April 19, 2024
Retail & Consumer
Food, liquor top sales in discount stores
[THE INVESTOR] South Korean discount stores logged food and liquor products as the best-selling items this year, according to industry data on Dec. 2.
E-mart, the nation’s largest chain operated by Shinsegae, said liquor was the most popular item in the first 11 months of this year, illustrating the rise of stay-at-home drinking.
Sales of liquor, snacks, deli foods and pork showed strong growth, while cosmetics, dairy products and coffee were sluggish.
Prepared foods at their delicatessens, such as fried chicken, sushi rolls and other side dishes, drove up the overall food sales, E-mart said.
Lotte Mart, the No. 3 discount chain operator owned by Lotte, said food products, drinks and toys were the top-selling items, with meat products on top of the list over the same period.
Online shopping malls posted strong sales of powdered milk and infant foods as industry leaders competitively cut prices to attract customers.
Sales of baby powder and infant food at E-mart’s online mall jumped 63.2 percent on-year in the January-November period to move up four notches to ninth place, the firm said.
(theinvestor@heraldcorp.com)
E-mart, the nation’s largest chain operated by Shinsegae, said liquor was the most popular item in the first 11 months of this year, illustrating the rise of stay-at-home drinking.
Sales of liquor, snacks, deli foods and pork showed strong growth, while cosmetics, dairy products and coffee were sluggish.
Prepared foods at their delicatessens, such as fried chicken, sushi rolls and other side dishes, drove up the overall food sales, E-mart said.
Lotte Mart, the No. 3 discount chain operator owned by Lotte, said food products, drinks and toys were the top-selling items, with meat products on top of the list over the same period.
Online shopping malls posted strong sales of powdered milk and infant foods as industry leaders competitively cut prices to attract customers.
Sales of baby powder and infant food at E-mart’s online mall jumped 63.2 percent on-year in the January-November period to move up four notches to ninth place, the firm said.
(theinvestor@heraldcorp.com)
