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…
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…
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…