The article profiles a traditional merchant corridor in Seoul, highlighting the struggles of local businesses like a speaker shop that once thrived on the nostalgic draw. The area faces challenges due to ongoing urban renewal, impacting its local commercial life.

For 42 years, Ha Sung-ki has sold large speakers to churches and event halls from his electronics shop inside Seoul’s Sewoon Plaza. On a weekday afternoon, the corridor outside – once part of a bustling merchants’ network – is largely empty. “These days, the number of customers crossing the street to come here can be counted on your fingers – sometimes fewer than 10 a day,” he said. “People used to come for the nostalgia, the vintage products and the experience of assembling electronic...