JTC to Open 'Jeju Hae-rin Duty-Free Shop'

*This content was translated by AI.

Japanese post-purchase duty-free specialist JTC is officially entering the Korean market, targeting Chinese tourists visiting Jeju Island.

The company aims to diversify its business portfolio and reduce volatility due to changes in the external environment by securing additional locations capable of meeting demand from Chinese group tour visitors.

On the 10th, JTC held a grand opening ceremony for 'Jeju Hae-rin Duty-Free Shop' at Yongdam-dong, Jeju-si, and officially began operations. The Jeju Hae-rin Duty-Free Shop is operated through its subsidiary K-BOX and had a soft opening on the 1st.

Covering approximately 909㎡ (275 pyeong), the Jeju Hae-rin Duty-Free Shop is a comprehensive post-purchase duty-free store selling health functional foods, cosmetics, home appliances, Jeju specialty products, and miscellaneous goods. It is located about 1.2 km from Jeju International Airport (approximately five minutes by car) and about 6 km from the Jeju Port Cruise Terminal (approximately twenty minutes by car), making it highly accessible.

The core target market consists of Chinese cruise group tourists visiting Jeju. JTC has secured a stable foundation for tourist inflow through strategic collaboration with local travel industry partners that have strengths in attracting inbound Chinese tourists. The company also plans to apply its store operation and product sales expertise accumulated from its Japanese post-purchase duty-free business to penetrate the Korean market.

A JTC representative, speaking via telephone to this newspaper, said, "Jeju is a major port of call for cruises departing from China, and we are closely monitoring it as a highly advantageous market for securing demand from Chinese group tour visitors."

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*This content was translated by AI.