Retail/Tourism

Retail/Tourism

#retail giants-online business
(News Focus) Retail giants evolving after learning hard lessons from e-commerce rivals
By Kim Han-joo SEOUL, June 18 (Yonhap) -- It is hard for consumers to live without online and mobile shopping, and for retailers already struggling with a slump in store traffic and the subsequent ... 15:21 Jun. 18
#tourism
Average spending by foreign tourists to S. Korea tumbles in Q1
SEOUL, June 18 (Yonhap) -- Average spending by foreign tourists visiting South Korea has decreased to a level last seen 10 years ago, data showed Tuesday. According to the data from the Ministry... 12:44 Jun. 18
#Homeplus-2018 earnings
Homeplus net plummets in 2018 on slump, increased costs
SEOUL, June 14 (Yonhap) -- South Korean hypermarket chain operator Homeplus Co. said Friday its net income nose-dived 96 percent on-year last year due to a slump in the offline retail business and ... 11:00 Jun. 14
#Park Won-soon
Foreign tourist arrivals in Seoul to reach record-high 14 million this year
SEOUL, June 11 (Yonhap) -- The number of foreign tourists visiting Seoul is expected to reach an all-time high over 14 million this year, the city's mayor said Tuesday. Mayor Park Won-soon made ... 14:32 Jun. 11
#IATA AGM
(LEAD) IATA annual meeting in Seoul closes with 5-point resolutions
(ATTN: ADDS comments in para 4, photos) By Joo Kyung-don SEOUL, June 3 (Yonhap) -- The International Air Transport Association (IATA) concluded its three-day annual meeting in Seoul on Monday with... 15:06 Jun. 03
#IATA AGM
IATA annual meeting in Seoul closes with 5-point resolutions
By Joo Kyung-don SEOUL, June 3 (Yonhap) -- The International Air Transport Association (IATA) concluded its three-day annual meeting in Seoul on Monday with calls to make the industry sustainable ... 14:33 Jun. 03
#wellness tourism
(Yonhap Feature) Wellness tourism offers holistic getaway from city life
By Kim Han-joo SEOUL, May 31 (Yonhap) -- For those who are under heavy stress from bustling city life and demanding work responsibilities, getting away from it all may be the best remedy for the bo... 09:00 May. 31
#egg freshness-monitoring
Egg's freshness checkable via smartphones: institute
SEOUL, May 30 (Yonhap) -- Technology allowing ordinary consumers to easily check the freshness of eggs with their smartphones has been developed, a research institute said Thursday. The new tech... 12:00 May. 30
#Starbucks-premium outlets
Number of Starbucks' premium outlets in S. Korea exceeds U.S.
SEOUL, May 28 (Yonhap) -- Starbucks Korea said Tuesday that the number of its upscale Reserve outlets has exceeded that of the United States, reflecting Koreans' growing appetite for premium coffee... 10:07 May. 28
#CJ Cheiljedang-investment
CJ Cheiljedang receives $320 mln investment from Bain
SEOUL, May 23 (Yonhap) -- CJ Cheiljedang Corp., South Korea's leading food manufacturer, said Thursday that the U.S. private equity fund Bain Capital has invested US$320 million into its U.S. unit.... 11:29 May. 23
#Hyundai Merchant Marine
Hyundai Merchant unveils new corporate logo
SEOUL, May 20 (Yonhap) -- Hyundai Merchant Marine Co., South Korea's top shipping firm, on Monday unveiled its new corporate logo in a bid to strengthen its brand value in the international market.... 15:10 May. 20
#vietnam
(LEAD) More than 1 mln S. Korean tourists visit Vietnam in Q1
(ATTN: ADDS tally on Mongolian visitors to S. Korea in last 3 paras, related photo) SEOUL, May 16 (Yonhap) -- The number of South Korean tourists to Vietnam soared more than 24 percent in the first... 10:56 May. 16
#vietnam
More than 1 mln South Korean tourists visit Vietnam in Q1
SEOUL, May 16 (Yonhap) -- The number of South Korean tourists to Vietnam soared more than 24 percent in the first half of this year to exceed the 1 million mark, industry data showed Thursday. A... 10:15 May. 16
#E-Mart profit
E-Mart's Q1 net tumbles 44 pct
SEOUL, May 15 (Yonhap) -- E-Mart Inc., South Korea's leading discount chain operator, said Wednesday its first-quarter net profit sank more than 40 percent due to stiffer competition and a seasonal... 15:36 May. 15
#culture minister-foreign tourists
South Korea eyes 'sustainable' tourism policy: minister
By Kim Han-joo SEOUL, May 14 (Yonhap) -- South Korea's new culture minister said Tuesday he will focus on formulating tourism strategies based on "sustainability," which can also become one of the ... 15:52 May. 14
#CJ Cheiljedang-Q1
CJ Cheiljedang Q1 net plunges 43.3 pct
SEOUL, May 13 (Yonhap) -- CJ Cheiljedang Corp., South Korea's leading food manufacturer, said Monday that its net profit dropped 43.3 percent in the first quarter from a year earlier, mainly due to... 18:24 May. 13
#Lotte Shopping
Lotte Shopping turns to black in Q1
SEOUL, May 9 (Yonhap) -- Lotte Shopping Co., the operator of South Korea's biggest department store and a leading discount store, said Thursday it swung to the black in the first quarter from a yea... 17:02 May. 09
#Fendi
Fendi debuts 'Roma Amor' collection in S. Korea
SEOUL, May 8 (Yonhap) -- Italian luxury brand Fendi debuted its lively, street style fashion collection "Roma Amor" in South Korea, mixing contemporary art and its heritage to target affluent mille... 13:30 May. 08
#robot cafe
(Yonhap Interview) dal.komm's robot cafes offer futuristic way to get coffee fix
By Kim Eun-jung SEOUL, May 8 (Yonhap) -- Need your caffeine fix but short on time? Then order and pay for an iced latte on an application and pick it up at an automated mini cafe called "b;eat." ... 10:40 May. 08
#radon bedding-recall
Nuclear safety agency orders recall of radon-emitting electric mats, bedding
SEOUL, May 7 (Yonhap) -- South Korea's nuclear safety agency said Tuesday that it has ordered a recall of electric mats and bedding made by local companies that have been found to emit higher-than-... 16:29 May. 07