Due to the new coronavirus (COVID-19) outbreak in the beginning of 2020, more South Korean customers tend to buy products online instead of in physical stores. Online retailer WeMakePrice reported that sales of food and health related items from high-end retailers grew by more than 700 percent in February 2020, compared to the sales in the same period in 2019. High-end retailers include several department stores and outlets, like AK Department Store, Hyundai Department Store, and Lotte Outlet.
Year-on-year (YoY) growth of online sales of high-end retailers at WeMakePrice during the novel coronavirus (COVID-19) in South Korea in February 2020, by category
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Korea Herald. (March 11, 2020). Year-on-year (YoY) growth of online sales of high-end retailers at WeMakePrice during the novel coronavirus (COVID-19) in South Korea in February 2020, by category [Graph]. In Statista. Retrieved November 03, 2024, from https://www.statista.com/statistics/1103042/south-korea-online-sales-growth-of-high-end-retailers-due-to-covid-19-at-wemakeprice-by-category/
Korea Herald. "Year-on-year (YoY) growth of online sales of high-end retailers at WeMakePrice during the novel coronavirus (COVID-19) in South Korea in February 2020, by category." Chart. March 11, 2020. Statista. Accessed November 03, 2024. https://www.statista.com/statistics/1103042/south-korea-online-sales-growth-of-high-end-retailers-due-to-covid-19-at-wemakeprice-by-category/
Korea Herald. (2020). Year-on-year (YoY) growth of online sales of high-end retailers at WeMakePrice during the novel coronavirus (COVID-19) in South Korea in February 2020, by category. Statista. Statista Inc.. Accessed: November 03, 2024. https://www.statista.com/statistics/1103042/south-korea-online-sales-growth-of-high-end-retailers-due-to-covid-19-at-wemakeprice-by-category/
Korea Herald. "Year-on-year (Yoy) Growth of Online Sales of High-end Retailers at Wemakeprice during The Novel Coronavirus (Covid-19) in South Korea in February 2020, by Category." Statista, Statista Inc., 11 Mar 2020, https://www.statista.com/statistics/1103042/south-korea-online-sales-growth-of-high-end-retailers-due-to-covid-19-at-wemakeprice-by-category/
Korea Herald, Year-on-year (YoY) growth of online sales of high-end retailers at WeMakePrice during the novel coronavirus (COVID-19) in South Korea in February 2020, by category Statista, https://www.statista.com/statistics/1103042/south-korea-online-sales-growth-of-high-end-retailers-due-to-covid-19-at-wemakeprice-by-category/ (last visited November 03, 2024)
Year-on-year (YoY) growth of online sales of high-end retailers at WeMakePrice during the novel coronavirus (COVID-19) in South Korea in February 2020, by category [Graph], Korea Herald, March 11, 2020. [Online]. Available: https://www.statista.com/statistics/1103042/south-korea-online-sales-growth-of-high-end-retailers-due-to-covid-19-at-wemakeprice-by-category/