Korea Joongang Daily
Korea JoongAng Daily

Industrial output, retail sales, facility investment gain ground in March

Korea's industrial output, retail sales and facility investment all rose from a month earlier in March, official data showed Thursday.

2026-04-30

Retail revenue climbs 5.6 percent in March on tourism, back-to-school boost

Revenue of major retail companies in Korea rose 5.6 percent from a year earlier in March on robust consumption demand fueled by a sharp increase in inbound travelers to the country coupled with the arrival of the back-to-school season.

2026-04-29

Court grants arrest warrant for driver involved in rally incident Wednesday

A district court on Thursday issued an arrest warrant for a truck driver who drove into a group of rallygoers in Jinju, South Gyeongsang on Monday, killing one and injuring two others.

2026-04-23

Running marketing gets spring in its step as warm season arrives

As spring weather continues with daytime highs in central regions reaching 26 degrees Celsius (78.8 degrees Fahrenheit), the retail industry is ramping up “running marketing."

2026-04-18

'Daiso-nization': Market adopts ultra-low-price strategies as inflation ails grow

Consumers are increasingly prioritizing money over value amid worsening inflation, and the overall Korean market is going through a so-called Daiso-nization where retails opt for ultra-low-price strategies.

2026-04-17

Mercedes-Benz Korea introduces new retail system with standardized nationwide pricing

Mercedes-Benz Korea introduced a centralized nationwide vehicle sales system on Monday, marking a shift from its previous dealership-led model to one that standardizes pricing nationwide and integrates various customer channels.

2026-04-13

F&B industry rolls out healthier options as young consumers sour on sugar, alcohol and caffeine

Sugar, alcohol and caffeine are falling out of favor with younger consumers, and the food and beverage industry is racing to keep up.

2026-04-13

April Fools’ Day deals are no joke — free drinks, half-price burgers and quirky bites

This year, companies are introducing a series of limited-edition, creative seasonal products to attract fun-loving consumers, or “fun-sumers.”

2026-04-01

Offline retail sales jump 14% in February on Lunar New Year holiday spending

Revenue for offline retail companies jumped 14.1 percent from a year earlier in February, driven by robust demand fueled by the Lunar New Year holiday, government data showed Wednesday.

2026-03-25

Surplus, overseas stocks at near-record numbers in January

Overseas stock investment by Korean retail investors surged in January, marking the second-largest monthly increase on record. Meanwhile, the current account posted the fifth-largest surplus in history, supported by strong semiconductor exports.

2026-03-06