CU Signs Win-Win Agreement with Franchisees... Introduces Support Fund System for New Product Launches

Up to 6 Million KRW Annual Support for Discontinued Products
Including Withdrawal Support for Long-Term Unsold Items

CU, a convenience store operated by BGF Retail, announced on the 9th that it will sign the '2025 Franchisee Win-Win Support Plan' to improve the profitability and operational support of its nationwide franchise stores.

Next year, CU will continue to implement win-win measures to increase the actual profits of franchise stores, including ▲support funds for new product introduction ▲waste support funds ▲support funds for withdrawal of low-turnover products ▲operational incentives ▲interest rate support for the Win-Win Cooperation Fund (loans).

CU Signs Win-Win Agreement with Franchise Stores. Provided by BGF Retail

CU particularly expects the 'New Product Introduction Support Fund System,' which provides up to 1.8 million KRW annually per store, to be highly beneficial to stores. This is because introducing products that attract customers has become increasingly important amid intensified competition within the industry. Along with this, the 'Waste Support Fund System,' which provides up to 6 million KRW annually, will also be operated.

Additionally, through the 'Low-Turnover Product Withdrawal Support System,' which allows the return of products that have not been sold for a long time, franchise stores will receive up to 200,000 KRW annually. When all these support funds are combined, stores can receive up to 8 million KRW annually. Separately, an average annual return cost of 1.02 million KRW per store is also provided.

Support measures to improve store fundamentals will also continue to be provided. Excellent stores can receive separate incentives based on customer satisfaction survey results evaluating store cleanliness, service, and product operation capabilities. To allow franchisees to focus on store operations with peace of mind, the 'Win-Win Cooperation Fund Interest Rate Support System' is also offered. This system supports part of the loan interest for franchisees, providing a 2% interest subsidy on loans up to 100 million KRW.

Shim Jae-jun, Head of the Win-Win Cooperation Office at BGF Retail, said, "The profit-enhancing win-win support plan, which focuses on the profitability and competitiveness of franchise stores, is producing visible effects," and added, "CU will continue to lead stable store operations and strengthen partnerships with franchisees based on various strategies to enhance store competitiveness."

Meanwhile, CU provides franchisees with various win-win and welfare programs, including ▲free enrollment in seven types of insurance such as product liability insurance and fire liability insurance ▲free labor, legal, and tax consultations ▲benefits for long-term operating stores ▲support for congratulatory and condolence events ▲corporate welfare programs ▲replacement of items subject to integrated maintenance management.

This content was produced with the assistance of AI translation services.