SEOUL, Oct. 23 (Korea Bizwire) — Starbucks Coffee Korea Co. is adding 300 more ‘cashless shops’ in addition to the 103 stores currently in operation, starting on Monday. Cashless stores recommend that customers use a means of payment other than cash. The company noted that adding 300 more cashless stores would amount to one-third of [...]
SEOUL, Oct. 18 (Korea Bizwire) — Approximately 1 out of 10 franchised stores selling coffee and beverages shut down last year due to sluggish sales and other factors. Experts cite heightened competition within the saturated franchise market as the main issue, resulting in a wider polarization between successful and unsuccessful franchise business outlets. According to [...]
SEOUL, Sept. 6 (Korea Bizwire) — Sales of tumblers at local coffee franchises surged last month amid the government’s push to reduce the use of plastic cups and straws to protect the environment. Since last month, the government has been clamping down on coffee shops that provide drinks in disposable cups without first asking customers. [...]
SEOUL, Aug. 28 (Korea Bizwire) — Selling coffee will be completely banned at elementary, middle and high schools starting mid-September, the food ministry said Tuesday. The ban will become effective as of Sept. 14 following a law revision, according to the Ministry of Food and Drug Safety. Foods and beverages with high levels of caffeine [...]
SEOUL, Aug. 1 (Korea Bizwire) — Cong Caphe, a Vietnamese coffee brand, has kicked off its move into the global coffee market by opening its very first international store in Seoul’s Yeonnam-dong neighborhood in Mapo-gu. The coffee franchise revealed yesterday that the new shop formally opened its doors to the public on July 30 after [...]
SEOUL, Jul. 11 (Korea Bizwire) — South Korea’s communications regulator has slapped a 10 million-won (US$9,000) fine on Starbucks Coffee Korea Co. for breaching personal information of hundreds of its customers, an official said Wednesday. The Korea Communications Commission said IDs, nicknames and mobile phone numbers of 537 people were disclosed due to a technical [...]
SEOUL, Jul. 10 (Korea Bizwire) — GS25, a convenience store brand managed by GS Group, announced yesterday that the number of GS25 stores that offer coffee products distributed under its own coffee brand, Cafe 25, had expanded to 10,000 outlets. The feat was achieved just 30 months after Cafe 25 first started selling its products [...]
SEOUL, Jun. 14 (Korea Bizwire) — Starting in mid-September, the sale of coffee products will be banned from all schools in the nation. According to the Ministry of Food and Safety, the special revised law pertaining to food safety for children will come into effect on September 14. According to the newly revised law, coffee [...]
BOGOTÁ, Colombia, May 15 (Korea Bizwire) — In recent weeks, the Colombian Coffee Growers Federation (FNC) has received important sustainability and quality awards from key players in the global coffee industry such as Rainforest Alliance, the Coffee Quality Institute (CQI), and the Specialty Coffee Association (SCA). Last week, on May 9, the FNC received one [...]
SEOUL, Apr. 23 (Korea Bizwire) — Starbucks Coffee Korea Co., the local unit of the U.S. coffee giant, said it began a test run of cashless stores at three of its outlets on Monday amid rising use of credit card and mobile payment systems in the country. The stores at major office districts — Gangnam [...]