Traders Launches 'Food Festival' to Stabilize Prices... Popular Foods Discounted Up to 7,000 Won

Held for Four Weeks Until March 22, with Discounts on 10 Fresh and Processed Foods Each Week
Simultaneously at 24 Locations Nationwide; Discounts Available to All with Shinsegae Points Accumulation

Shinsegae's warehouse-style discount store, Traders Wholesale Club (Traders), has launched its 'Food Festival' to help stabilize food prices.

The Food Festival is a flagship discount event held three times a year, and anyone can receive discount benefits simply by accumulating Shinsegae Points.

This year's first event began last month and will run for four weeks until March 22, 2026, at 24 locations nationwide. Promotional items change every Monday. Each week, 10 fresh and processed food items are discounted up to 7,000 won.

During the second week (March 2-8), 'Salmon Fillet for Sashimi (Pack)' is discounted by 5,000 won, and at T Cafe, Traders' value-oriented food cafe, 'Roast Chicken Mayo Rice Bowl' is offered at a 1,000 won discount. This reflects the rising demand for value-for-money food items, as sales of fillet sashimi increased by 15.2% and T Cafe sales rose by 20.5% in 2024 compared to the previous year.

In the third week (March 9-15), 'Korean Beef Sirloin and Striploin (Chilled, Pack, excluding Retail Pack)' is discounted by 7,000 won per pack, and 'Jelly Straws (1,540g)' are offered at a 3,000 won discount, selling for 9,980 won.

In the fourth week (March 16-22), 'Canadian Chilled Pork Belly and Neck (including Retail Pack)' is discounted by 6,000 won. Large-capacity retail pack products have shown steady growth, with sales up 9.7% year-on-year last year.

Meanwhile, Traders' cumulative operating profit for 2025 reached 129.3 billion won, surpassing the 100 billion won mark for the first time since the opening of its first store (Guseong branch) in 2010. This is a 39.9% increase compared to 2024.

In the third quarter of last year, Traders achieved quarterly sales of 1.4 trillion won, surpassing the 1 trillion won mark for the first time in a single quarter, continuing its strong performance.

Lee Hyungsoon, Head of the Emart Traders Division, stated, "'Food Festival' is a representative price stabilization event that Traders has continued for over ten years. We will continue to lead price stabilization by offering various discount events that leverage the strengths of warehouse-style discount stores."

This content was produced with the assistance of AI translation services.