General Retail
Department Store Sales
Annual total store sales for Korea's top 5 department store chains (Lotte, Shinsegae, Hyundai, Galleria, AK Plaza) — 2020–2025, in KRW 100 million. An industry-wide figure that includes tenant-brand sales.
Source — Apparel News and other industry compilations
Total Store Sales — Korea's Top 5 Department Store Chains (Annual)
Unit: KRW 100 million · 2020–2025
Annual Detail
Includes store count and year-over-year change
| Year | Total Store Sales | YoY | Stores | Note |
|---|---|---|---|---|
| 2020 | 278,785 KRW 100M | -6.3% | 67 | Declined due to COVID-19 impact |
| 2021 | 338,927 KRW 100M | +20.5% | — | — |
| 2022 | 389,515 KRW 100M | +13.8% | 70 | Sharp growth on reopening base effect |
| 2023 | 396,543 KRW 100M | +1.7% | 70 | YoY reported as +1.7% or +1.0% depending on source (both noted) |
| 2024 | 398,003 KRW 100M | +0.9% | 68 | — |
| 2025 | 404,228 KRW 100M | +1.6% | 65 | Self-calculated from summing per-company store sales (not an officially published industry YoY) |
2025 Total Store Sales by Chain
Unit: KRW 100 million · Lotte, Shinsegae, Hyundai, Galleria, AK Plaza — 65 stores
Data Notes
These figures are "total store sales" as compiled annually by outlets like Apparel News — an industry-wide sum that includes tenant-brand sales — which differs from the segment revenue (fee-based accounting revenue) each company reports in its own IR disclosures. Do not sum or directly compare the two series.
2023's YoY is reported as either +1.7% or +1.0% depending on the source, so both are noted in the table. 2025's YoY is self-calculated by summing the five companies' individual store sales — it is not an officially published industry-wide YoY. 2021's store count is left blank because no confirmed figure was found.
For quarterly, company-level segment results (2026 Q1/Q2, etc.), see Department Store & Outlet Earnings.