SEOUL, Jul. 2 (Korea Bizwire) — Starbucks Coffee Korea Co. said Monday it will increase the number of cashless stores to over 100 across South Korea this month amid rising use of credit cards and mobile payment systems in the tech-savvy country. Earlier in April, the coffee giant began a test run of three cashless [...]
SEOUL, Jun. 25 (Korea Bizwire) — Starbucks Coffee Korea Co. said Monday it will expand its premium Reserve stores in South Korea to meet the growing demand for specialty coffee among South Koreans. Starbucks Coffee Korea is set to open two Reserve stores in Seoul and a third in Pangyo, just south of the capital, [...]
SEOUL, June 22 (Korea Bizwire) – Sushi lovers in South Korea will be able to taste a new breed of tuna in local restaurants and gourmet shops as farm-bred bluefin tuna is coming to the market this year, the fisheries ministry said Friday. Local fishermen have tried to cultivate bluefin, one of the most popular [...]
SEOUL, Jun. 18 (Korea Bizwire) — With a surge in the number of single-unit households and as interest in health and diet by the public grows, ready-to-eat eggs are becoming more popular as they do not require cooking for consumption. According to Lotte Mart, sales of the pre-cooked eggs grew 16.7 percent between January and [...]
SEOUL, Jun. 12 (Korea Bizwire) — A food festival held in the Vietnamese capital of Hanoi aimed at creating awareness of Korean food ended in great success with over 200,000 people flocking to the event. The K-Food Fair kicked off on June 9 for a two day run. The fair’s success is mainly attributed to [...]
SEOUL, Jun. 11 (Korea Bizwire) — With more chicken joints in Korea starting to charge for delivery, a survey found that most consumers have strong negative feelings about this phenomenon. According to survey of 1,000 men and women between the ages of 15 and 58 by market research firm Embrain, 65 percent of respondents who [...]
SEOUL, Jun. 8 (Korea Bizwire) — A new study has found that South Koreans now consume bread every four days. Due to changes in eating habits, the baking industry saw an increase of nearly 50 percent in sales over a four-year period. According to a joint study conducted by the Ministry of Agriculture, Food and [...]
SEOUL, Jun. 8 (Korea Bizwire) — The market for home meal replacements (HMR) is growing rapidly due to rising living expenses and continued economic stagnation. The popularity of replacement meals is being fueled by consumers who are looking for “value for money” meals that do not compromise on taste. According to Link Aztec, a market [...]
SEOUL, Jun. 7 (Korea Bizwire) — Food companies are strengthening their summer season noodle products to match the warming weather, releasing new or upgraded brands for the market, which last year stood at 114.8 billion won (US$107.18 million). The market has been growing at a stable 20 percent or so every year. Industry officials say [...]
SEOUL, Jun. 4 (Korea Bizwire) — Similar to the “High Pass” system employed on highways, allowing cars to automatically pay tolls, a Starbucks version is in the works. Starbucks Korea revealed today that it was implementing its “My DT Pass” system for the first time in the world via Korea’s drive-through coffee shops. “My DT [...]