Convenience stores Archives | Be Korea-savvy
Convenience Store Chains Take Initiative to Safeguard Public

Convenience Store Chains Take Initiative to Safeguard Public

SEOUL, Nov. 22 (Korea Bizwire) — The convenience store industry is striving to play a greater role in public safety amid growing public interest in the response to emergency situations after the Itaewon disaster. CU recently signed a memorandum of understanding with security service provider S-1 Corp. to establish emergency medical equipment-related public services. Under [...]

Convenience Stores See Surge in Popularity of Pharmaceuticals and Parcel Delivery Services over Holiday

Convenience Stores See Surge in Popularity of Pharmaceuticals and Parcel Delivery Services over Holiday

SEOUL, Sept. 13 (Korea Bizwire) — Convenience stores, open even during the holidays, are seeing rising sales of pharmaceuticals and parcel delivery services. CU, South Korea’s top convenience store chain, saw sales of essential drugs jump by 16.5 percent in 2018 and 10.5 percent in 2019 during the four-day Chuseok fall harvest holiday. This year, [...]

Convenience Stores Launch Sales of Rare Items as Chuseok Gifts

Convenience Stores Launch Sales of Rare Items as Chuseok Gifts

SEOUL, Aug. 11 (Korea Bizwire) — South Korea’s convenience store chains have launched sales of gift sets for the upcoming Chuseok holiday from Sept. 9-12. Among such gift sets, a variety of rare and extraordinary items are drawing interest from customers. GS25 is rolling out luxury liquor gift sets, including DRC Romanee-Conti 2017 valued at [...]

Controversy Grows over Exemption of Convenience Stores from Disposable Cup Deposit System

Controversy Grows over Exemption of Convenience Stores from Disposable Cup Deposit System

SEOUL, May 11 (Korea Bizwire) — A new disposable cup deposit system will enter effect for coffee shops, bakeries and fast food outlets across the country at the beginning of June. Nonetheless, controversy remains unabated. At present, many businesses subject to the new deposit program are concerned about how to prepare for the rollout. Thanks [...]

Regulator OKs Convenience Store Operator Korea Seven’s Takeover of Ministop

Regulator OKs Convenience Store Operator Korea Seven’s Takeover of Ministop

SEOUL, March 22 (Korea Bizwire) — South Korea’s antitrust regulator said Tuesday it has decided to approve a deal by Korea Seven Co., the operator of 7-Eleven convenience stores, to buy its smaller rival Ministop Korea Co. In January, the country’s retail giant Lotte inked a deal to acquire a 100 percent stake in Ministop [...]

Convenience Stores Scramble to Boost Wine Sales

Convenience Stores Scramble to Boost Wine Sales

SEOUL, Jan. 7 (Korea Bizwire) — The rising popularity of wine is encouraging convenience stores to release new products in the new year, bolstering their marketing offensive. Emart24 sold 3.05 million bottles of wine last year, including a record-breaking 750,000 in December alone. The convenience store chain plans to open up to 4,000 stores specializing [...]

Craft Beer Sales Booming at Convenience Stores

Craft Beer Sales Booming at Convenience Stores

SEOUL, Nov. 23 (Korea Bizwire) — Korean craft beers selling at convenience stores are enjoying a surge in popularity. Three years ago, the convenience store beer market was dominated by imported beers thanks to a hugely popular promotion in which four cans were selling for 10,000 won (US$8.42). Today, the situation has changed with each [...]