More than 1,300 companies will give discount offers for the Korea Sale Festa event scheduled to run from Nov 1. to 15 this year, with hopes the event will boost consumption and help businesses.
Black Friday seems to be coming earlier every year, with retailers holding sales far ahead of the late November shopping event as they try to revive business lagging as a result of the pandemic.
LG Household & Health Care is estimated to have outperformed industry leader Amorepacific in the third quarter, thanks to a robust growth in the non-cosmetics business, a poll showed Tuesday.
The government will distribute vouchers and promote discount events to boost consumption and kick-start an economy troubled by the pandemic. The coupons can be used in eight business areas.
Sales of imported vehicles in Korea rose 15 percent in September from a year earlier due to strong demand for German cars, an industry association said Wednesday.
Lottery sales hit an all-time high in the first half possibly due to the economic impact of the pandemic.
Drive-up or curbside delivery is becoming ever more popular despite the end of Level 2.5 restrictions on Sunday night.
Overseas sales for large local companies in the second quarter declined almost 20 percent on year as the pandemic hit foreign economies and global demand.
Discount chains are shutting down branches as their sales dip from the Covid-19 crisis.
Posco International is expanding sales of steel online.