Ikea Korea workers to strike over ‘discriminatory’ treatment

Ikea Korea’s labor union plans to launch a three-day strike next week, accusing the Swedish furniture brand of discriminatory treatment toward local staff. About 800 of the workers at the company’s outlets in Gwangmyeong, Goyang and Yongin in Gyeonggi Province and its service call centers will join the walkout from Dec. 24-27, said the union affiliated with the Korean Confederation of Trade Unions on Thursday. That constitutes one-third of Ikea Korea’s 2,500 employees. &

Dec. 17, 2020

Electronic appliances and at-home spa products enjoy sales surge as pandemic worsens

Remote work and home entertainment devices have enjoyed a surge in sales in recent weeks as the coronavirus pandemic worsens, major online shopping platforms said on Thursday. According to Tmon, sales of work-from-home and entertainment electronic appliances saw a 270 percent year-on-year increase on average in the last two weeks. While sales of PCs were up 162 percent, desktop computers saw a 143 percent increase in sales. Laptops, webcams and graphic cards also enjoyed a sales bump as well a

Dec. 17, 2020

With year-end parties canceled, alcohol industry targets home drinkers

Alcohol companies are eyeing home drinkers rather than bar goers during the first pandemic year-end season as a third wave of the COVID-19 outbreak threatens hospitality businesses across South Korea. In a more normal setting, restaurants and bars would be packed with group dinner reservations as the year draws to a close. But not this year, with venues being forced to close after 9 p.m. in Seoul and surrounding areas under strict social distancing rules. “As the hospitality sector has

Dec. 15, 2020

Online gift-giving catches on amid COVID-19 woes

As giving gifts in person is harder to do this year amid calls to reduce human contact to stop the spread of the coronavirus, online gift-giving is enjoying a surge in popularity, industry sources indicated Sunday. SSG.com, retail giant Shinsegae Group’s online shopping platform, said sales generated from its gift service saw a 64.6 percent year-on-year increase between January and November this year, citing internal data. Among the brands available on the website, it was coffeehouse cha

Dec. 13, 2020

CU rolls out drive-thru shopping service

Convenience store CU said Thursday it will roll out a drive-thru order pickup service sometime this month, in the latest in a series of moves by the retail industry to reduce human-to-human contact amid the pandemic. Using a mobile app, customers can browse through products and place their orders at the location they choose. As they drive to the store, staff will prepare the order then step out of the store to hand over the merchandise to shoppers in their vehicle. The move comes as retailers

Dec. 10, 2020

[Herald Interview] LAKA: Gender-neutral makeup brand seeks to break boundaries

From facial masks to BB creams, Korean beauty products -- often dubbed K-Beauty -- have become one of South Korea’s biggest exports in recent years, riding the wave of the country’s rise in soft power typified by TV shows and K-pop. But one brand is making small waves in a way unprecedented by any others in the country before. Launched by a former advertising director in 2018, LAKA Cosmetics is South Korea’s first gender-neutral makeup brand. “Every product of ours do

Dec. 8, 2020

Japan's Uniqlo to close main outlet in S. Korea amid pandemic

Japanese fashion retailer Uniqlo will close its outlet in Seoul's popular shopping district next month, after a sharp fall in sales stemming from the new coronavirus outbreak and a trade dispute between Seoul and Tokyo. Uniqlo said on its website recently in Korean that its global flagship store in Myeongdong, central Seoul, will stop operating Jan. 31. The outlet is the second biggest in the world after one in New York.    The closure came as online shopping has gained tra

Dec. 5, 2020

Popeyes to pack up after 26 years

Popeyes, a US-based fried chicken franchise, said Friday that it would cease to operate in South Korea, 26 years after it opened its first outlet in 1994. The Korean operator, TS Food & System, said its franchise contract with the US headquarters is set to end at the end of this year. Popeyes, which at one time owned over 200 outlets here, has been struggling against poor sales. With the COVID-19 pandemic the business faced even more difficulties, and the number of stores was reduced t

Dec. 4, 2020

Korea Ginseng teams up with International Vaccine Institute to develop immune booster

South Korea’s leading ginseng manufacturer, Korea Ginseng, has signed a memorandum of understanding with the International Vaccine Institute to develop an adjuvant -- an agent that can improve the performance of a vaccine. The two will work together to develop an adjuvant using Korea Ginseng’s popular red ginseng brand CheongKwanJang, the company said Friday. Korea Ginseng will provide 12 types of ginsenosides while the institute, a nonprofit organization that is working with vacci

Dec. 4, 2020

Starbucks opens Korea’s first store staffed mostly with disabled

Starbucks Korea opened a new store on Thursday with a commitment to prioritize disabled workers, in a first in the country. The new location at the Seoul National University Dental Hospital will run with a staff of 12, six of whom are employees with disabilities The coffeehouse giant also said sign language training and disability awareness education was given to staff as part efforts to improve the perception of those with disabilities. Launching on the International Day of People with Disa

