SEOUL, May 13 (Korea Bizwire) — The number of monthly visitors to a park along the inter-Korean border has more than doubled this year after the opening of a Starbucks store there late last year, officials said Tuesday. Aegibong Peace Ecopark in Gimpo, just northwest of Seoul, saw an average of 32,379 monthly visitors from [...]
SEOUL, May 12 (Korea Bizwire) — Starbucks Korea has restricted customers from using the names of major presidential candidates as nicknames at its stores nationwide, citing the need to prevent political controversy and maintain neutrality during the sensitive election period. As of May 12, 2025, names such as Lee Jae-myung (Democratic Party), Kim Moon-soo (People [...]
SEOUL, May 12 (Korea Bizwire) — Pulmuone Co., a South Korean food company, unveiled a new management vision Monday aimed at transforming itself into a global sustainable food manufacturer. Pulmuone Chief Executive Officer (CEO) Lee Woo-bong announced the initiative during a ceremony marking the company’s 41st anniversary at its headquarters in Seoul, focusing on the [...]
SEOUL, May 11 (Korea Bizwire) — Starbucks Korea announced Sunday that it will extend operating hours at a majority of its stores to 10 p.m. by mid-May, restoring pre-pandemic hours as late-evening foot traffic and demand for decaffeinated beverages rise. The move marks a shift from the reduced schedules implemented during the COVID-19 pandemic. Currently, [...]
SEOUL, May 6 (Korea Bizwire) — Seven in 10 households made online purchases of processed foods in 2024, a survey showed Tuesday, marking a sharp increase from a year earlier and a significant change in where and how people shop. According to the survey conducted by the Korea Rural Economic Institute, 72.3 percent of households [...]
SEOUL, April 28 (Korea Bizwire) — Nongshim Co., South Korea’s leading instant noodle maker, said Monday it has opened its first overseas “experience space” for its instant noodle, or ramyeon, products in Peru. Nongshim launched the new venue, named “Shin Ramyun Bunsik,” near Machu Picchu on April 21 (local time), aiming to promote its ramyeon [...]
SEOUL, April 24, (Korea Bizwire) — South Korea’s retail sector is undergoing a seismic shift as e-commerce giants and traditional retailers alike double down on fresh food—a category once dominated by brick-and-mortar stores—as a key to future growth and survival. Coupang, the country’s leading e-commerce platform, is aggressively expanding its fresh food business in 2025, [...]
SEOUL, April 22 (Korea Bizwire) – Nongshim Co., South Korea’s leading instant noodle maker, said Tuesday it plans to globally sell key chains featuring miniature replicas of the company’s ramyeon packaging, produced in collaboration with Japan’s leading toy company Bandai Co. Since 2022, Nongshim has partnered with Bandai to sell key chains modeled after its [...]
SEOUL, April 22 (Korea Bizwire) — For the first time in 35 years, South Korean-grown rice returned to Japanese shelves — and sold out within ten days. Amid a historic spike in domestic rice prices, Japanese consumers are turning to Korean imports, not only for affordability but also for quality and taste. According to the National [...]
SEOUL, April 19, (Korea Bizwire) — South Korea’s leading food delivery platform, Baemin, has drawn public backlash after introducing commission fees on takeout orders, a move critics say could burden small businesses and consumers while signaling the platform’s shifting business strategy. Starting April 14, 2025, Baemin began charging intermediary service fees on takeout orders, ending [...]