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The mandatory closing day for large supermarkets will be changed from Sundays to Mondays in the southeastern city of Daegu, beginning next month, the municipal government said Monday, as part of a deregulatory move for the retail industry.
Sundays are often a day for family shopping, but supermarkets in South Korea don’t operate every second and fourth Sunday of each month.
E-mart workers urge gov't to end twice-monthly store closures
Delivery Hero, Coupang Eats face possible curbs on quick commerce
Retail market restrained by gov't regulations Posted : 2020-12-29 16:19 By Kim Jae-heun Contactless consumption has become the "new normal" here thanks to the fast growing e-commerce sector that contributes to the expansion of the entire retail market. Total retail sales were less than 200 trillion won up until 2010, but have nearly doubled as they are expected to reach 387 trillion won next year Newcomers such as Coupang and Market Kurly drove the growth with their strength as e-commerce firms and with their overnight delivery service. The local e-commerce market only stood at 45 trillio...