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Costco-like warehouse style supermarkets are benefiting from the pandemic as shoppers are visiting stores less frequently but buying more at each shopping trip.

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The data released by the Ministry of Trade, Industry and Energy showed that the country’s retail sales were up by 2% YoY (year-on-year), driven by increased online sales of sanitary items and food products in the face of coronavirus. Growth driven by online sales Total retail sales reached US$9.65 bn in May, up from US$9.5 bn the previous year. Online was the key growth driver, with sales u...
The US social media giant hopes to increase its market share in a competitive market dominated by local players. Rolling out online store, Facebook Shops Facebook has rolled out its latest innovation, Facebook Shops, in South Korea. Sellers can create their own collection and customize the look and feel of the shop with images and colours that showcase their brand. Shoppers can browse ...
The South Korean ecommerce platform provider is teaming up with social media influencers around the world to support local companies. A move to support SMEs Recognising Korean small and medium-sized enterprises (SMEs) are keen to move in-store experiences online post-COVID, Gmarket is rolling out a new service that pairs up SMEs with relevant social media influencers around the world. The n...


South Korea’s convenience stores are an integral part of the country’s fast paced lifestyle. In this report, we showcase a collection of best practices from the country’s leading convenience store operators, which are 7-Eleven, CU, GS25 and Emart24.
LOTTE Shopping in South Korea launched livestreaming as an alternative marketing tool to win customers.
Lotte Department Store, one of South Korea’s major department-store chain operators, will introduce a do-not-disturb shopping service it dubs ‘shop-alone’.
An LG robotic waiter has made its debut at a local restaurant in Seoul, South Korea.
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Key presentation

This guide to South Korea explores the key trends in grocery retail, the outlook for the country’s differing channels over the five year forecast period and the growth strategies of its leading retailers.

Five year growth forecasts for the grocery market, the leading retailers and modern trade grocery channels in South Korea.

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