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From dollar shop to tourist magnet: Daiso overtakes Lotte Mart, other retailers in sales

Walk into the 12-story Daiso in Myeong-dong on any afternoon and you will struggle to hear Korean. Tourists drag rolling suitcases up the stairs because the elevator line is too long. They fill baskets with 1,000 won snacks and 3,000 won cosmetics.

2026.5.5

The Olive Young Central Myeongdong Town branch in central Seoul. [CHO YONG-JUN]

Korea's antitrust watchdog investigates major retailers over alleged distribution law violations

Korea's antitrust watchdog has launched an investigation into two major retailers over alleged violations of the country's large-scale distribution law, industry sources said Monday.

2026.4.20

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A Hermes store at Shinsegae Department Store in Jung District, central Seoul [SHINSEGAE DEPARTMENT STORE]

Consumer demand splits between ultracheap goods and high-end luxury items

Korea’s consumer market is increasingly splitting in two, with demand surging for both ultracheap goods and high-end luxury items while midpriced products are losing ground.

2026.4.19

'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.

2026.4.17

A passerby walks past a Daiso sign hanging on the store in Seoul on April 15, 2025. [YONHAP]

Dollar shop Daiso to introduce 100 won sanitary pads amid presidential criticism of high prices

Korea's dollar shop Daiso is introducing its 100 won (70 cents) sanitary pads as retailers hurry to fall in line with the president's stance on the high prices of sanitary pads in Korea.

2026.2.24

The ChatGPT app icon is seen on a smartphone screen on Aug. 4 in Chicago. [AP/YONHAP]

ChatGPT logs biggest user growth rate among smartphone apps in Korea in 2025

ChatGPT, a generative AI platform from OpenAI, recorded the biggest rate of increase in its smartphone app users among all apps available in Korea this year, a survey showed Wednesday.

2025.12.10

Visitors shop at an Olive Young store in Seoul in an undated photo provided by the company. [CJ OLIVE YOUNG]

Korea's tourism numbers spike as visitors flock to lifestyle stores and museums

The APEC summit held in Gyeongju, North Gyeongsang late last month drew attention not only for its diplomatic significance but also for a series of shout-outs to Korean tourism favorites from high-profile dignitaries.

2025.11.29

An employee at a Daiso store in Suncheon kneels and apologizes before a customer on Nov. 21. [SCREEN CAPTURE]

Video of Daiso worker kneeling in apology before yelling customer goes viral

A video showing a Daiso employee kneeling before a customer in a store in Suncheon, South Jeolla, has gone viral, fueling accusations of abusive customer behavior.

2025.11.27

A Daiso store in Goyang, Gyeonggi, on Sept. 16. [YI WOO-LIM]

So good, and sold out: Daiso can't keep up with demand for 5,000 won appliances

Shoppers across Korea are scouring Daiso stores for its new 5,000 won home appliances — but most are being told the same thing: sold out.

2025.9.24

Dollar shop chain Daiso said it will sell household goods designed after traditional Korean motifs starting Sept. 15. [DAISO]

From perfumes to passport cases, 'KPop Demon Hunters'-branded merch is driving traditional purchases

Netflix’s "KPop Demon Hunters" is driving a surge in demand for products inspired by Korea’s royal palaces, folk paintings and traditional patterns, as brands from cosmetics makers to discount retailers race to capture the K-culture boom.

2025.9.13