CJ Foodville Archives | Be Korea-savvy
CJ Foodville Shifts to Profit on Tous les Jours’ Global Success

CJ Foodville Shifts to Profit on Tous les Jours’ Global Success

SEOUL, April 5 (Korea Bizwire) — South Korea’s CJ Foodville Co. said Wednesday it swung to a net profit last year thanks to the stellar overseas performance of its bakery chain Tous les Jours. Tous les Jours is the second-largest bakery chain in South Korea by number of stores, after SPC Group’s Paris Baguette. The [...]

Korean Buffets Reborn Through Hands of Big Players

Korean Buffets Reborn Through Hands of Big Players

SEOUL, Oct. 14 (Korea Bizwire) — To become a skillful eater at a buffet restaurant, it’s best to select foods that you don’t or can’t have at home. For that reason, rice and some common Korean side dishes, whether at a luxury hotel, seafood or salad buffet, are mostly considered secondary to international dishes. It [...]

Gov’t Regulation Creates Unintended Consequences of Favoring Foreign Brands

Gov’t Regulation Creates Unintended Consequences of Favoring Foreign Brands

SEOUL, Korea, Mar 13 (Korea Bizwire) – Kim Sun-Kwon, CEO of Caffé Bene, Korea’s largest espresso-based coffee house chain, used to say his company would focus exclusively on the coffee business to make it as big as Starbucks. But his focus now is more diversified, dabbling in the steak restaurant and bakery businesses too. Why [...]