General Merchandise Stores in South Korea

General merchandise stores in South Korea saw growth in both outlet numbers and current value sales in 2024, although variety stores saw a much better performance than department stores. Despite seeing current value growth in 2024, department stores saw a decline in outlet numbers, and the channel was unable to achieve past growth rates. This is because consumer spending has contracted due to a general economic slowdown. In addition, major product categories have seen a shift to online shopping.

The General Merchandise Stores in South Korea report offers insight into key trends and developments driving the industry. The report examines all retail channels to provide sector insight. Channels include hypermarkets, supermarkets, discounters, convenience stores, mixed retailers, health and beauty retailers, clothing and footwear retailers, furniture and furnishing stores, DIY and hardware stores, durable goods retailers, leisure and personal goods retailers. There are profiles of leading retailers, with analysis of their performance and the challenges they face. There is also analysis of non-store retailing: vending; homeshopping; internet retailing; direct selling, as available.

Product coverage: Department Stores, Variety Stores.

Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.

Why buy this report?

• Get a detailed picture of the General Merchandise Stores market;
• Pinpoint growth sectors and identify factors driving change;
• Understand the competitive environment, the market’s major players and leading brands;
• Use five-year forecasts to assess how the market is predicted to develop.