How Korea’s big 3 department stores are killing it right now
Inside Retail
MAY 22, 2022
As evidence for the potential of prices to rise further, the Producer Price Index for apparel (a proxy for wholesale prices) was up 7.3 per cent in March, an indication that retail prices may follow soon. For department stores specifically, sales were up 16.7 per cent above the first quarter of 2019.
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