SEOUL, May 26 (Korea Bizwire) — For the first time since statistics began in 2018, South Korea’s once-booming coffee shop sector has shrunk, alongside a broader pullback across key self-employment industries. The decline underscores mounting pressure on small business owners from domestic economic stagnation, market saturation, and rising operating costs. According to data released Sunday by [...]
SEOUL, Oct. 26 (Korea Bizwire) — Many popular coffee shop franchises that sell tumblers and flasks are failing to sell replaceable parts, such as rubber gaskets. Most coffee shops offer discounts if a customer brings their own multi-use cup, as part of their efforts to reduce the use of paper, plastic and other disposable materials. [...]
SEOUL, July 2 (Korea Bizwire) — The Seoul Metropolitan Government plans to introduce a new project later this year whereby coffee shops will offer customers multi-use cups for take-out orders. The new project involves customers paying a small deposit at the store to take out drinks in a multi-use cup, which can be returned anytime [...]
SEOUL, Aug. 19 (Korea Bizwire) — It is no secret that South Koreans love drinking coffee at cafes. Sitting with an iced latte in an air-conditioned cafe can be luxuriously comfortable. But when it comes to fighting the coronavirus, the country’s coffee craze could be a hurdle, as coffee shops are emerging as a hotbed [...]
CHUNCHEON, July 6 (Korea Bizwire) – Bounded on the east by the East Sea (erroneously displayed as Sea of Japan on some Internet sites), Gangwon Province is well known for its recent successful hosting of the 2018 Winter Olympics and 2018 Winter Paralympics, and for its beautiful beaches and ski resorts including Yongpyong and Alpensia. [...]
SEOUL, Jan. 21 (Korea Bizwire) — Although there have been many rumors that the food service industry is in a slump, it is actually growing steadily at an annual rate of 9 percent, according to a recent study. Analysts say the gap between business sentiment and the real economy is widening as the polarization between [...]
SEOUL, Nov. 7 (Korea Bizwire) — The number of coffee shops in South Korea continues to grow. More than 71,000 coffee shops are now operating nationwide, with 14,000 opening last year alone. According to a report by KB Financial Group Management Research Institute, the increase in the number of coffee shops is because the number [...]
BUSAN, May 29 (Korea Bizwire) — The policy of restricting the use of disposable cups in coffee shops has been in place since last August, but one in ten people still use disposable cups inside the stores. The Zero Waste Citizen Center conducted a survey of 239 coffee shops in Busan on the use of [...]
SEOUL, Aug. 3 (Korea Bizwire) — With the Seoul Metropolitan Government beginning a crackdown on the use of disposable cups at coffee shops in the city, there were still a few outlets that offered plastic cups to their customers, although an official inspection by the city government concluded otherwise. When six coffee shops in Jongno-gu [...]
SEOUL, Sept. 28 (Korea Bizwire) — Opening a coffee shop is one of the most popular businesses being pursued by young South Koreans in recent years, data showed Wednesday, in a sign of growing coffee consumption in the Northeast Asian country. The number of coffee shops run by people aged between 15 and 34 stood [...]