This picture taken on Sept. 8, 2024, exhibits a employees member restocking merchandise at a GS25 comfort retailer in Seoul. Yonhap
Gross sales at Korean comfort retailer chains ranked second amongst offline purchasing shops after department shops within the first half, the commerce ministry mentioned Tuesday.
The ratio of gross sales in comfort shops got here to 16 p.c within the January-June interval following department shops’ 16.8 p.c, information from the Ministry of Commerce, Trade and Vitality confirmed.
Comfort shops exceeded giant low cost shops when it comes to annual gross sales ratio for the primary time in 2021 and have since maintained the second-ranking place, the ministry mentioned.
Customers spend much less at department shops resulting from excessive rates of interest and excessive shopper costs, whereas gross sales at comfort shops are on the rise resulting from larger demand from single-person and two-person households, it mentioned. (Yonhap)
