Korean Department Stores Are In The Bottleneck And Convenience Stores Are Thriving.

Statistics released by the Korea Statistical Office on 15 showed that sales of 6 retail sectors such as department stores, large supermarkets, small supermarkets and convenience stores totaled 276 trillion and 915 billion 300 million won last year, up 3.4% from 2014 (26 billion 776 million 650 thousand won).

In 2012, the retail sales growth rate exceeded 4%, but in 2013 and 2014, it dropped to around 1%.

Experts said that although sales growth rate increased in 2015, it is hard to conclude that consumer psychology has completely recovered.

Last year, sales in department stores decreased by 0.4% to 29 trillion and 202 billion 300 million won.

The growth rate of department store sales in 2011 was 11.4%, and in 2012 and 2013, it fell to 5.4% and 2.6% respectively, while in 2014, there was a negative growth in 10 years (-1.6%).

Last year, the sales of small supermarkets in South Korea increased by 36 trillion and 189 billion 500 million won, up 2.4% over the same period last year.

Although the growth rate has risen slightly, it is also facing a business dilemma like big supermarkets.

On the contrary, the convenience stores in Korea in 2015.

It was 16 trillion and 520 billion 700 million won, an increase of 29.6% over 2014.

With the increase in the number of 1-2 families and the surge in cigarette prices, the market of convenience stores has expanded significantly.

The major convenience stores have launched a large number of independent products, which are favored by consumers.

In addition, home delivery,

The introduction of various services, such as storage, has also attracted many customers' attention.

Affected by the MERS, sales in Korean department stores decreased by 11.9% in June compared with the same period last year, but sales in October increased by 11.4% year-on-year under the stimulation of Korean version of black Friday.

According to the evaluation, although the Korean government led the Korean version of black Friday still had problems, it did promote the performance of department stores.

In order to get rid of the quagmire of sales, various activities were launched, but in the end, they failed to escape the bad luck of negative growth.

Large supermarkets were also affected by MERS, and total sales increased by only 2.4% over the same period last year.

From the perspective of enterprises, the sales volume of CU was 4 trillion and 257 billion 600 million won, a sharp increase of 28.9% over the same period last year.

Operating profit surged 55.4% over the same period last year, reaching 174 billion 800 million won.

GS25's sales last year were 4 trillion and 313 billion 200 million won, an increase of 23.2% over the same period last year, and operating profit surged 60.9% to 178 billion won.