Korea’s retail sales increased 6.4 percent from a year earlier in July, driven by stronger demand during the summer vacation season. The Ministry of Trade, Industry and Resources said delivery services, travel-related products, and imported fashion brands helped lift sales. Offline retailers rose 3.2 percent, while online sales jumped 8.5 percent and accounted for 60.8 percent of total retail sales.
Shoppers visit a department store in Seoul, Aug. 17. Yonhap
Sales at major retailers gained ground in July from a year earlier, data showed Wednesday, following higher demand for delivery services and travel-related products amid the summer vacation season.
Korea's retail sales increased 6.4 percent from a year earlier, also driven by stronger demand for popular imported fashion brands, according to the Ministry of Trade, Industry and Resources.
Offline retailers reported a 3.2 percent increase in sales, led mainly by department stores and convenience stores, which both extended on-year gains to 13 straight months.
