Drafting off of sales holidays in other countries, Korea e-commerce operators enjoyed strong sales in early November.
Shinsegae Department Store’s net profit dropped 98.3 percent on year in the third quarter, as nationwide social distancing affected sales.
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.
For the lucky few, shopping is all about private suites, cocktail parties overlooking the Han and private shoppers at your beck and call. You only have to be young, and rich.
Models pose with spaghetti noodles that can double as straws at Shinsegae Department Store’s main branch in Seoul on Thursday.
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.
Koreans in their 20s and 30s are turning to golf in search of new leisure activities that can replace travel amid the coronavirus pandemic.
Shinsegae Group’s Emart announced a major personnel reshuffle on Thursday.
Seasonless fashion has gained popularity both in Korea and internationally this year as people spend more time indoors due to the coronavirus pandemic.
Shinsegae Property is opening a new Starfield shopping complex in Anseong, Gyeonggi, on Wednesday.