor landscaping and rest areas.

South Korea's department stores hit pre-pandemic sales levels

Sales doubled for Hyundai, Lotte, and Shinsegae on 7-5 March.

South Korea's Market Kurly seeks IPO in 2021

The company is still mulling a NYSE debut, which will require the firm more analysis.

South Korea to revise e-commerce trade law

Both platforms and merchants may be held responsible for defective goods.