As of December 2023, there were 60 department stores in South Korea. The number of department stores in the country has shown a steady decrease in recent years. Represented by Lotte, Hyundai, and Shinsegae, department stores were taking up about 17 percent of the total retailing sector.
Number of department stores in South Korea from 2018 to 2023
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Number of stores
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MOTIE (South Korea). (January 30, 2024). Number of department stores in South Korea from 2018 to 2023 [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/1202354/south-korea-number-department-stores/
MOTIE (South Korea). "Number of department stores in South Korea from 2018 to 2023." Chart. January 30, 2024. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/1202354/south-korea-number-department-stores/
MOTIE (South Korea). (2024). Number of department stores in South Korea from 2018 to 2023. Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/1202354/south-korea-number-department-stores/
MOTIE (South Korea). "Number of Department Stores in South Korea from 2018 to 2023." Statista, Statista Inc., 30 Jan 2024, https://www.statista.com/statistics/1202354/south-korea-number-department-stores/
MOTIE (South Korea), Number of department stores in South Korea from 2018 to 2023 Statista, https://www.statista.com/statistics/1202354/south-korea-number-department-stores/ (last visited July 22, 2024)
Number of department stores in South Korea from 2018 to 2023 [Graph], MOTIE (South Korea), January 30, 2024. [Online]. Available: https://www.statista.com/statistics/1202354/south-korea-number-department-stores/