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This in-depth guide to South Korea explores the key trends in grocery retail and the growth strategies of the leading retailers in the country.

We review the five big trends that we identified at the start of 2019, plus provide insight on the latest performance of Asia's leading grocery retailers.

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South Korea’s FTC (Fair Trade Commission) approved a set of voluntary rules agreed by convenience store operators to better protect struggling franchisees.

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South Korea’s FTC (Fair Trade Commission) approved a set of voluntary rules agreed by convenience store operators to better protect struggling franchisees. Minimum distance between stores Five members of the Korea Association of Convenience Store Industry, CU, GS25, 7-ELEVEN, MINISTOP, C-SPACE and Emart24, came up with a voluntary agreement to curb excessive competition. A key centerpiec...
South Korean convenience chains CU and GS25, operated by BGF Retail and GS Retail respectively, have seen a recovery in their results for the first half. BGF Retail's sales up 12.3% CU convenience chain recorded a net profit of KRW45.3bn (US$40.2m) from April to June, an increase of 105% from the first quarter of this year. Sales increased 12.3% to KRW1,478.5bn (US$1.3bn) compared with the ...

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