More than half of the stores of the agricultural cooperative distribution company are in the red.

It has been revealed that more than half of the stores operated by Nonghyup Hanaro Distribution and Nonghyup Distribution are operating at a loss. Based on an analysis of sales data submitted by the Central Nonghyup Association, Representative Kim Seon-gyo (People Power Party, Yeoju-Yangpyeong) disclosed this on the 9th. According to Representative Kim, as of August, out of the 62 stores operated by Nonghyup Hanaro Distribution and Nonghyup Distribution, 35 stores were operating at a loss, accounting for 56.5% of the total stores. This is a significant increase from 2020, when 13 out of 60 stores were operating at a loss, representing a 34.8 percentage point increase in the proportion of loss-making stores. In fact, over the past five years, the proportion of loss-making stores operated by Nonghyup Hanaro Distribution and Nonghyup Distribution has steadily increased from 21.7% in 2020 to 40% in 2021, 46.7% in 2022, 45.9% in 2023, 49.2% last year, and up to 56.5% as of August this ...