sales at south koreas discount outlets department stores plunge
Last Updated : GMT 06:49:16
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Arab Today, arab today
Last Updated : GMT 06:49:16
Arab Today, arab today

Sales at South Korea's discount outlets, department stores plunge

Arab Today, arab today

Arab Today, arab today Sales at South Korea's discount outlets, department stores plunge

Employees bow as customers enter
Sejong - Yonhap

Sales at South Korea's discount outlets and department stores continued to drop from a year earlier in January, but the decline was largely due to a base effect from the Lunar New Year's holiday, the government said Wednesday.
In January, combined sales at the country's three major discount outlet chains plunged 18.3 percent on-year, with numbers for the three major department store chains also tumbling 11 percent, according to the Ministry of Trade, Industry and Energy.

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