A customer shops at a major discount chain store in Seoul, March 21. Yonhap
Korean retailers saw their sales gain more than 4 percent in February from a year earlier thanks to robust demand for e-commerce services, data showed Tuesday.
Last month, the combined revenue of major retail companies rose 4.4 percent from a year ago, according to data compiled by the Ministry of Trade, Industry and Energy.
The ministry said the increase is mainly attributable to strong demand for online shopping and food delivery services.
Sales from the online sector jumped 16.7 percent on-year as revenue from the food sector rose 14.9 percent and revenue from online services, such as food delivery and e-coupons, spiked 76.3 percent.
Sales of home appliances and electronics products gained 3.6 percent, marking a turnaround after four consecutive months of decline, ahead of the start of a new school semester.
On the other hand, offline platforms saw their revenue decrease 7.7 percent on-year in February, as the Lunar New Year holiday fell in late January, earlier than in 2024.
In particular, supermarket sales slid 18.8 percent and sales from department stores dropped 3.6 percent. (Yonhap)
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