Tag: c-store

Retail Asia15/01/2020
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2min0
South Korean convenience-store owners are canceling 24-service as minimum wage rise has eroded profits. Last year, president Moon Jae-in launched a campaign to raise the hourly minimum wage by 29 percent over two years. With night-shift employees earning time-and-a-half pay, franchisees have been struggling to pay part-time staff during the small hours. Not all stores […]

Retail Asia02/01/2017
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1min
South Korean convenience store chain CU has launched BGF Post, a c-store-specific parcel delivery service unit. A Korean Economic Daily article reported that BGF Post has been set up to distinguish CU’s parcel service from other convenience store chains’. CU previously operated CVS Net, a joint parcel service with GS25 convenience stores. As it independently operates […]

Retail Asia17/04/2015
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3min
A convenience store chain in Korea plans to offer affordable smartphone battery replacements instead of time-consuming charging services. BGF Retail, the company behind the CU convenience store chain, announced on April 14 that it would begin the battery replacement service in May. The service offers fully charged smartphone batteries to smartphone users in exchange for […]


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