Dec. 3, 2020

Sales of electronic devices, appliances jump amid pandemic: Homeplus

Homeplus said Wednesday the overall sales of IT home appliances jumped 46 percent from March to November, compared to the same time last year, with increased remote working and homeschooling amid the pandemic. Sales of tablet PCs in the period saw an explosive growth of 426 percent, and laptops and printers also witnessed a sales increase of 25 percent respectively, the retailer said. Large home appliances, such as televisions and refrigerators, were also popular this year, with the sales ri

Dec. 2, 2020

Two in three South Koreans long to travel abroad next year: survey

Nearly two-thirds of South Koreans are hoping to travel to another country next year, according to a new survey by e-commerce platform TMon Inc. Among those 1,800 surveyed over a five-day period last month, 64 percent said they wanted to travel abroad in 2021, of which 57 percent said they will do so after getting vaccinated against COVID-19. Over half of respondents said they wanted to go on holiday with family and spend at least five days traveling. The findings come as reports of a breakth

Dec. 2, 2020

Lotte Mart apologizes for turning away guide dog in training

A day after receiving flak on social media, Lotte Mart issued an apology Monday over a recent incident where one of its employees refused entry to a dog being trained to assist a person with a disability. On Sunday, a social media user shared pictures of a dog sitting inside Lotte Mart’s Jamsil branch in Seoul and said an employee had refused to allow the dog and trainer into the store. “The employee raised their voice, blaming the woman for bringing a dog in when she is not eve

Nov. 30, 2020

Pulmuone’s tofu achieves carbon trust standard

Pulmuone, a South Korean food company, said Monday its tofu products achieved a global standard for carbon footprints by Carbon Trust. According to Pulmuone, 10 of its tofu products attained Carbon Trust Standard for Carbon by Carbon Trust, a UK-based organization for climate impact reduction. “We are delighted to congratulate Pulmuone for being the first Korean food company to have its product carbon footprint certified by the Carbon Trust,” Morgan Jones, associate director of C

Nov. 30, 2020

Massive year-end sales open on online shopping platforms

With the end-of-year shopping season in full swing, South Korea’s major online shopping platforms including Coupang, WeMakePrice and Olive Young have announced big discounts and special deals. Coupang, the largest e-commerce platform in the country, is holding a Christmas sale until Boxing Day offering a range of Christmas-related items at a special price including home decor products and gifts. Discounts of up to 50 percent are being offered for some of the most popular kids’ toys

Nov. 30, 2020

[Herald Interview] Pernod Ricard brings RTD craze to Korea

Consumption of alcohol at home has been growing amid the prolonged COVID-19 pandemic. According to Statistics Korea earlier this week, households spent an average 19,651 won ($17.75) a month on alcoholic beverages, the highest figure since the agency began collecting relevant data. With that, the demand for better convenience in drinking has also surged, further accelerating the growth of ready-to-drink alcoholic beverages since before the pandemic. The ready-to-drink market in the US, for inst

Nov. 26, 2020

Daesang eyes Middle East with Korean food products

South Korean general foods company Daesang said Thursday that it is branching out into the Middle Eastern market, which serves a population of about 4 billion, with popular food products such as halal-certified kimchi and tofu. Daesang said it has teamed up with 21 stores in Qatar, including Carrefour, Lulu and Spar. In Iraq its products are being distributed through Carrefour and Majidi Mall, with plans underway to expand its presence in the region to countries including Saudi Arabia and Israe

Nov. 26, 2020

Amorepacific study shows harmful impact of mask wearing on skin

South Korean cosmetics giant Amorepacific published findings from a recent study on Wednesday showing that mask wearing can cause dry skin and redness. The researchers discovered that wearing a mask for between one and six hours can also bring significant change to skin temperature and sebum after conducting an experiment with 21 men and women. The perioral area – the area surrounding the mouth including both lips and the upper lip area under the nose – could be most affected afte

Nov. 25, 2020

Home interior design app Ohouse secures $70 million in investment

Home interior design platform Ohouse has raised 77 billion won ($70 million) in a new round of Series C funding from investors including technology investment firm Bond, the app’s operator, Bucketplace, said Monday. IMM Investment, Mirae Asset Venture Investment, Mirae Asset Capital and Naver Corporation were among the existing investors that participated in this round, the company added. This raises the company’s total funding to 88 billion won ($80 million). Launched in 2014, th

Nov. 23, 2020

Retail sales up in Oct. on pandemic, promotional events

Retail sales in South Korea increased 8.4 percent in October from a year earlier on the back of the pandemic and consumption-boosting events, data showed Monday. The combined sales of 26 major offline and online retailers reached 12.01 trillion won ($10.7 billion) last month, up from 11.08 trillion won a year earlier, according to the data compiled by the Ministry of Trade, Industry and Energy. Online platforms led the overall growth, with their revenue advancing a whopping 17.2 percent over t

Nov. 23, 2020