Sales at major South Korean department stores rose for a second month as consumer confidence and job market conditions improved.
Outlays at the three biggest chains rose 1.6 percent from a year earlier in March after a 2.9 percent gain in February, the Ministry of Knowledge Economy said in a statement today. Discount-store sales gained 3.2 percent, today’s report showed.
To contact the reporter on this story: Eunkyung Seo in Seoul at email@example.com
To contact the editor responsible for this story: Paul Panckhurst at firstname.lastname@example.org