Convenience stores Archives | Be Korea-savvy
“Panic Button” at Convenience Stores Helps Decrease Erroneous Police Reports

“Panic Button” at Convenience Stores Helps Decrease Erroneous Police Reports

SEOUL, Aug. 7 (Korea Bizwire) — A new system jointly developed by police authorities and the convenience store chain CU that allows employees to report criminal activities has been effective at cutting down on the filing of unnecessary police reports. Police revealed yesterday that the “emergency reporting system” that that was implemented at all of [...]

More Convenience Stores to Launch Private Label Products

More Convenience Stores to Launch Private Label Products

SEOUL, Jul. 10 (Korea Bizwire) — More South Korean convenience stores are set to launch in-house products as local retailers move to attract more consumers with price competitiveness, industry sources said Tuesday. E-Mart24 Inc., the convenience store arm of South Korean retail giant Shinsegae, said it is planning to unveil its own private label product [...]

Convenience Stores’ Sales Soar as S. Korea Kicks Off World Cup Campaign

Convenience Stores’ Sales Soar as S. Korea Kicks Off World Cup Campaign

SEOUL, Jun. 19 (Korea Bizwire) — Local convenience stores saw their sales jump as tens of thousands of South Koreans took to the streets to cheer on their national football team in the first game of its World Cup campaign, retailers here said Tuesday. BGF Retail Co., the operator of the country’s largest convenience store [...]

S. Korea’s Convenience Store Industry Nears Saturation

S. Korea’s Convenience Store Industry Nears Saturation

SEOUL, Apr. 13 (Korea Bizwire) — When Chung Sung-yeop opened a franchise convenience store in a commercial district of northern Seoul in 2015, there was one competing store within a 1-kilometer radius. Since then, three more convenience stores have opened within easy reach of his outlet, squeezing profits and hurting sales. “Literally, the convenience store [...]

Convenience Stores Woo Clients with PB Combination Goods: Sources

Convenience Stores Woo Clients with PB Combination Goods: Sources

SEOUL, Apr. 1 (Korea Bizwire) — South Korea’s convenience store chains are introducing private-label (PB) products that combine the features of best-selling items to entice clients seeking new products at lower prices, industry sources said Friday. 7-Eleven’s PB Yoghurt Flavored Jelly, a combination of yogurt and jelly, has gained popularity since its debut in 2016 [...]

Convenience Stores Branching Out into Cosmetics, Pet Products

Convenience Stores Branching Out into Cosmetics, Pet Products

SEOUL, Feb. 12 (Korea Bizwire) — South Korean convenience stores are branching out into new fields as sales of cosmetics and pet products continue to increase. Nearly 95 percent of the products sold at convenience stores are food and beverages, according to industry sources, but an increasing number of convenience store chains are expanding their offerings [...]

Distribution Industry Moving from Big Retailers and Department Stores to Convenience Stores and Online Sales

Distribution Industry Moving from Big Retailers and Department Stores to Convenience Stores and Online Sales

SEOUL, Jul. 31 (Korea Bizwire) — The center of the South Korean distribution industry is shifting from mega-sized retailers and department stores to easily-accessible convenience stores and online sales at an unexpected pace. The sales growth rate of large-sized retailers and department stores in the first half of the year remained stagnant, but convenience stores [...]

Convenience Store Frozen Food Sales Rebound

Convenience Store Frozen Food Sales Rebound

SEOUL, Jul. 7 (Korea Bizwire) — As the number of single-person households continues to grow in South Korea, sales growth of frozen food at major convenience stores has significantly increased over the past six months, compared to average sales from 2012 to 2016. Among the frozen food items, frozen pizza was most popular, with sales [...]