Shinsegae Group jumps into convenience store business
date:Jul 22, 2014
ing no penalties when they cancel contracts before expiry.

This is a business model that has never been seen before in the nations 25-year-old convenience store industry, Choi said.

It also signals a break from the traditionally degrading position of small partners of conglomerates.

Because the With Me stores will not be placed under our immediate management, they will not be a threat to smaller mom-and-pop shops, the CEO said.

He added that the firm was ready to start slow, as it would take
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