SEOUL, June 30 (Korea Bizwire) — Wine sales at convenience stores are growing at a robust pace in South Korea primarily thanks to strong demand from female customers in their 30s and 40s. According to the convenience store chain 7-Eleven on Sunday, wine sales at its convenience stores so far this year were 32.3 percent [...]
SEOUL, June 4 (Korea Bizwire) — Hydrogen filling stations will now be able to open convenience stores or cafes similarly to gas and liquefied petroleum gas (LPG) stations. The government decided upon 35 measures to resolve various issues faced by newly emerging industries at a meeting on Wednesday. Previously, local authorities failed to approve convenience [...]
SEOUL, May 27 (Korea Bizwire) — Koreans visit convenience stores more than twice a week and spend about 6,000 won (US$4.86) each time, according to a recent survey. As per a report released Tuesday by market analyst OpenSurvey, Koreans go to convenience stores 2.6 times a week on average and spend an average of 6,347 [...]
SEOUL, May 1 (Korea Bizwire) — Customers will soon be able to receive change after spending cash at convenience stores and supermarkets through a direct deposit into their bank account, an initiative that is expected to launch later this year. The Bank of Korea announced Wednesday that it has joined hands with convenience store chains [...]
SEOUL, March 27 (Korea Bizwire) — Convenience stores are selling more alcoholic beverages, but less hangover helpers in recent months as more people are choosing to drink at home, staying away from binge drinking as delays to the start of the school year have cut the number of meetings and group dinners. CU, a major [...]
SEOUL, Feb. 17 (Korea Bizwire) — The slump in fortunes at large discount stores is continuing and the growth of convenience stores is accelerating in line with social changes, including an increase in the number of single-person households and the rising popularity of online shopping. Amid such circumstances, convenience store chains made more money than [...]
SEOUL, Feb. 6 (Korea Bizwire) — Competition over delivery services in the convenience store industry is heating up. Convenience store chain GS25 recently launched delivery services at seven stores in Seoul in partnership with food delivery service Coupang Eats operated by e-commerce giant Coupang Inc. First of all, the company plans to implement delivery services [...]
SEOUL, Jan. 15 (Korea Bizwire) — Teenagers living near convenience stores are more exposed to the risk of obesity, a recent study revealed. The Korea Institute for Health and Social Affairs reported on Tuesday that obesity among teenagers is influenced by multiple variables including the area of residence, individual, and family practices. The institute collected [...]
SEOUL, Jan. 15 (Korea Bizwire) — Convenience stores are rising as a new platform where food products spotlighted on social media or television programs make their first debut. CU, a major convenience store chain, showcased its Kielbasa Platter that comes with a Polish Kielbasa sausage that recently went viral on social media. The dish gained [...]
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 [...]