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Convenience stores are everywhere — but no longer the same
April 18, 2026
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Since their arrival in South Korea in the late 1980s, convenience stores have operated on a simple logic that more locations bring more customers. That premise seems to have run its course, however, as reflected in a decline in store numbers from 54,852 in 2024 to 53,266 last year. Sales growth across the four major chains — CU, GS25, Emart24 and 7-Eleven — has slowed in tandem, falling from 8 percent in 2023 to 3.9 percent in 2024 and just 0.1 percent in 2025.
In response, the industry is recko
The korea Herald News
Coverage and analysis from South Korea. All insights are generated by our AI narrative analysis engine.
South Korea
Bias: center
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