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“Surge in Sales at South Korean Convenience Stores Amid Martial Law Announcement”

“Surge in Sales at South Korean Convenience Stores Amid Martial Law Announcement”

“Panic buying of essentials spikes as citizens respond to sudden declaration.”

SEOUL – Following South Korea’s sudden declaration of martial law on the night of December 3, local convenience stores reported a sharp increase in sales of essential goods, according to industry sources. The announcement triggered a wave of panic buying, especially during the hour following the declaration at 11 p.m., Yonhap News Agency reported.

One unnamed convenience store chain observed a dramatic rise in purchases, with canned goods seeing a 337.3% surge compared to the same time in the previous week. Sales of instant noodles increased by 253.8%, while bottled water and instant rice climbed by 141% and 128.6%, respectively. Non-food items such as dry cell batteries and first aid kits also experienced significant sales growth, at 40.6% and 39.5%.

Similar trends were noted across other chains, with canned foods rising by 75.9% and instant rice by 38.2% compared to the day before. Bottled water and packaged noodles showed increases of 37.4% and 28.1%, respectively.

Industry representatives remarked that many of the customers during this period were in their 50s and 60s, a demographic with memories of martial law from the 1980s. Their response appeared to reflect lingering unease tied to those earlier experiences.

Andy Thomas
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