FTC to revise law on 24-hour convenience store

Korea’s Fair Trade Commission (FTC) on Oct. 9 said it will put out revised regulation to scrap the mid-night operations of 24-hour convenience stores showing sluggish sales.

“The newly modified regulations will provide the stepping stones in enhancing wholesome growth of the retailer industry,” said an official from the FTC.

Under the new regulation, convenient store owners may request t...