SEOUL, Nov. 11 (Korea Bizwire) — A “Convenience Store-gram” account, a newly coined phrase combining convenience store and Instagram, appeared on social media recently. It is an account where consumers post reviews and photos of convenience store products. On top of this, the account has had a huge ripple effect on social media with a [...]
SEOUL, Oct. 26 (Korea Bizwire) — More convenience stores in South Korea are suspending sales of liquid type e-cigarettes following a government warning for people not to use such vaping products due to serious health risks. Convenience store chains Emart24 and 7-Eleven announced Saturday they will halt sales of three flavored liquid e-cigarettes made by [...]
SEOUL, Oct. 23 (Korea Bizwire) — An increasing number of consumers are buying fruit at convenience stores in front of their homes instead of going to the market. In particular, sales of bulk fruits, packages which contain more than five pieces in one bag, are on the rise. Convenience store chain CU said bags of [...]
SEOUL, Sept. 26 (Korea Bizwire) — Convenience stores are not just bringing in foreign products, but they are also exporting offerings from their own brands. GS Retail Co., a major South Korean retailer, has joined hands with Taiwanese trading firm Tait Marketing & Distribution Co. to actively export items from the private-label brand (PB) brand [...]
SEOUL, May 13 (Korea Bizwire) — In the near future, ovulation tests will be available at convenience stores, just like pregnancy test machines. The Ministry of Food and Drug Safety (MFDS) reported on Sunday that it had announced a partial revision of the “Regulations on Medical Device Authorization, Reporting, and Review,” which exempts ovulation test [...]
SEJONG, Dec. 4 (Korea Bizwire) — South Korean convenience store operators agreed Tuesday not to engage in cut-throat competition in the latest move to better protect struggling franchisees. A key centerpiece of the voluntary deal calls for CU, GS25 and Seven-Eleven and three other convenience store brands to decide “carefully” over whether to open a [...]
SEOUL, Nov. 20 (Korea Bizwire) — Mobile payments at South Korean convenience stores have more than doubled this year thanks to the greater use of smartphones and the expansion of mobile settlement services, a market player said Tuesday. South Korea’s top convenience store chain CU said the number of so-called easy mobile payments at its [...]
SEOUL, Nov. 8 (Korea Bizwire) — For Chinese tourists visiting South Korea, there are must-haves that they need to buy at South Korea’s omnipresent convenience stores. CU, a major convenience store franchise, said Chinese tourists bought Binggrae Co.’s Banana-flavored Milk the most, followed by Crami Crab Sticks, Nongshim Co.’s Shin Ramyun Black Cup Noodles, herbal [...]
SEOUL, Sept. 17 (Korea Bizwire) — Convenience stores situated in the nation’s leading industrial complexes were found to be playing the dual role of restaurant and drugstore during the nation’s major holidays, providing food and medicine to those unable to return to their hometowns. The National Convenience Store Association announced today that the sales ratio [...]
SEOUL, Sept. 17 (Korea Bizwire) — The previous world record for the greatest number of people simultaneously performing the ice A new survey has found that women are more likely to purchase larger-sized beverages than men at convenience stores. According to an analysis conducted by GS Retail, the operator of the convenience store chain GS [...]