Emart24 Archives - Inside Retail Asia

South Korean convenience stores wind back 24-hour service

South Korean convenience-store owners are cancelling 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 per cent 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 traded arou…

Shinsegae testing a cashierless grocery store concept, similar to Amazon Go

South Korean retail giant Shinsegae is developing a cashierless grocery-store modelled on the Amazon Go concept.

Rivals in race for Ministop South Korea chain

Shinsegae and Lotte are competing to take full ownership of Ministop South Korea.