SEOUL, July 5 (Korea Bizwire) — McDonald’s Korea said Wednesday it will expand the number of its stores in South Korea to 500 by 2030 as it unveiled its new burger for this year. The South Korean unit of the U.S. fast-food giant will open eight new drive-thru stores this year, 10 more ordinary stores [...]
SEOUL, July 5 (Korea Bizwire) — As domestic TV home shopping channels continue to struggle with a declining number of viewers, efforts are underway to retain viewers for as long as possible. In April, GS Shop introduced a special 20-minute program called “Late Night Hot Deal” during its Saturday prime time show, featuring a range [...]
SEOUL, July 3 (Korea Bizwire) — Japanese products are making significant strides in the imported beer market. Previously, Japanese beers experienced a significant decline in market share due to product boycotts, allowing Chinese and Dutch beers to claim the top two spots for the last couple of years. The popularity of Japanese beer is evident [...]
SEOUL, June 29 (Korea Bizwire) — Innocean Worldwide Inc., a major South Korean advertising agency, said Wednesday it will open an instant noodles pop-up store featuring “ramyeon” (Korean instant noodles) at Siam Discovery in Bangkok, Thailand. The pop-up store will operate for five weeks, from now until July 31, and will showcase a selection of [...]
SEOUL, June 28 (Korea Bizwire) – South Korea’s department store chains have been opening a series of pop-up stores to showcase new and captivating products, positioning themselves as trendsetters for individuals in their 20s and 30s. Hyundai Seoul solidified its trendsetting status by launching over 250 pop-up stores last year, attracting more than 2 million [...]
SEOUL, June 27 (Korea Bizwire) — South Korean cosmetics giant Amore Pacific Group said Tuesday it has signed an initial pact with international health and beauty retailer A.S. Watson Group to expand its global business. With the memorandum of understanding (MOU), the two companies agreed to cooperate to seek the growth of Amore Pacific’s brands [...]
SEOUL, June 19 (Korea Bizwire) — With convenience becoming the new trend, services that offer fruit and vegetable preparation are gaining popularity. At “The Hyundai Seoul” operated by Hyundai Department Store, approximately 200 customers visit each day to have the fruits and vegetables they purchased cut into their preferred shapes and sizes. Customers may need [...]
SEOUL, June 19 (Korea Bizwire) — South Korea’s leading kimchi maker Daesang Corp. said Monday it has acquired U.S. food company Lucky Foods as part of its efforts to expand its kimchi business in the United States. Daesang said it acquired all of the shares and facilities of Lucky Foods after securing a 38 billion [...]
SEOUL, June 18 (Korea Bizwire) – Korea Seven Co., the operator of the 7-Eleven convenience store chain, said Sunday it plans to carry out another test run for robot delivery services in collaboration with a startup. Under the plan, Korea Seven will offer delivery services with self-driving robots developed by Neubility in select areas in [...]
SEOUL, June 16 (Korea Bizwire) — South Korean retail giant Shinsegae Group will build a new all-in-one Starfield shopping complex, which includes a multi-purpose sports stadium, in Incheon, just west of Seoul, by 2027, officials said Friday. Shinsegae and the Incheon Free Economic Zone jointly announced the plan to construct a new Starfield with three [...]