Department stores report growth in spring sales
Korean department stores posted a surge in sales during the spring discount season, helped by revived sentiment from last year’s slump and spending by Chinese travelers, industry data showed Monday. Major department stores held a series of discount events from late March to mid-April, attracting both domestic customers and Chinese nationals visiting the nation. Lotte Department Store, the No. 1 department chain by Lotte Group, said its sales from March 31 to April 16 rose 4.5 percent from a year ago, [...]