Convenience stores Archives | Be Korea-savvy
Controversy Grows over Exemption of Convenience Stores from Disposable Cup Deposit System

Controversy Grows over Exemption of Convenience Stores from Disposable Cup Deposit System

SEOUL, May 11 (Korea Bizwire) — A new disposable cup deposit system will enter effect for coffee shops, bakeries and fast food outlets across the country at the beginning of June. Nonetheless, controversy remains unabated. At present, many businesses subject to the new deposit program are concerned about how to prepare for the rollout. Thanks [...]

Regulator OKs Convenience Store Operator Korea Seven’s Takeover of Ministop

Regulator OKs Convenience Store Operator Korea Seven’s Takeover of Ministop

SEOUL, March 22 (Korea Bizwire) — South Korea’s antitrust regulator said Tuesday it has decided to approve a deal by Korea Seven Co., the operator of 7-Eleven convenience stores, to buy its smaller rival Ministop Korea Co. In January, the country’s retail giant Lotte inked a deal to acquire a 100 percent stake in Ministop [...]

Craft Beer Sales Booming at Convenience Stores

Craft Beer Sales Booming at Convenience Stores

SEOUL, Nov. 23 (Korea Bizwire) — Korean craft beers selling at convenience stores are enjoying a surge in popularity. Three years ago, the convenience store beer market was dominated by imported beers thanks to a hugely popular promotion in which four cans were selling for 10,000 won (US$8.42). Today, the situation has changed with each [...]

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 [...]