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Online used goods trading declines amid economic downturn

A 32-year-old office worker in Seoul surnamed Han has stopped using Daangn Market citing that many used items that are in good condition are often too pricey and the ones that are cheap are useless.

Hyundai, Lotte expand secondhand items stores

Department stores are expanding their presence in the used goods market to attract increasingly frugal and price-conscious young consumers, according to retail industry officials Sunday. Hyundai Department Store s Sinchon branch in western Seoul has become the first retailer to open an entire floor with secondhand shops to change the view that department stores are for old people and can align with youth trends.

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