“Kept a convenience store running for over 20 years” ... GS25 surpasses 300 long-serving store owners

[Financial News] GS25 now has more than 300 store owners who have operated their stores for at least 20 years.
According to industry sources on the 9th, as of the end of last month, 307 GS25 store owners had operated their stores for at least 20 years. The company expects that number to rise to 321 by the end of this year. Nineteen owners have operated their stores for at least 30 years. This year, owners of four stores—GS25 Nongong, Yeonsu Cheonghak, Nonhyeon Donghyeon and Apgujeong Station—are marking 30 years of operation.
GS25 provides support to long-serving store owners based on how long they have operated their stores. It offers health checkups to owners with at least 10 years of operation and travel vouchers and plaques, among other things, to those with at least 20 years.
GS25 also has a store-operation support program in place. This year's mutual-growth plan includes raising inventory disposal limits, improving product assortment and profitability, and providing sales-profit incentives. High-performing stores receive support such as water-purifier filters, water-line flushing costs and accident insurance. As part of its store-owner welfare program, GS25 also offers health and psychological care programs, holiday and childbirth gifts, and support for family events and funerals.
Shin Dong-hun, head of GS Retail's Win-Win Cooperation Team, said, “GS25's ability to grow over such a long period is the result of the mutual trust and partnership we have built with our store owners.” He added, “We will continue to develop store-opening strategies that put franchisees' profitability first, along with a range of measures to support mutual growth.”

[email protected] Kim Hyun-ji Reporter