Retail in Asia

In Markets

S Korea’s Sep department, discount store sales rebound

Sales at South Korea’s top department and discount stores for September rebounded as South Koreans splurged for an autumn holiday, official data from the trade ministry showed on Wednesday.

Combined sales last month at department stores run by Hyundai Department Store, Lotte Shopping and Shinsegae Co rose 2.8 per =cent from a year earlier, the Ministry of Trade, Industry and Energy said in a statement.

This was the strongest rise seen since May this year and partially recouped the 6.5 percent decline in August.