Number of New Convenience Stores in S. Korea Drops in 2018

SEOUL, Jan. 6 (Korea Bizwire) — The number of new convenience stores in South Korea moved down in 2018 from a year earlier, industry data showed Sunday, due mainly to an increase in labor costs and the market’s saturation. According to industry data, new CU branches, operated by BGF Retail Co., posted a net increase [...]