SOUTH KOREA: Store Sale Figures Show Economy Is Recovering
Summer sale and brand sale figures for department stores show the South Korean economy is on the road to recovery. Department stores' sales during this period went up by 20-30 per cent compared with the same period last year. For example, the 12 nationwide branches of Lotte Department Store recorded sales of 112.9bn won from July 1 - 7, an increase of 25.9 per cent on last year.