In the country’s retail industry, some like it hot

Home > Business > Industry

print dictionary print

In the country’s retail industry, some like it hot


A pedestrian passes by a store in Dongdaemun, central Seoul, last week where electric fans are on sale. [NEWS1]

Not everyone is tossing and turning late at night from the recent humid summer heat. Retailers are seeing significant increases in sales of summerrelated products including cool mats and icy cold treats.

According to Lotte Department Store, cool mat sales have surged 26 percent this month compared to the same period last year. Last month, cool mat sales were up 18 percent.

Hyundai Department Store said sales of patbingsu, shaved ice topped with red bean paste, at restaurants and delis have gone up 26 percent since Aug. 5.

The department store’s branches in Apgujeong and Samseong, both in southern Seoul, sold more than 2,500 patbingsu dishes last Tuesday alone.

“As more people started moving indoors to avoid the heat outside, related sales have increased,” said a Hyundai Department Store official.

Shinsegae Department Store said sales of lighter bed sheets made of cool fabrics have gone up 15 percent.

Fruit sales, which had been growing about 2 percent for the past month, grew significantly. Sales of watermelons and cantaloupes are now growing above 10 percent year-on-year.

Cooling products are sold the moment they hit the shelves at discount stores.

The nation’s leading discount store E-mart said air conditioner sales soared by 140 percent the first nine days of this month compared to the same period last year.

Electric fan sales are up 48 percent. Lotte Mart said this month that sales coolers are growing at an exceptional rate.

The summer heat continuing late at night is also helping sales of online retailers as many consumers are ordering cold drinks like beer and peanuts for late night snacks.

Interpark, an online auction and shopping mall, said orders on nuts and raisins were up 17 percent, while crackers and snacks jumped 10 percent.

Furthermore, Interpark said sales of energy drinks and vitamin products have seen growth of 140 percent year-on-year in the first two weeks of this month. Auction made a similar claim, saying sales of health supplements including vitamins and red ginseng products were off the charts, spiking 400 percent year-on-year.

“As many people are finding it difficult to get sleep because of the humid summer heat, they seem to be looking for products that could ease their fatigue,” said Kim Jong-dae at Interpark shopping department.

Log in to Twitter or Facebook account to connect
with the Korea JoongAng Daily
help-image Social comment?
lock icon

To write comments, please log in to one of the accounts.

Standards Board Policy (0/250자)

What’s Popular Now