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District report · Q2 2026

Myeongdong

How Korea's Myeongdong retail district is moving, street by street.

3,386active stores
+2.5%vs. previous quarter
31commercial streets
#14 / 23growth among famous districts

The short answer

Myeongdong had 3,386 active stores on 31 commercial streets in Q2 2026, +2.5% (+81) versus the previous quarter; 20 streets added stores. It ranks #14 of 23 famous Korean retail districts for store growth this quarter.

What's on the street

Food & drink 26%Retail 21%Personal services 5%Education 2%Leisure 2%Lodging 5%Real estate 3%Other 36%

Share of active stores by category.

Who shops here

Spending levelMid-market · higher than 40% of Korean streets
Late-night activityMostly daytime · higher than 42% of Korean streets
Repeat visitsDestination (visitors) · higher than 0% of Korean streets

Percentiles against all 25,987 tracked streets. Indicators are relative, not currency amounts.

Hottest streets in Myeongdong

Ranked by momentum — this quarter's rise in store count and density.

StreetStoresQoQMomentumGrowing brandsCharacterStage
Cheonggyecheon-ro청계천로 · Jung-gu535+5.1%83.67Office lunchGrowing
Toegye-ro 20-gil퇴계로20길 · Jung-gu103+9.6%79.31Late-nightNearing oversupply
Myeongdong 9-gil명동9길 · Jung-gu73+4.3%79.03Dining alleyGrowing
Namdaemun-ro 9-gil남대문로9길 · Jung-gu206+7.3%78.53Mixed-useNearing oversupply
Myeongdong 4-gil명동4길 · Jung-gu92+2.2%78.15Dining & shoppingStable
Myeongdong 8-gil명동8길 · Jung-gu149+0.7%77.32Mixed-useQuality improving

Fast-growing brands already here

Brands whose Korean networks grew over the past year, with more openings than closures. Shrinking brands are excluded.

BrandCategoryStores in KoreaNet new, 2025
Bonjuk & Bibimbap본죽&비빔밥Korean food1,150+147
AVA Hair에이바헤어Hair & beauty320+102
THE VENTI더벤티Coffee1,230+101
Norang Chicken노랑통닭Fried chicken751+101
Nomoeopija노모어피자Pizza174+78
Eutteum50angyeong으뜸50안경안경305+43
Goobne Chicken굽네치킨Fried chicken1,154+36
Mom's Touch맘스터치Fast food1,444+35
Peuraengkeubeogeo프랭크버거Fast food622+31
Banapeureso바나프레소Coffee52+30

Next streets nearby

Streets within 1.5 km of Myeongdong, outside its core, that added stores this quarter — where activity tends to spill over.

StreetStoresQoQMomentumGrowing brandsCharacterStage
Sogong-ro소공로 · Jung-gu498+2.9%84.32Mixed-useQuality improving
Jong-ro종로 · Jongno-gu2,740+3.7%83.547Mixed-useEarly growth
Namdaemun-ro남대문로 · Jung-gu930+3.0%82.99Mixed-useStable
Jong-ro 12-gil종로12길 · Jongno-gu89+12.7%82.21Late-nightNearing oversupply
Toegye-ro퇴계로 · Jung-gu2,072+2.4%81.225Office lunchQuality improving
Saemunan-ro 5-gil새문안로5길 · Jongno-gu237+4.4%80.48Office lunchGrowing

Streets like Myeongdong, elsewhere in Korea

Closest match on store mix, spending level, late-night activity and repeat visits — useful when planning a second or third location.

StreetStoresQoQMomentumCharacterStage
Siheung-daero시흥대로 · Geumcheon-gu1,484+0.9%78.2Mixed-useStable
Dangsan-ro당산로 · Yeongdeungpo-gu835+1.6%80.1Office lunchQuality improving
Woldeukeop-ro월드컵로 · Mapo-gu908+1.6%75.2Mixed-useQuality slipping
Kintekseu-ro킨텍스로 · Ilsanseo-gu, Goyang-si535+7.7%83.5Office lunchEarly growth
Dosan-daero 55-gil도산대로55길 · Gangnam-gu103-1.0%41.0Office lunchStable
Hakdong-ro 6-gil학동로6길 · Gangnam-gu1090.0%57.3Office lunchQuality slipping

On the map

Growing fast (+5% or more)GrowingSteadyShrinking (−2% or less)Dot size = number of active stores.

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How this district is defined

“Myeongdong” is a colloquial name. Ipjimap groups the administrative neighborhoods Myeong-dong and counts every street with 20+ stores.

Cite as: “Myeongdong had 3,386 active stores on 31 commercial streets in Q2 2026, +2.5% (+81) versus the previous quarter; 20 streets added stores. It ranks #14 of 23 famous Korean retail districts for store growth this quarter.” — Ipjimap (ipjimap.com), 2026-06-30.

Questions people ask