CU controversies
Controversies tied to this brand in public sources. A listing is not a finding of fault.
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2020
BGF Retail fined for supplier promotion costs
Fine or penalty
South Korea's Fair Trade Commission fined BGF Retail KRW1.67 billion over the handling of promotion costs at CU-branded stores. The regulator found that the company required suppliers to shoulder most of the costs of promotions and, in some cases, failed to sign written agreements. The fine was reported in connection with these practices concerning supplier promotion costs.
South Korea’s Fair Trade Commission fined BGF Retail KRW1.67 billion for requiring suppliers to shoulder most of the costs of promotions at CU-branded stores and for failing to sign written agreements in some cases.
Source excerpt
BGF was found to have run “two-for-one” promotional events from early 2014 to late 2016 at its CU-branded stores and passed on the majority of expenses.
The firm was ordered to pay KRW1.67 billion (US$1.4 million) for its breach of the Act on Fair Transactions in Large Retail Business, according to a report in The Korea Times.