Convenience stores Archives | Be Korea-savvy
Convenience Stores to Allow Customers to Buy Electronic Goods with Relief Funds

Convenience Stores to Allow Customers to Buy Electronic Goods with Relief Funds

SEOUL, Sept. 9 (Korea Bizwire) — Convenience store chains are competing to entice customers to spend their emergency relief funds, which the government started distributing on Monday. Stores began to come up with various marketing strategies that allow customers to purchase various electronic devices such as wireless earphones or smartwatches with the relief funds. GS25 [...]

Convenience Store Owners Question Cigarette Advertising Crackdown

Convenience Store Owners Question Cigarette Advertising Crackdown

INCHEON, April 13 (Korea Bizwire) — Alarm bells are ringing for South Korea’s convenience stores as the Ministry of Health and Welfare has announced a plan to crack down on cigarette ads starting from July. Under the current Tobacco Business Act and the National Health Promotion Act, convenience stores are required to prevent their in-store [...]

Convenience Stores Rise as New Sales Channel for Cosmetic Products

Convenience Stores Rise as New Sales Channel for Cosmetic Products

SEOUL, Feb. 23 (Korea Bizwire) — Convenience stores are becoming a popular channel for sales of cosmetics products. GS25, a convenience store chain run by GS Retail Co., reported an 18.2 percent increase in cosmetics sales last year compared to 2019. Sales growth surpassed records from 2018 (15.4 percent) and 2019 (16.9 percent), reflecting rising [...]

Convenience Stores Outperform Pandemic-hit Department Stores in 2020

Convenience Stores Outperform Pandemic-hit Department Stores in 2020

SEOUL, Feb. 14 (Korea Bizwire) — Convenience stores outperformed major department stores for the first time in terms of offline sales last year amid the country’s yearlong social distancing scheme, data showed Sunday. The combined sales of the top three convenience store chains — GS25, CU and 7-Eleven — took up 31 percent of the [...]

Convenience Stores See Sales of New Year’s Resolution Items Drop; Alcohol Sales Rise

Convenience Stores See Sales of New Year’s Resolution Items Drop; Alcohol Sales Rise

SEOUL, Jan. 5 (Korea Bizwire) — With the atmosphere of New Year’s celebrations being toned down due to the spread of COVID-19, the number of consumers buying alcohol and daily necessities at convenience stores rather than writing materials for New Year’s resolutions increased. Convenience store chain E-Mart 24 analyzed sales trends for the Jan. 1-3 [...]