S. Korean retailers seeking to expand overseas businesses
date:Dec 17, 2013
evertheless, the retailers have to bet on their overseas businesses when domestic sales are shrinking, with last month's sales estimated to have decreased 4.9 percent from the same month last year.

The KCCI survey showed 53 percent of the respondents plan to launch or expand their overseas business next year in China because of the sheer size of its market. As of November, China is the biggest destination for South Korean retailers. The survey said 37 percent are planning to head to Vietnam and
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