SEOUL, July 7 (Korea Bizwire) — Refrigerated shelves at convenience stores are often set to excessively low temperatures, leading to significant energy waste, a consumer advocacy group said Thursday. The Korea Consumer Agency examined the temperature settings of refrigerated display stands in 60 convenience stores nationwide. Among these, 56 stores had set their temperatures below [...]
SEOUL, June 5 (Korea Bizwire) — South Korean convenience store industry’s strategy to maximize offline sales by utilizing online platforms is gaining momentum. Convenience store chain CU placed a hangover relief jelly at its physical stores after the product gained popularity among young people when it was released on its mobile application Pocket CU in [...]
SEOUL, May 31 (Korea Bizwire) — In the era of high inflation, convenience stores are striving to attract budget-conscious young consumers by introducing highly cost-effective private brand (PB) products. GS25, a convenience store chain, plans to offer its PB ice Americano and Americano, originally priced at approximately 2,000 won each (US$1.52), at a significantly discounted [...]
SEOUL, April 12 (Korea Bizwire) — Optical film manufacturer Sangbo Corp. announced that it has developed a special film that selectively prevents cigarette ads in convenience stores from being viewed from outside. The company completed a patent application and established a mass-production system for the target blocking (TB) film after developing it. The TB film’s [...]
SEOUL, April 10 (Korea Bizwire) — South Korean convenience store chains are continuing discount promotions for popular alcoholic beverages, including whisky and wine. CU sold 1,600 bottles of some 30 popular whiskies and wines at 30 stores in the Seoul region last weekend at a discount rate of up to 30 percent. Balvenie 12-Year-Old Double [...]
SEOUL, March 8 (Korea Bizwire) — The number of convenience stores in Seoul had marked a fourfold increase over the past 15 years, data showed Tuesday. According to the Seoul Metropolitan Government, the number of convenience stores located in the city reached 8,493 in 2021, up about 400 percent compared to 2,139 in 2006. The [...]
SEOUL, Feb. 16 (Korea Bizwire) — Convenience store owners are claiming that the translucent sheets affixed to prevent cigarette ads from being viewed from outside threaten workers’ safety, and are calling for the revision of relevant laws. The National Convenience Store Franchise Association issued a statement on Wednesday saying that convenience stores that operate 24 [...]
SEOUL, Feb. 3 (Korea Bizwire) — South Korean convenience stores are engaging in various activities to promote eco-friendly consumption. 7-Eleven announced Thursday that it will replace all regular-sized plastic ice cups with paper cups. Following the introduction of paper ice cups in January last year, the convenience store had been offering both plastic and paper [...]
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 [...]
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, [...]