CU opens 200th store in Mongolia www.petrolplaza.com
Korea’s CU brand of convenience stores celebrated the opening of its 200th location in Mongolia. After entering the country 4 years ago, the retailer has reached the top position in the sector thanks to a market share of 70% and an 80% growth in sales from last year.
According to the press released published, CU manages a daily customer traffic of 1,000 per store. Its coffee brand “Get Coffee” also contributed to popularity, with an estimate of 200 cups per store in sales.
“The CU brand aims to reach 1.6 million customers in the capital city. To this end, we aim to open stores in other locations outside the city centre to provide more accessible services to citizens. Currently, 87 branches are open 24 hours a day,” said Chinzorig Ganbold, CEO of Central Express CVS JSC.
For the opening of the 200th branch, a special event was organised for customers and special promotions were announced. These included a 50% discount in its GET coffee brand and a 20% discount in some food products such as French Hotdogs and CU brand sandwich.
Published Date:2022-04-26