SEOUL, May 31 (Korea Bizwire) – The so-called “cre-sumers” are in vogue. A coined word combining letters borrowed from creative and consumer, cre-sumers are shaping up a new consumption culture. In this new phenomenon, consumers are no longer those who passively take what’s given by manufacturers to them but make suggestions and actively organize themselves to create new uses out of existing products. [...]
SEOUL, May 9 (Korea Bizwire) – CJ CheilJedang announced its first-quarter sales results on May 8. Its sales revenue slightly increased to 1.8 trillion won, a 0.3-percent rise from the same period of the previous year. However, its operating profit showed a 12.7-percent decrease to 98.8 billion won due to a slump in domestic consumption [...]
SEOUL, Korea, Feb 4 (Korea Bizwire) – “Office workers tend to get tired at 2:16 pm and feel like having sweets.” “Most housewives make pickles in May.” “People like eating canned tuna with Kimchi best.” These are findings about Korean food consumers dug up by CJ CheilJedang by analyzing 650 million bits of data from blog, [...]
SEOUL, Korea, Nov 28 (Korea Bizwire) – CJ CheilJedang announced that its recently introduced program will help to reduce emission of greenhouse gases by a total of 2,800 tons next year. CJ runs ‘Green Partnership for Shared Growth among Large and Small Businesses’ sponsored by the Ministry of Trade, Industry and Energy (MOTIE) through which the company [...]
![[In-depth] Premium Pet Food Market Set to Explode in Korea](http://koreabizwire.com/wp/wp-content/uploads/2013/11/15779766_l-800x254.jpg "[In-depth] Premium Pet Food Market Set to Explode in Korea")
SEOUL, Korea, Nov 07 (Korea Bizwire) – Since the airing of a documentary on KBS-TV exposing the unscrupulous practice of some pet food makers, millions of angry pet owners began boycotting non-organic pet food and instead buying up premium animal feed products. The TV program showed shocking scenes in which sick or dead chickens were mixed into [...]