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Chinese, Japanese tourists lift Korean retail sales
May 10, 2026
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Korean retailers have made the most of the early May holiday period, as their sales soared with a massive flock of foreign tourists visiting the country. According to Shinsegae Department Store, the sales at the Myeong-dong main store in central Seoul and the Centum City Branch in Busan from May 1 to 5 jumped 359 percent and 298 percent, respectively, from the same period last year.
Total sales at all of Shinsegae stores rose about 35 percent on-year. Lotte Department Store said transactions by
The korea Herald News
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South Korea
Bias: center