The Emart24 convenience store franchise opened its third store in Malaysia on Thursday.
Effort by convenience stores to get rid of food close to its "sell by" date have proved to be new source of revenue.
Korean households are about to get free money from the government in the form of 250,000 won ($214) emergency relief grants -- and retailers are hoping to pull a lot of it into their cash registers.
Convenience stores are trying to position themselves as more affordable alternatives to the big discount supermarkets, selling low-cost house-brand items including ramyeon and microwaveable rice.
Retailers are expanding partnerships with finance companies to reach out to the younger generation.
GS Retail celebrated its merger with GS Home Shopping Thursday, saying that the new entity—also called GS Retail—will be a major player in the highly competitive retail markets.
Korean convenience store chains are branching out to Southeast Asia, getting into markets where the industry is just taking off.
Coupang is said to be the Amazon of Korea. Now it’s trying to create an Amazon PrimeVideo of its own. Other retail companies that don't have their own streaming platform are active on YouTube.
GS25 entered the Mongolian market Tuesday, opening three stores in Ulaanbaatar.