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. 12 (Korea Bizwire) — In the past decade, the food service industry has gone through significant change. Food that was once a huge success disappeared suddenly, and old favorites reappeared out of nowhere. The Korea Agro-Fisheries & Food Trade Corp. recently published a report outlining popular dishes and trends in the restaurant market [...]
BUSAN, Jul. 9 (Korea Bizwire) — Young people in their 20s and 30s are rushing to start restaurant businesses, which are referred to as ‘livelihood’ start-ups. Experts have attributed the trend to the lowered entry barriers in the restaurant industry due to the emergence of various professional franchise companies along with social and structural problems [...]