GS Retail Co. posted record revenue of 11.96 trillion won ($8.97 billion) in 2023, driven by strong core businesses, though Q4 results missed market expectations.
#YonhapInfomax #GSRetail #RecordRevenue #OperatingProfit #ConvenienceStores #Q4Results #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=103822

GS Retail Co. posted a 68.5% year-on-year jump in Q4 operating profit, but results missed market expectations, with revenue and profit both coming in below analyst forecasts.
#YonhapInfomax #GSRetail #OperatingProfit #Q4Earnings #MarketConsensus #RevenueGrowth #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=103813

GS Retail Co., a major South Korean retailer, is moving to establish a labor union after its branch's affiliation with the Federation of Korean Trade Unions was approved, marking the unionization of all three leading convenience store operators.
#YonhapInfomax #GSRetail #LaborUnion #FederationOfKoreanTradeUnions #ConvenienceStore #Unionization #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=95114

GS Retail is accelerating the development of its retail media business by integrating in-store and mobile advertising platforms, resulting in a doubling of promotional product sales at GS25 stores.
#YonhapInfomax #GSRetail #RetailMedia #GS25 #Advertising #SalesGrowth #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=93711

GS Retail Co. reported a 31.6% year-on-year surge in Q3 operating profit, driven by strong convenience store performance, with revenue hitting a quarterly record and results surpassing market expectations.
#YonhapInfomax #GSRetail #OperatingProfit #ConvenienceStore #Q3Earnings #RevenueGrowth #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=89505

GS Retail Co. reported a 31.6% year-on-year jump in Q3 operating profit, surpassing market expectations, as quarterly revenue hit a record high on strong convenience store performance.
#YonhapInfomax #GSRetail #OperatingProfit #Q3Earnings #ConvenienceStore #RecordRevenue #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=89500

GS Retail posts robust Q3 results with operating profit surging 31.6%, outperforming analyst forecasts and signaling strong retail sector momentum.
#YonhapInfomax #GSRetail #OperatingProfit #Q3Results #MarketExpectations #RetailSector #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=89495

GS Retail's GS25 convenience store chain has surpassed 750 Fresh Concept Stores, with plans to reach 1,000 by next year, driven by double-digit growth in fresh food sales and expanded logistics and marketing strategies.
#YonhapInfomax #GS25 #FreshConceptStore #GSRetail #FreshFoodSales #StoreExpansion #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=86442

GS Retail is forecast to post a strong Q3 earnings rebound, driven by government consumer coupons, easing concerns over negative growth in South Korea’s convenience store sector.
#YonhapInfomax #GSRetail #ConsumerCoupons #OperatingProfit #ConvenienceStore #Q3Earnings #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=86217

GS Retail Co., Ltd. is moving to sell its loss-making pet e-commerce subsidiary AboutPet, forgiving 20 billion won ($14.7 million) in loans as part of a strategic shift to focus on core retail operations.
#YonhapInfomax #GSRetail #AboutPet #LoanForgiveness #OperatingLoss #DivestmentStrategy #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=85463

GS Retail Co., Ltd. and NongHyup Economic Holdings have signed a partnership to boost domestic livestock consumption and support local farmers, leveraging GS Retail’s nationwide distribution network and joint product development initiatives.
#YonhapInfomax #GSRetail #NongHyupEconomicHoldings #DomesticLivestock #DistributionNetwork #LivestockFarmersSupport #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=81607

GS Retail’s GS25 and GS The Fresh chains have joined Coupang Eats Shopping, making GS Retail the only company in South Korea to offer quick commerce services through all three major delivery apps, with plans for further expansion.
#YonhapInfomax #GSRetail #GS25 #CoupangEats #QuickCommerce #DeliveryApps #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=78634

GS Retail Co. beat market forecasts with Q2 operating profit of 84.5 billion won, as strong convenience store sales and a turnaround in development and subsidiaries drove growth.
#YonhapInfomax #GSRetail #OperatingProfit #ConvenienceStore #QuickCommerce #SubsidiariesTurnaround #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=76241

GS Retail Co. reported a second-quarter operating profit of 84.5 billion won, up 1.7% year-on-year and beating market expectations, driven by strong convenience store and supermarket sales.
#YonhapInfomax #GSRetail #OperatingProfit #Q2Earnings #ConvenienceStore #MarketConsensus #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=76235

GS Retail outperforms market forecasts with a 1.7% rise in Q2 operating profit, reporting 84.5 billion won amid resilient retail sector performance.
#YonhapInfomax #GSRetail #OperatingProfit #Q2Earnings #RetailSector #MarketExpectations #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=76231

GS Retail Co. is expected to report a 10% drop in Q2 operating profit as weak convenience store demand and sluggish consumer spending weigh on earnings, with only a short-term boost anticipated from government coupons.
#YonhapInfomax #GSRetail #OperatingProfit #ConvenienceStore #ConsumerSpending #Q2Earnings #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=75077

GS Retail has appointed former anchor Baek Ji-yeon as Customer Experience Advisor, aiming to enhance customer trust and corporate value through strategic brand and media initiatives.
#YonhapInfomax #GSRetail #BaekJiYeon #CustomerExperience #BrandStrategy #MediaConsulting #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=72157

South Korea’s convenience store stocks, including BGF Retail and GS Retail, surged as the government unveiled a 12.2 trillion won ($8.8 billion) consumer coupon program, expected to drive significant sales growth in the sector by targeting offline retail channels and excluding major hypermarkets.
#YonhapInfomax #ConsumerCoupon #BGFRetail #GSRetail #ConvenienceStore #SupplementaryBudget #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=71104

South Korea’s convenience store sector faces declining sales and tighter funding conditions, prompting major chains like GS Retail and BGF Retail to accelerate expansion into emerging overseas markets.
#YonhapInfomax #ConvenienceStore #GSRetail #BGFRetail #OverseasExpansion #OperatingProfitDecline #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=70118

GS Retail reports Q1 operating profit of 38.6 billion won, down 22% YoY and below market expectations, despite 2.2% sales growth amid challenging retail environment
#YonhapInfomax #GSRetail #Q1Earnings #OperatingProfit #RetailSales #ConvenienceStores #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=62451