GS Retail to Advance 200 Billion KRW Settlement Payments to Franchisees and Partners
Yoursday Held on the 14th
GS Retail announced on the 15th that it will advance the payment of settlement funds and merchandise payments totaling 200 billion KRW to GS25 franchise owners and partner companies in celebration of Chuseok.
GS Retail announced on the 14th that it held 'Yours Day,' a communication event with its partners, at the Seoul Botanic Park.
[Photo by GS Retail]
The unified payment date is set for the 27th, which the company explained is up to 15 days earlier than the original payment date.
A GS Retail representative stated, "Considering the difficult economic environment due to high inflation and interest rate hikes, we hastened the schedule for early payment ahead of the Chuseok holiday."
As a result, GS25 franchise owners will be able to secure urgent funds needed for the holiday, and partner companies supplying goods are expected to manage their finances more smoothly, the company anticipated.
Meanwhile, GS Retail held the 'YOU US Day,' a communication event with partner companies supplying products to GS25 and GS The Fresh, on the 14th at the Seoul Botanic Park.
The company reported that about 600 people, including partner company representatives and GS Retail employees, attended the event.
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YOU US Day is an event planned by GS Retail to strengthen mutual growth and coexistence with partner companies and has been held annually since 2012.
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