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Demand for Zero-calorie, Sugar-free Drinks Remains Strong

Demand for Zero-calorie, Sugar-free Drinks Remains Strong

SEOUL, April 24 (Korea Bizwire) — The demand for zero-calorie beverages and sugar-free options remains strong in South Korea. Convenience store chain Emart24 reported a 70 percent increase in first-quarter sales of zero-calorie drinks compared to the previous year. Last year, Emart24′s zero-calorie beverage sales grew by 78 percent year-on-year, with an average annual growth [...]

Convenience Stores Scramble as Baseball Stadium Allows Canned Beer

Convenience Stores Scramble as Baseball Stadium Allows Canned Beer

SEOUL, April 20 (Korea Bizwire) — With canned beer permitted at some baseball stadiums this season, convenience store chains are scrambling to host various beer promotional events. Emart24 is currently offering a beer package of six cans (two kinds) for 9,900 won (US$7.48). Customers who purchase the beer package can also sign up for a [...]

Rising Demand for Private Label Products Among Price-Sensitive Young Consumers

Rising Demand for Private Label Products Among Price-Sensitive Young Consumers

SEOUL, April 14 (Korea Bizwire) —Homeplus, a large discount store in South Korea, has reported a 36% increase in sales of its own-brand “Homeplus Signature” products from January to March compared to the same period last year. The sales of private label products were particularly high in food categories such as refrigerated convenience foods, snacks, [...]

Asahi Europe & International Announces Global Launch of Czech Lager Kozel White in S. Korea

Asahi Europe & International Announces Global Launch of Czech Lager Kozel White in S. Korea

SEOUL, April 13 (Korea Bizwire) — AE Brands Korea, the regional branch of Asahi Europe & International Ltd., said Thursday it hopes to recreate the success of its dark beer Kozel, with the launch of a new lager unveiled in South Korea for the first time globally. “Korea is our biggest market outside of Europe. [...]

Convenience Store Chains Release String of Highballs amid Increasing Popularity of Mixology

Convenience Store Chains Release String of Highballs amid Increasing Popularity of Mixology

SEOUL, April 13 (Korea Bizwire) — As mixology, a term for mixing various types of alcoholic drinks, is gaining popularity, convenience store chain operators are diversifying their alcohol ranges by releasing highballs, a type of cocktail normally made with Scotch whisky and carbonated water. CU released a lemon highball in collaboration with local artist Chungshin. [...]

Home Shopping Channel Airs Drama Showcase

Home Shopping Channel Airs Drama Showcase

SEOUL, April 13 (Korea Bizwire) — TV home shopping channels are evolving towards the entertainment industry by adding fun and culture to their existing business of selling products. CJ Onstyle, a home shopping unit of South Korean entertainment giant CJ ENM, on Wednesday aired a showcase for the upcoming tvN comedy drama series “Family.” This [...]

Misfit Fishery Products Gain Popularity amid Soaring Consumer Prices

Misfit Fishery Products Gain Popularity amid Soaring Consumer Prices

SEOUL, April 12 (Korea Bizwire) — Rising consumer prices have led to the rising popularity of “ugly” fishery products, attracting consumers with their competitive pricing. SSG.com, the online mall arm of South Korean retail giant Shinsegae Group, introduced “ugly” fishery products like South Korean squid and Argentinian shrimp at the newly opened misfits market for [...]

Convenience Stores Hold Whisky, Wine Promotions

Convenience Stores Hold Whisky, Wine Promotions

SEOUL, April 10 (Korea Bizwire) — South Korean convenience store chains are continuing discount promotions for popular alcoholic beverages, including whisky and wine. CU sold 1,600 bottles of some 30 popular whiskies and wines at 30 stores in the Seoul region last weekend at a discount rate of up to 30 percent. Balvenie 12-Year-Old Double [...]

Exports of Instant Noodles Hit First-quarter High: Data

Exports of Instant Noodles Hit First-quarter High: Data

SEOUL, April 9 (Korea Bizwire) — South Korea’s exports of instant noodles jumped 14.3 percent on-year in the first three months of 2023 to reach the highest figure for any first quarter ever amid the growing popularity of the Korean culture, data showed Sunday. The country exported US$208 million worth of instant noodles, or “ramyeon” [...]