CU convenience stores are taking on e-commerce operators and giant retailers by allowing customers to buy more things from an app -- and delivering them to their doors for free.
Local media reports put the total amount that was being offered at 30.21 percent.
Summer is here, and so are the sales, as the government continues to promote events in an effort to pump up the economy and drive demand.
Ministry of SMEs and Startups is promoting a big sale event in an effort to boost consumption and help small- and mid-sized businesses that were hit hard by the coronavirus pandemic.
Banners announced the annual spring sale line at Lotte Department Store headquarters in Jung District, central Seoul, on Monday.
Apartment complexes in Seoul seen through the observatory at the 63 Building in Yeouido, western Seoul, on Sunday. The rise in prices of apartments in the capital city has been slowing as the sales price only rose by 0.13 percent as of March 5.
President Moon Jae-in during a meeting with the Land Ministry ordered the government to “boldly increase” housing supply in hope of slowing the rise in prices.
The annual Korea Grand Sale — one of the largest sale events for non-Korean nationals — will go ahead this year, but like many events in the Covid-era, will be held entirely online.
Retail companies in Korea are going minimalist when it comes to post-CSAT promotions this year, as strict social distancing measures are in place amid the rising number of coronavirus cases in the country.
While the Korean Sale Festa has yet to end, retailers say they will kick off year-end sales this month, hoping to keep the retail excitement going.