, South Korea
Photo from GS25's website.

South Korea’s GS25 donates inventory of closed stores

The inventory was sent to a rehabilitation facility for PWDs.

South Korean convenience store chain GS25 has decided to donate the leftover inventory of its closed stores to Good Will Store, a vocational rehabilitation facility for persons with disabilities (PWDs) run by the Miral Welfare Foundation, Korea Bizwire reported.

GS25 said that it decided to donate the inventory to have them used more effectively, as well as to address problems arising during the process of disposal, including the cost of product recovery, storage and processing.

When GS25 outlets terminate operations, Good Will Store will collect the leftover inventory and sell it through its outlets across the country.

The proceeds from the sales will be used to cover the salaries of its 280 employees with disabilities who work at 14 of its outlets across the country.

Read more: South Korea’s retail sales grow 10.6% YoY in April

Follow the link for more news on

Join Retail Asia community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

Exclusives

Brands told to come clean about beauty care
Consumers are more discerning and can easily spot fake ingredient claims.
Swarovski cracks TikTok to scale luxury amongst Gen Zs
The Austrian glassmaker is working with influencers to connect with the Singaporean market.
Starbucks Korea opens high-tech store in Seoul
Its first reserve-only branch features AR art installations and a Mixology Bar.
Decathlon gets closer to hybrid Singaporean shoppers through pick-up service
The world’s largest sporting goods retailer lets clients pick up online orders on the go.Decathlon is building on the success of its pick-up service in Singapore as it progresses toward its target of having 37 locations in the city-state in the next two years, its top official said.