In June 2012, FamilyMart of South Korea, which was being run by Family Mart Corporation and BGF Retail, was renamed 'CU' as a movement of an independent brand, and to show a distinct identity. With the order coming from BGF Retail, FamilyMart announced that they were forced to leave the South Korean market, and to cease operations there. However, BGF Retail indicated a flaw in its plan, and needed FamilyMart back to partially govern over CU Stores. Therefore, CU was renamed to 'CU with FamilyMart'. FamilyMart, however, has thoughts of making a return to the South Korean market in the future.