South Korean retail sales post solid first-half rise

Online-shopping-with-credit-card

South Korean retail sales rose 7.4 per cent in the first half of this year based on solid performance in e-commerce.

Data from the Ministry of Trade, Industry and Energy showed online sales running 16.3 per cent higher than during the same time last year, while offline sales rose just 2.7 per cent.

Grocery shopping via online malls with home delivery saw a major rise this year, with a 20.8 per cent increase in sales over last year.

Similar rises were reported for convenience stores, department stores and online marketplaces, although a 1.8 per cent drop hit large discount store chains.

Inside Retail Asia

Illuminated Hard Rock logo sign in front of a metal globe sculpture at Hard Rock Hotel Goa

Accor Hard Rock Partnership: Ennismore to Lead Hotel Growth Abroad

Hyatt, Artal Hotels and Amsa Hospitality representatives at the Riyadh signing for Unscripted by Hyatt

Hyatt Saudi Arabia Franchise: Unscripted by Hyatt Debuts in Riyadh

Baristas serving a customer at a Cooks Coffee Company franchise cafe counter

Cooks Coffee Sales Rise 14.3% as India and UAE Stores Near Opening