Food & Beverage Archives | Page 58 of 129 | Be Korea-savvy

Archive by category Food & Beverage

Starbucks Korea Doubles Down on Cashless Stores

Starbucks Korea Doubles Down on Cashless Stores

SEOUL, Oct. 23 (Korea Bizwire) — Starbucks Coffee Korea Co. is adding 300 more ‘cashless shops’ in addition to the 103 stores currently in operation, starting on Monday. Cashless stores recommend that customers use a means of payment other than cash. The company noted that adding 300 more cashless stores would amount to one-third of [...]

Michelin Awards 2-star Ratings to 2 More Restaurants in Seoul

Michelin Awards 2-star Ratings to 2 More Restaurants in Seoul

SEOUL, Oct. 18 (Korea Bizwire) — The Michelin Guide on Thursday announced its selection of 26 restaurants in Seoul with unique cuisine and quality, including two new two-star eateries. Two restaurants — fine dining Korean restaurant Gaon and La Yeon, a traditional Korean cuisine restaurant at Hotel Shilla — maintained three-star ratings for a third [...]

10 pct of Franchise Coffee Shops Shut Down Last Year

10 pct of Franchise Coffee Shops Shut Down Last Year

SEOUL, Oct. 18 (Korea Bizwire) — Approximately 1 out of 10 franchised stores selling coffee and beverages shut down last year due to sluggish sales and other factors. Experts cite heightened competition within the saturated franchise market as the main issue, resulting in a wider polarization between successful and unsuccessful franchise business outlets. According to [...]

Delivery Apps Burden Restaurant Owners

Delivery Apps Burden Restaurant Owners

SEOUL, Oct. 2 (Korea Bizwire) — The proliferation of delivery service apps due to the rise of single-person households and the ubiquity of smartphones among the mass public combined with the monopolistic structure that these delivery services have created has resulted in an onerous burden for restaurant owners. Addressing this very issue, the Korea Franchise [...]

Food Ministry to Inspect Diet Drinks Made from Fermented Pineapple Vinegar

Food Ministry to Inspect Diet Drinks Made from Fermented Pineapple Vinegar

SEOUL, Sept. 27 (Korea Bizwire) — The Ministry of Food and Drug Safety revealed today that it was planning to inspect so-called “diet drinks” made from fermented pineapple vinegar. The ministry went through 74 petitions that were posted online between June 8 and August 31 and chose to investigate the fermented pineapple vinegar drink that [...]

Startups, Large Corporations Compete for a Piece of “Side Dish” Pie

Startups, Large Corporations Compete for a Piece of “Side Dish” Pie

SEOUL, Sept. 27 (Korea Bizwire) — With an increasing number of South Korean women opting to work instead of staying at home, and as simple eating habits grow in popularity, e-commerce websites offering side dishes are making great strides. Last year, the market for online sales of side dishes surpassed 100 billion won, and with [...]