SEOUL, Nov. 29 (Korea Bizwire) — The South Korean unit of U.S. retail giant Costco Wholesale Corp. has stopped providing free diced onions at its food courts. Online commentary has suggested that the move is a natural consequence of overindulgence on the part of Korean consumers, and that Costco customers had it coming for stealing [...]
SEOUL, Nov. 29 (Korea Bizwire) — South Korean imports of Japanese beer tumbled more than 99 percent on-year in the past two months due to a boycott of Japanese products amid a bilateral trade row, data showed Friday. South Korea brought in Japanese beer worth US$38,000 in October, down 99.5 percent from a year earlier, [...]
SEOUL, Nov. 26 (Korea Bizwire) — Hollys Coffee Co., a South Korean coffee shop chain, replaced Starbucks as country’s most loved and satisfactory coffee brand. The Korea Consumer Agency conducted a survey of 1,031 consumers between September 4 and 16 frequenting six major coffee brands in South Korea, in which Hollys Coffee received the highest [...]
SEOUL, Nov. 25 (Korea Bizwire) – Vegan food, previously offered by a select few restaurants in South Korea, is becoming increasingly common in the country. The vegetarian population in South Korea has reached more than 1.5 million, encouraging distributors to come up with vegan products targeting the newly rising consumer population. Vegan food is rapidly [...]
SEOUL, Nov. 20 (Korea Bizwire) — Pengsoo, a penguin character from the education broadcasting company EBS is being wooed by the food industry for marketing. Binggrae Co., a major dairy maker, recently met with EBS to discuss a potential marketing program with Pengsoo in the lead. Binggrae held a competition last month to select the [...]
SEOUL, Nov. 15 (Korea Bizwire) — Controversy looms following a recent report by the South Korean media that there were ‘financial exchanges’ surrounding the designation of restaurants to be listed in the Michelin Guide Seoul 2020. Michelin strongly denied the accusations, saying that “it’s a scheme committed by those who have nothing to do with [...]
SEOUL, Nov. 14 (Korea Bizwire) — The Michelin Guide on Thursday announced its highly regarded star selections for a total of 31 restaurants in Seoul with unique cuisine and quality, including two eateries that grabbed three stars for the fourth consecutive year. The awards were announced at the ceremony of the 2020 Michelin Guide for [...]
SEOUL, Nov. 12 (Korea Bizwire) — This year, the public’s view and sentiment toward “Pepero Day (Nov. 11) ” are not great. It seems that cracks are occurring in a previously popular promotion that has been thriving for 26 years. One of the things consumers feel strongly about every Pepero Day is that it is [...]
SEOUL, Nov. 12 (Korea Bizwire) — In the past decade, the food service industry has gone through significant change. Food that was once a huge success disappeared suddenly, and old favorites reappeared out of nowhere. The Korea Agro-Fisheries & Food Trade Corp. recently published a report outlining popular dishes and trends in the restaurant market [...]
SEOUL, Nov. 11 (Korea Bizwire) — The rising popularity of the Korean Wave in Vietnam is helping local consumers fall in love with Korean spicy food. A local restaurant franchise Sasin was the first to introduce Vietnamese to Korean spicy food when it was established in Ho Chi Minh City in 2016. Sasin, a franchise [...]