SEOUL, Oct. 12 (Korea Bizwire) — On an ordinary weekday in downtown Seoul a middle-aged woman walks into a Starbucks to order a cup of coffee. When she takes some paper bills out of her purse to pay the cashier, he politely refuses them and points to a notice at the entrance. “This store doesn’t [...]
SEOUL, Oct. 11 (Korea Bizwire) — Middle-age consumers in their 40s and 50s are increasingly buying products for one person as some of them opt to not marry and live alone, a local online shopping mall said Thursday. In the January-September period, sales of products designed for one-person households jumped 27 percent from the same [...]
SEOUL, Oct. 8 (Korea Bizwire) — The convenience store giant 7-Eleven was found to have the greatest number of official disputes between its main office and franchise stores. According to parliamentary audit files submitted to Rep. Cho Bae-sook of the Party for Democracy and Peace, there were 498 dispute cases regarding convenience stores filed at [...]
SEOUL, Oct. 5 (Korea Bizwire) — Merchants in North Jeolla Province are struggling under the burden of interchange fees, according to a recent survey conducted by the Korean Confederation of Trade Unions (KCTU). Queried on the business expense that needs to be addressed most urgently, 59.3 percent of the respondents chose interchange fees. That is [...]
SEOUL, Oct. 4 (Korea Bizwire) — The e-commerce giant Ticketmonster has reported that more men in their 40s and 50s seem to be helping out around the house since July of this year, which was when a 52-hour work week was implemented nationwide by the government. According to Ticketmonster’s analysis of sales data posted during [...]
SEOUL, Oct. 4 (Korea Bizwire) — The inclusion of MUMUSO, a copycat of Korean stores that produces household products, in Lotte Mart’s Vietnam stores has been frowned upon by many critics. Lotte Mart Vietnam announced yesterday that MUMUSO opened up shop in its South Saigon branch in August. On its labels, the words, “KOREA” and [...]
SEOUL, Oct. 1 (Korea Bizwire) — With the market for e-commerce continuing to grow rapidly, delivery services offered by online shopping platforms are also evolving quickly. Delivery, the last step of the e-commerce experience, has come to greatly affect customer satisfaction levels, which is why many online platforms are adopting the promise of same-day delivery. [...]
SEOUL, Oct. 1 (Korea Bizwire) — CJ Logistics Corp., a major South Korean logistics firm, said Monday it will build a new distribution center and hire thousands more couriers in Thailand in the next two years to become the No. 1 player in the Southeast Asian country’s parcel service sector. The company began its parcel [...]
SEOUL, Oct. 1 (Korea Bizwire) — Philip Morris Korea Inc. said it filed a suit against the Seoul government on Monday, demanding the disclosure of detailed information on its recent announcement over research on harmful substances found in alternative tobacco products. In June, the Ministry of Food and Drug Safety said five cancer-causing substances were [...]
SEOUL, Sept. 28 (Korea Bizwire) — South Korea launched a nationwide shopping festival on Friday involving major retailers, manufacturers and traditional markets to attract more tourists and boost domestic consumption, organizers said. The annual Korea Sale FESTA offers reduced prices on items ranging from electronics and apparel to automobiles and furniture for 10 days, the [...]