Korea’s retail sector represents a large and growing portion of the overall economy ; in 2010 it accounted for 8.5 percent of the GDP, and an even larger percentage of the overall employment at 15 percent. Korea’s retail industry, which had previously been dominated by small-scale...

Demographic structure refers to the qualitative aspects of a population, including gender, age, place of residence and the social and economic distribution. These demographic characteristics affect society, culture and the economy, so any changes in demographic structure, which mean changes in...

Cross-border B2C e-commerce is growing rapidly in Korea. According to data released by Statistics Korea, Korea’s total retail import value from the cross-border e-commerce trade in 2017 stood at about KRW 2.2 trillion, while in 2021 it reached KRW 5.1 trillion.2 The total retail value of...

The management conditions at face-to-face service businesses in Korea has deteriorated amid the protracted COVID-19 pandemic, and accordingly, the survivability of self-employed businesses, which account for a large proportion of the face-to-face service sector, has been negatively affected....