Supermarket Association Joins 'Korea Grand Festival' to Revitalize Neighborhood Businesses

Seven Cooperatives and 270 Stores Nationwide Join the Event
A Platform for Boosting Domestic Demand and Mutual Growth

The Korea Supermarket Cooperative Association announced on October 28 that seven member cooperatives nationwide and 270 stores will participate in the 'Korea Sale Festa' (Kosefe). This year’s event will be held from October 29 to November 16 and will take place as the 'Korea Grand Festival,' the largest shopping festival in the country, integrating the Donghaeng Festival and Korea Duty Free Festa.

During the event, participating stores will offer major food items such as Hetbahn, ramen, Spam, tuna, sauces, and sesame oil, as well as popular products like coffee, snacks, and beverages, and daily necessities such as tissue, shampoo, and detergent at an average discount of 20%. Some products will be discounted by up to 41.5% based on the wholesale price from the Small and Medium Distribution Joint Logistics Center, providing consumers with tangible benefits. In particular, each cooperative will select customized discount items tailored to the consumption patterns and customer base of their respective regions, aiming to revitalize the local economy centered around neighborhood businesses.

Song Yukyung, Chairman of the Korea Supermarket Cooperative Association, said, "It is very meaningful that 270 member stores are participating together to mark the 10th anniversary of Kosefe," adding, "We will do our best to ensure that this event, aimed at boosting domestic demand and invigorating the economy, leads to increased sales for our members and the recovery of neighborhood businesses."

Chairman Song further stated, "In the case of the Southern Gyeonggi Cooperative, the enthusiasm on the ground is so high that 40 additional stores are participating at their own expense thanks to the active commitment of members. In some cooperatives, there are even requests to increase the budget so that more stores can join, reflecting the growing spirit of mutual cooperation."

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