large supermarkets Archives

Convenience Stores More Profitable than Large Supermarkets in 2019

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 [...]

78 pct of Employees at Large Supermarkets Want Holidays Off

SEOUL, May 16 (Korea Bizwire) — Eight out of 10 employees who work at large supermarkets or super supermarkets (SSMs) want to rest on holidays such as Lunar New Year’s Day and Chuseok, the Korean equivalent of Thanksgiving. Rep. Bak Maeng-woo of the main opposition Liberty Korea Party reported on Wednesday that he and the [...]