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Millions of ‘Idol Sandwiches’ Sold Only Months After Their Debut

Millions of ‘Idol Sandwiches’ Sold Only Months After Their Debut

SEOUL, Nov. 13 (Korea Bizwire) — So-called ‘idol sandwiches,’ known to be favored by certain K-pop stars, are selling like hotcakes at convenience stores. GS25, a major convenience store franchise, said that YouUs Idol’s Favorite Sandwich topped all food sales charts just two and a half months after its release, with more than 5 million [...]

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 [...]

Single-Person Households Drive Growth of Single-Serving Groceries, Ready-to-Eat Meals

Single-Person Households Drive Growth of Single-Serving Groceries, Ready-to-Eat Meals

SEOUL, March 12 (Korea Bizwire) — Sales of fresh food products in small quantities and home meal replacements have grown substantially with single- and dual-person households emerging as primary consumers. In the past two weeks, sales of GS Supermarket’s “single-serving vegetable” packets were 68.7 percent higher than in the two weeks directly following the date [...]

Franchise Convenience Store Owners Work Crippling Hours Year-Round

Franchise Convenience Store Owners Work Crippling Hours Year-Round

SEOUL, Feb. 13 (Korea Bizwire) – A study conducted by the Seoul Metropolitan Government into the working conditions of franchise convenience store owners has found that almost 40 percent are not able to take even a single day off work each year. Including 951 owners, the study revealed that average working hour totals were extreme. [...]

Preorders for Latest HNB E-Cig “Lil” Hit 10,000 in 2 Days

Preorders for Latest HNB E-Cig “Lil” Hit 10,000 in 2 Days

SEOUL, Nov. 15 (Korea Bizwire) – KT&G has exhausted its 10,000-unit supply of its HNB e-cigarette “Lil” within two days, according to the South Korean tobacco firm. Sold at GS25 convenience stores throughout the Seoul area, the pre-orders began on November 13 and ended around 5 p.m. the following day. Buyers can pick up their [...]

Convenience Stores Decry Credit Card Fees on Cigarettes, Plastic Bags

Convenience Stores Decry Credit Card Fees on Cigarettes, Plastic Bags

SEOUL, Sept. 14 (Korea Bizwire) – A collective of convenience store owners will file a class action lawsuit against the government to demand the repayment of five years’ worth of credit card fees on cigarettes and plastic bag sales. The collective’s leader, Kye Sang Hyuk, shared with media outlets on September 14 that preliminary discussions [...]

Pesticide Eggs: Wary Retailers Ban Sale of Belgian Products

Pesticide Eggs: Wary Retailers Ban Sale of Belgian Products

SEOUL, Aug. 11 (Korea Bizwire) — The European Union’s recent acknowledgement that large-scale shipments of eggs from Belgium and the Netherlands may have been contaminated by a pesticide has stores and markets rethinking the sales value of Belgian waffles. The pesticide, Fipronil, is believed to be hazardous to humans. So far, Germany, England, Sweden, Switzerland [...]