SEOUL, Jun. 20 (Korea Bizwire) – CJ CheilJedang, a leading food company in South Korea, has taken an active stance in upcycling, repurposing wheat bran, a byproduct of flour milling, as an ingredient in bread products. The company announced on June 19 that it is expanding synergies by investing in two food startups, Re:Harvest and SnE [...]
SEOUL, May 23 (Korea Bizwire) — The rivalry between Yonsei University and Korea University has extended to the shelves of CU outlets, with a new competition arising after the convenience store chain started selling baked goods featuring the names and logos of these universities. The rivalry between these two colleges, founded over 100 years ago, [...]
SEOUL, Dec. 5 (Korea Bizwire) — CJ Foodville Corp., the operator of Tous les Jours bakery chain, confirmed Monday it is planning to build a bread factory in the United States as part of its expansion strategy. CJ Foodville is expected to break ground next year, though the exact location or the size of the [...]
SEOUL, June 18 (Korea Bizwire) — An increasing number of Americans and Europeans are buying sweet-flavored Korean bread for snacks, while Koreans are buying European bread to eat with meals. This is the result of a changing landscape in South Korea’s food culture, led by South Korean bakeries in foreign markets as well as the [...]
SEOUL, July 10 (Korea Bizwire) — Starbucks, marking its 21st year in South Korea with more than 1,400 stores across the country, will open its first bakery cafe this month. Starbucks Korea, the local unit of the U.S. coffee giant, plans to open a bakery in Yangpyeong County, Gyeonggi Province that will also feature a [...]
SEOUL, Dec. 9 (Korea Bizwire) — With the continued growth of the delivery market, which is a hot topic in the food and restaurant industry, the era of consumers receiving bread delivered from bakeries near their homes to the front door has begun in earnest. Paris Baguette, the flagship bakery brand of South Korea’s SPC [...]
SEJONG, Jan. 24 (Korea Bizwire) – Per capita rice consumption in South Korea hit a fresh record low last year amid rapid changes in eating habits, government data showed Tuesday. The average annual consumption of rice per person fell to 61.9 kilograms last year, down 1.6 percent from the previous year’s 62.9 kg, according to [...]
SEOUL, Dec. 21 (Korea Bizwire) – With South Korea struggling to contain a record-breaking bird flu outbreak that has so far led to the culling of close to 20 million poultry, it may be only a matter of time until the country suffers a critical egg crisis. Lotte Mart, a discount store chain, began limiting [...]