Sales at department stores, discount outlets rise in May
Jun 26, 2014
Sales at South Korea’s major discount outlet chains and department stores grew slightly from a year earlier in May, a government tally showed Thursday, a possible sign that consumer spending was improving after a slump from a deadly ferry sinking.Combined sales at the country’s three major outlet chains gained 1.2 percent on-year last month, marking a turnaround from a 4.1 percent on-year drop in the previous month, according to the Ministry of Trade, Industry and Energy.May also marked the firs