convenience store Archives | Be Korea-savvy
Convenience Store Chains Trial High-tech Services

Convenience Store Chains Trial High-tech Services

SEOUL, Nov. 8 (Korea Bizwire) — South Korea’s convenience store chains are testing a variety of technologies, running some fully unmanned stores and hybrid (unmanned night operations) stores in a smart store format. A good example of this is CU’s artificial intelligence (AI) face recognition kiosk. Once users register their face and customer information at [...]

Young Koreans Driving Changes in Convenience Store Alcoholic Beverage Sales

Young Koreans Driving Changes in Convenience Store Alcoholic Beverage Sales

SEOUL, Oct. 18 (Korea Bizwire) — As people in their 20s and 30s, who value special experiences, emerge as the main consumer group for the alcoholic beverage market, brand-new beverages with differentiated value such as distilled soju and beer from craft breweries are rising to the top of sales rankings. Convenience store chain GS25 analyzed [...]

Convenience Store Owners Mull Charging More During Late-night Hours

Convenience Store Owners Mull Charging More During Late-night Hours

SEOUL, July 7 (Korea Bizwire) — Convenience store owners are considering imposing extra charges during late night hours in protest of the recent decision to raise the minimum wage next year. The Korea Franchisee Union, comprised of all franchisees of major convenience store chains, said Wednesday that it has decided to ask convenience store chains [...]

Convenience Store Chains to Introduce Limited Drone Delivery Service in Leisure Destinations

Convenience Store Chains to Introduce Limited Drone Delivery Service in Leisure Destinations

SEOUL, July 6 (Korea Bizwire) — South Korean convenience chains said Wednesday they plan to introduce limited drone delivery services in selected stores in leisure destinations, as competition to provide faster deliveries heats up. BGF Retail, the operator of CU convenience stores, said Wednesday it will start offering drone deliveries from its store in the [...]

High-tech Convenience Stores Boom amid High Labor Costs and Contactless Services

High-tech Convenience Stores Boom amid High Labor Costs and Contactless Services

SEOUL, July 1 (Korea Bizwire) — A digital transformation is taking place in South Korea’s convenience store industry, with local retailers racing to open stores installed with the latest retail technologies. GS Retail, the operator of local convenience store chain GS25, opened its first smart store, called the GS25 DX LAB, in southern Seoul on [...]

Convenience Stores Compete over Soju

Convenience Stores Compete over Soju

SEOUL, June 6 (Korea Bizwire) — Major convenience store chains are coming up with soju, a Korean distilled beverage made from grain, for a new round of competition this summer. GS25 joined hands with Won Spirits Co., a liquor manufacturer led by singer Jay Park, to open up a pop-up store called ‘GS Won’. Starting [...]

Convenience Store Chain CU to Add 9 International Payment Methods

Convenience Store Chain CU to Add 9 International Payment Methods

SEOUL, May 31 (Korea Bizwire) — CU, South Korea’s second-largest convenience store chain by revenue, said Tuesday it will add nine payment options, mostly from Southeast Asian countries, in the latest move to boost the convenience of foreign tourists. The new payment options, which are set to begin next month, include Hong Kong’s AlipayHK, the [...]

Convenience Store Chains Double Down on Specialty Stores

Convenience Store Chains Double Down on Specialty Stores

SEOUL, April 25 (Korea Bizwire) — South Korean convenience store chains are placing a bigger focus on developing specialty stores aimed at attracting more customers by providing them with distinguished and special consumption experiences. GS25, for instance, currently operates four types of flagship stores, including café-type stores, liquor-centered stores and finance-specialized stores. The liquor-centered store [...]