SEOUL COMMERCIAL AREA

명동역(명동재미로) 발달상권

중구명동· Area 157,156 m² · Area code 3120027 · Boundary 2023-10 (2023-10-20)

Quarterly statistics by industry that the Seoul commercial analysis service aggregates for this area. Top to bottom: three figures → reading → market change → competition change → customers → detailed data → sources and caveats.

Listed by the newest quarter's store count; not a rating or ranking.

신발 2025 Q4 · Seoul data

Estimated sales (quarter)₩117M▼ -60.3% YoY
Stores36▼ -5.3% YoY
Sales per store₩3.2M▼ -58.1% YoY

Reading this area Estimated sales fell 60.3% from a year earlier and stores fell 5.3%. Sales per store are down 58.1%. (descriptive pattern: Shrinking)

Market change how size and per-store sales moved
Change 2021 Q1 → 2025 Q4
Estimated sales▼ -17.6%
Stores▼ -14.3%
Sales per store▼ -3.9%
Market size
Estimated sales (quarter)
₩117M
vs 2024Q4
-60.3%
Estimated transactions
1,147
Per-store economics
Estimated sales per store
₩3.2M
vs a year ago
-58.1%
Per transaction
₩102K
Quarter-by-quarter series (20 quarters)

Full series 2021 Q1 → 2025 Q4 · 20 quarters

Estimated sales (quarter)₩28.5M – ₩584.5M
20212022202320242025
₩142M₩117M
Stores36 – 45
20212022202320242025
4236
Sales per store₩647K – ₩13.9M
20212022202320242025
₩3.4M₩3.2M
Openings0 – 3
20212022202320242025
10
Closings0 – 3
20212022202320242025
00
Franchise share2% – 3%
20212022202320242025
2%3%

⚠ Dashed vertical line: the 2024 change of the city’s spatial unit. Keep it in mind when reading across it.

Lines join the values as recorded; a quarter without data breaks the line. Each chart is scaled to its own range. Latest sales YoY -60.3%, stores YoY -5.3%.

Competition change stores, openings, closings, franchise
Competition
Stores
36
vs a year ago
-5.3%
Franchise share
3% (1/36)
Movement
Openings (rate)
0 (0%)
Closings (rate)
0 (0%)
Net store change
±0
Estimated sales 2024 Q1 → 2025 Q4
₩61.4M₩117M
Stores 2024 Q1 → 2025 Q4
4236
Sales per store 2024 Q1 → 2025 Q4
₩1.5M₩3.2M

⚠ Vertical line: the 2024 change of the city's spatial unit

Customers when and who (share of estimated sales)
Time of day
  • 00–060%
  • 06–110%
  • 11–1416%
  • 14–1760%
  • 17–2124%
  • 21–240%
Age
  • 10s0%
  • 20s0%
  • 30s12%
  • 40s14%
  • 50s35%
  • 60+38%
Weekday / weekend
  • Weekday58%
  • Weekend42%
Day of week
  • Mon5%
  • Tue0%
  • Wed40%
  • Thu13%
  • Fri0%
  • Sat8%
  • Sun34%
Gender
  • Male27%
  • Female73%

Each split's share of estimated sales in 2025 Q4.

Detailed data every quarter, raw and derived
All quarters (20, from 2021 Q1)
QuarterEst. salesYoYStoresYoYPer storeYoYOpenCloseFranchisePattern
2025Q4₩117M-60.3%36-5.3%₩3.2M-58.1%003%Shrinking
2025Q3₩81.9M-48.0%36-10.0%₩2.3M-42.2%003%Shrinking
2025Q2₩204.8M+119.2%36-10.0%₩5.7M+143.6%003%Mixed
2025Q1₩156.6M+155.1%36-14.3%₩4.4M+197.6%023%Mixed
2024Q4₩294.9M+80.6%38-11.6%₩7.8M+104.3%023%Mixed
2024Q3₩157.5M+13.7%40-11.1%₩3.9M+27.9%003%Mixed
2024Q2₩93.4M-69.7%40-9.1%₩2.3M-66.7%023%Shrinking
2024Q1₩61.4M-74.2%42-6.7%₩1.5M-72.4%012%Shrinking
2023Q4₩163.3M-68.6%43-4.4%₩3.8M-67.1%022%Shrinking
2023Q3₩138.5M+162.2%450.0%₩3.1M+162.2%102%Growing
2023Q2₩308.7M+351.4%440.0%₩7M+351.4%232%Growing
2023Q1₩238.1M+736.6%45+2.3%₩5.3M+718.0%222%Growing
2022Q4₩519.7M-11.1%45+7.1%₩11.5M-17.0%112%Possible crowding
2022Q3₩52.8M-88.5%45+4.7%₩1.2M-89.0%102%Possible crowding
2022Q2₩68.4M-77.0%44+4.8%₩1.6M-78.0%002%Possible crowding
2022Q1₩28.5M-80.0%44+4.8%₩647K-80.9%312%Possible crowding
2021Q4₩584.5M42₩13.9M122%
2021Q3₩457.7M43₩10.6M102%
2021Q2₩297.1M42₩7.1M002%
2021Q1₩142M42₩3.4M102%
Sources and caveats

Seoul commercial-area boundaries (상권 영역) 2023-10-20·Seoul commercial-area store statistics (점포-상권) 2025-12-31·Seoul commercial-area estimated sales (추정매출-상권) 2025-12-31

Source: Seoul Metropolitan Government and Seoul Credit Guarantee Foundation, Seoul Commercial Analysis Service (KOGL type 1, attribution). NumLM Biz processes and analyses the original data.

Meaning & limits

Quarterly sales the city estimates from card data and area-level store statistics. Not actual takings, not the state of any shop, and a different count from the shops inside the radius. Industries are matched approximately to this site's types. The pattern names the direction of sales, stores and sales per store against a year earlier; it is not a score or a recommendation, and the same pattern can be read as opportunity or risk. Arrows show direction only, not good or bad.

⚠ Boundaries come from the 2023-10 file; in 2024 the Seoul service changed its spatial unit. The area codes are the same set in every year 2021–2025 here, but keep the change in mind when reading long series; the vertical line in the charts marks it.