Convenience Store Lunch Sales Surge as Dining Costs Soar

Finance|
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By Nam Yoon-jung
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"Where does Manager Kim go every lunch break?"... 'This place' where sales exploded as office workers flock together - Seoul Economic Daily Finance News from South Korea
"Where does Manager Kim go every lunch break?"... 'This place' where sales exploded as office workers flock together

Convenience store lunch boxes are rapidly emerging as a cost-effective meal option for office workers as restaurant prices continue rising above 3% for the fourth consecutive year.

According to the Korea Consumer Agency, prices of major dining items in Seoul have increased sharply over the past five years: jajangmyeon (black bean noodles) by 44%, gimbap by 41%, and kalguksu (knife-cut noodles) by 31%. Last month, the average price of a bowl of kalguksu reached 9,923 won, approaching the 10,000-won mark. With lunch now costing around 10,000 won, demand is rapidly shifting to convenience store ready-to-eat meals priced between 3,000 and 5,000 won.

Industry data released on March 4 showed GS25's lunch box sales rose 25% year-on-year in early 2025 (January 1 to February 25). Meal-replacement items also posted gains, with gimbap up 13.4%, rice balls up 14.3%, and sandwiches up 13.0%.

CU reported a 12.4% increase in lunch box sales during the same period, while gimbap sales grew 18.7%. Salad sales also rose 13.8%, driven by growing demand for healthier options. 7-Eleven recorded double-digit growth in key categories including lunch boxes (11%) and gimbap (14%).

Convenience store chains are accelerating efforts to expand their value-focused lineups. At GS25, mid-range premium lunch boxes priced in the mid-5,000-won range are among top sellers. CU revamped its "PBICK The Kitchen" and "Deuktem" series last month to enhance both quality and price competitiveness. 7-Eleven has expanded its offerings across price points, from 2,000-won gimbap to 5,000-won lunch boxes, while rolling out products with increased portions and toppings.

"As restaurant price inflation persists structurally, convenience store meals are becoming a regular dining option for office workers," an industry official said. "Premium lunch boxes with improved quality are expected to maintain strong growth for the time being, aligned with the value-conscious spending trend."

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AI-translated from Korean. Quotes from foreign sources are based on Korean-language reports and may not reflect exact original wording.