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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
SEOUL, April 21 (Korea Bizwire) — CU, South Korea’s top convenience store chain, said Thursday it has opened its 200th outlet in Mongolia as part of the company’s push to expand its presence in the landlocked East Asian country. The launch came four years after CU made forays into the Mongolian market through a franchise [...]
SEOUL, Jan. 24 (Korea Bizwire) — The changes in government policy against COVID-19 have influenced consumption patterns. Sales of hangover helpers and travel kits rose by 28.4 percent and 22.6 percent, respectively, in November of last year, following the introduction of the government’s ‘With Corona’ policy, according to the convenience store chain CU. In contrast, [...]
SEOUL, Jan. 12 (Korea Bizwire) — CU, South Korea’s top convenience store chain, said Thursday it has established its 50th outlet in Malaysia as part of its overseas push. The opening comes nine months after CU set up its first outlet at a shopping mall in a middle-class neighborhood in the Malaysian capital of Kuala [...]
SEOUL, Jan. 7 (Korea Bizwire) — Convenience store chain CU has teamed up with rental service startup Aroundable to launch the “Pick and Pick” rent service at five stores. Users will be able to rent about 300 items in 11 categories, including gaming consoles, beauty devices, camping equipment and sporting goods. The minimum rental period [...]
SEOUL, Nov. 25 (Korea Bizwire) — Convenience store chain Emart24 said Wednesday that it has introduced an emergency detection system and cigarette vending machines at its fully automated Smart Coex store in southern Seoul to maximize security and convenience. The emergency detection system is capable of detecting various emergencies including customers collapsing or property damage [...]