Retailer sales in October 7% ↑...Strong Online/Offline Place

Sales of major domestic retailers rose nearly 7% last month, but offline sales remained at the same level as last year due to weak consumer sentiment.

The Ministry of Trade, Industry and Energy said sales of the country's 23 major retailers rose 6.7 percent to 15.3 trillion won in October from the same month last year.Online sales of

were up 13.9%, but offline sales including hypermarkets, department stores, enterprise supermarkets and convenience stores remained unchanged.Although

Online continued to grow in services and food, fashion and clothing sales continued to remain sluggish as overseas purchases using Chinese online platforms increased.

Offline, food sales increased by 3.8% as demand for home-cooked meals increased.