SEOUL, Feb. 27 (Korea Bizwire) – The local unit of a popular U.S. burger maker has stood atop in global sales, only seven months after its launch in Seoul on the back of swelling demand from local customers, the company said Monday. The Gangnam branch of Shake Shack Burger, located in the posh namesake district [...]
SEOUL, Feb. 24 (Korea Bizwire) – Starbucks Korea is killing two birds with one stone – improving sales by making customers happier. According to the coffeemaker Thursday, the number of participants on its mobile survey platform “My Starbucks Review” has exceeded one million. Surveys are offered to Starbucks members who use Siren Order – ordering [...]
SEOUL, Feb. 23 (Korea Bizwire) – The market for frozen dishes is growing fast in South Korea on the back of a new social trend in which more people are choosing to live and eat alone, industry data showed Thursday. The market for frozen meals, such as frozen fried rice with prawn or kimchi, reached [...]
SEOUL, Feb. 23 (Korea Bizwire) – The popularity of Pokémon GO is gradually waning, but there are still millions of players flicking their fingers on their smartphone screens trying to “catch’em all.” During the second week of February (February 6 to 10), an estimated 5.63 million people played Pokémon GO, which was a drop from [...]
SEOUL, Feb. 23 (Korea Bizwire) – A recent report from the Korea Rural Economic Institute estimated that South Korea’s anti-corruption law will cause a drop in agricultural and livestock production of over 300 billion won ($263.76 million) this year, as the legislation forbids millions of journalists, public officials and educators from receiving gifts worth more [...]
SEJONG, Feb. 9 (Korea Bizwire) – South Korea’s imports of candies and chocolates reached a fresh record high last year on growing demand for foreign confectioneries, customs data showed Thursday. A record US$373 million worth of chocolates and candies, or 64,000 tons, were imported last year, up 8.8 percent from a year earlier, according to [...]
SEOUL, Feb. 6 (Korea Bizwire) – The rise of single-person households and working couples has led to remarkable growth in the convenience food market in the past five years, with soaring demand for convenience store lunch boxes, ready-to-eat packaged fruit, and other forms of food products promising to help make life easier for busy modern-day [...]
SEOUL, Feb. 1 (Korea Bizwire) – The South Korean government has introduced new labelling standards for GMOs in food products that will take effect on February 4, but the measure is not likely to quell criticism that Korea, like the E.U., should implement official guidelines to oblige companies to identify all food products that make [...]
SEOUL, Feb. 1 (Korea Bizwire) – Chewing gum containing xylitol will soon be banned from being marketed with the slogan “cavity prevention.” Xylitol has several known health benefits, including dental health, and so gum is often advertised in Korea as helping to prevent cavities. The Ministry of Food and Drug Safety announced Wednesday that it [...]
SEOUL, Jan. 30 (Korea Bizwire) – Exports of South Korean-made instant noodles, or ramyeon, nearly tripled over the past decade, as their popularity has been spreading beyond China and Asia to the United States, Middle East and Europe, industry agencies said Monday. The nation’s ramyeon exports totaled US$290.4 million in 2016, up 32.7 percent from [...]