SEOUL, Sept. 20 (Korea Bizwire) – Ultra-affordable beer is now available for just 6,000 won for four cans, significantly cheaper than imported beers priced at 11,000 won for four cans, as well as local brands like Cass and Terra. Convenience store chain CU announced on Tuesday the launch of ‘Seomin Beer,’ a beer version of ‘Seomin [...]
SEOUL, Sept. 11 (Korea Bizwire) – The surge in whiskey’s popularity, leading to a surge in “home drinking,” is also translating into a growing trend in holiday gift sets. Whiskey sales, which constituted only half of wine gift sets just five years ago, have now escalated to a remarkable 90% this year. This whiskey [...]
SEOUL, Aug. 16 (Korea Bizwire) — As the demand for plant-based milk alternatives continues to surge within the food industry, there’s news that even the Coca Cola Beverage Co. is poised to make its entry into this market. The realm of alternative milk, crafted from plant-based ingredients such as oats, is witnessing heightened attention from [...]
SEOUL, June 28 (Korea Bizwire) — As the MZ generation’s interest in soju cocktails continues to rise, beverage companies are reaping the rewards of their sales strategies that capitalize on this trend. The prevalence of soju cocktail culture, combined with the growing trend of mixed drinking and home consumption due to the corona pandemic, has [...]
SEOUL, June 21 (Korea Bizwire) —Amid concerns over the release of contaminated water from Japan’s Fukushima nuclear power plant, there has already surfaced on a second-hand trading website in Korea a so-called “radioactive fear-mongering marketing posting,” which attempted to sell salt for an exorbitant price of over 1.5 million won per 10 kilograms. On Tuesday, [...]
SEOUL, May 26 (Korea Bizwire) — The retailer has formed a partnership with South Korea’s largest Buddhist sect to introduce a unique dumpling product inspired by those traditionally served in temples. CJ Cheiljedang announced on Friday their launch of “Temple-style Wanggyoja,” a collaborative creation with Doban HC, the business holding company of the Jogye Order [...]
SEOUL, May 18 (Korea Bizwire) — Affordable and convenient food options are gaining popularity during lunchtime due to the increasing cost of eating out. Gimbap and boxed lunches have become popular choices among convenience foods, thanks to their convenience and reasonable prices. Recent data from convenience store CU reveals that Gimbap holds the highest sales [...]
SEOUL, May 17 (Korea Bizwire) —Yogiyo made an announcement on Wednesday about the introduction of YogiPassX, which is the first subscription service in the industry that offers unlimited delivery services for a fixed fee. This move comes as consumers are increasingly reducing their usage of delivery apps due to the rising costs associated with deliveries. [...]
SEOUL, May 17 (Korea Bizwire) — Shinsegae Food Inc., a food manufacturing arm of South Korea’s retail giant Shinsegae, announced on Tuesday the launch of the Better Burger. The burger is made with plant-based ingredients and is available through Shinsegae Food’s fast food hamburger chain, No Brand Burger. To create the burger, the company developed [...]
SEOUL, May 16 (Korea Bizwire) – South Korean food conglomerate CJ Cheiljedang Corp. plans to develop a range of Korean street foods as new products and release them in foreign markets. The company announced on Monday that it will develop six Korean street foods under the Bibigo brand and launch them in major countries across [...]