SEOUL, April 1 (Korea Bizwire) — CU has opened its first outlet in Malaysia as part of its overseas push, the operator of South Korea’s top convenience store chain said Thursday. The 165-square-meter outlet started operations at a shopping mall in a middle-class neighborhood in the Malaysian capital of Kuala Lumpur, according to BGF Retail [...]
SEOUL, March 23 (Korea Bizwire) — GS Retail Co., operator of convenience store chain GS25, said Monday it will introduce food waste decomposers to achieve its goal of ‘zero food waste’. Unlike ordinary food waste disposers that produce effluents and other unnecessary byproducts or ‘dryers’ that use dehydration methods to minimize food waste, these decomposers [...]
SEOUL, March 19 (Korea Bizwire) — South Korean convenience store chain CU has introduced the country’s first beer subscription service. BGF Retail Co., CU’s operating company, said Thursday that it had joined hands with Dailyshot, an online-to-offline (O2O) service app for alcoholic beverages, to launch a canned beer subscription service. Dailyshot is a South Korean [...]
SEOUL, Feb. 23 (Korea Bizwire) — Plastic bottles collected by GS25, a convenience store chain run by GS Retail Co., will be upcycled into hiking clothes designed by outdoor apparel maker Black Yak. GS Retail announced Monday that it had signed a contract with Black Yak to collaborate on a project to scrap plastic bottles and develop [...]
SEOUL, Jan. 1 (Korea Bizwire) — In the midst of the government banning gatherings of more than five people to prevent the spread of the coronavirus, convenience store owners and franchise headquarters have conflicting interests when it comes to convenience stores’ 24-hour operating system. Store owners insist that their ‘late night’ operations should be stopped [...]
INCHEON, Dec. 30 (Korea Bizwire) – An employee at a convenience store in Incheon recently experienced a ‘food terror attack’ by a customer who visited the store around midnight. After buying milk and a sandwich, the customer started eating them in the corner of the store. Since the government has upgraded the social distancing rule [...]
SEOUL, Dec. 28 (Korea Bizwire) — Changes in consumer lifestyle following the onset of the coronavirus pandemic are being felt in convenience store sales. 7-Eleven’s transportation card recharge sales between January and December 22 were 48.4 percent lower compared to the previous year. Sales of standard garbage bags, in contrast, were 21.8 percent higher. During [...]
SEOUL, Dec. 9 (Korea Bizwire) — South Korea’s major convenience store chain CU said Tuesday that all of its stores across the country will stop using plastic bags and start using eco-friendly bags, a first among the nation’s convenience store chains. CU will use environmentally-friendly paper bags certified by the Ministry of Environment and made [...]
SEOUL, Dec. 1 (Korea Bizwire) — A new artificial intelligence (AI)-based delivery robot made an appearance at a local convenience store. LG Electronics Inc., a major home appliance maker, and GS Retail Co., operator of convenience store chain GS25, introduced the an AI-based delivery robot LG CLOi ServeBot for a test run at a convenience [...]
SEOUL, Nov. 13 (Korea Bizwire) — CU, a major convenience store chain, announced Thursday that it will introduce Green Save service in which products nearing their expiration date will be sold at a discounted price, at all stores across the country. Green Save sales at a number of stores in Seoul have soared by a [...]