Korea Joongang Daily
Korea JoongAng Daily

Gov't produce discount to expand to all domestic agricultural products

The government will expand its produce discount program to include all domestic agricultural products starting next Thursday.

2025-05-16

Industrial output up 0.9 percent in March; retail sales down 0.3 percent

Korea's industrial output edged up in March from the previous month, supported by strong semiconductor production, despite a prolonged slump, data showed Wednesday.

2025-04-30

Six of 10 self-employed businesses die before age five, says tax service

Six out of ten self-employed businesses in Korea close within five years of opening, with survival rates varying widely depending on the type of business, according to data from the National Tax Service (NTS).

2025-04-29

Retail sales up over 9 percent in March on strong performance of e-commerce

Korean retail sales rose 9.2 percent in March on robust online demand for food and daily necessities, data showed Tuesday.

2025-04-29

Korea to apply AI technology in retail businesses to boost productivity

Korea will work to apply AI technology in retail businesses as part of efforts to enhance the productivity of the highly competitive sector, the Ministry of Trade, Industry and Energy said Wednesday.

2025-04-23

Sunday supermarket closures could be pushing consumers to shop online, study finds

A government policy designed to protect traditional markets by forcing large discount retailers to shut down twice a month may be backfiring, accelerating the decline of both traditional markets and brick-and-mortar stores, a new study suggests.

2025-04-15

CU's competitive next-day delivery service prepares for battle

Convenience store chain CU, operated by BGF Retail, is launching a next-day delivery service as the battle for faster shipping, sparked by e-commerce giants like Coupang, spreads beyond major retailers to convenience stores.

2025-04-14

'Very Important Babies': Retailers target younger customers with colorful stores and snacks

Retailers in Korea are targeting 'Very Important Babies' by enhancing children's sections with premium products, kid-friendly menus and snacks.

2025-04-10

Consumers drag their feet: Retail sales take a 1.7% hit in February

A pedestrian walks past a shoe store in the shopping district of Myeong-dong in central Seoul on April 1.

2025-04-01

Korea sees economic boost as output, sales and investment all rise in February

Korea's industrial output, retail sales and facility investment increased from a month earlier in February, data showed Monday, marking the first time in 17 months that the three key indicators have risen simultaneously.

2025-03-31