Convenience stores Archives | Be Korea-savvy
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 [...]

Convenience Stores See Sales of Premium Side Dishes for Wine Rise Sharply

Convenience Stores See Sales of Premium Side Dishes for Wine Rise Sharply

SEOUL, Oct. 2 (Korea Bizwire) — When consumers buy wine at convenience stores in South Korea, they tend to buy premium side dishes with a value equivalent to about a half of that of the wine. Convenience store chain CU analyzed sales trends at its stores for the period from Sept. 1-23. The analysis showed [...]