SEOUL, Aug. 12 (Korea Bizwire) — Heavily-discounted fried chicken buckets released by discount store chains are gaining rising popularity in South Korea amid sky-high inflation. Discount store chain Homeplus started selling 30 to 50 buckets of fried chicken a day at each store from June 30. As of Wednesday, the company had already sold more [...]
SEOUL, June 13 (Korea Bizwire) — With soaring consumer prices, the price of fried chicken jumped the highest this year. According to the data from the Korean Statistical Information Service, among 39 types of outdoor food, fried chicken had the highest surge in price at 6.6 percent. All other outdoor foods were also more expensive [...]
SEOUL, April 26 (Korea Bizwire) — South Korean fried chicken chain Genesis BBQ Co. said Tuesday it has recently opened six new shops in the United States as part of efforts to tap deeper into the American market. Genesis BBQ said it launched three stores in Aurora, Denver and Inglewood in the U.S. state of [...]
SEOUL, April 21 (Korea Bizwire) — Yoon Hong-geun, head of the South Korean delegation to the Beijing Winter Olympics in February and also president of the Korea Skating Union (KSU), had made a grand promise to athletes during the competition: Win a gold, and you will get free fried chicken for life. Yoon isn’t your [...]
SEOUL, April 20 (Korea Bizwire) — All South Korean athletes who won a medal at the 2022 Beijing Winter Olympic Games will receive a “fried chicken pension benefits.” The Korea Skating Union decided to award pensions to the medalists on Thursday at Lotte Hotel Seoul. Korea Skating Union President Yoon Hong-geun, who is also Chairman [...]
SEOUL, Nov. 29 (Korea Bizwire) — The favorite Korean food among foreigners turned out to be Korean-style fried chicken. The Ministry of Agriculture, Food and Rural Affairs and the Korean Food Promotion Institute conducted a survey of 8,500 individuals from New York, Paris and 15 major cities around the world to ask them about the [...]
SEOUL, Sept. 10 (Korea Bizwire) — Pizza is being ruled out from what was once heated competition with fried chicken over late-night snacks and delivery food. Cheong-o DPK Co., which runs South Korea’s top pizza franchise Domino’s Pizza, reported total sales of 232.8 billion won (US$199.3 million) last year, up 114.2 percent since 2010 (108.7 [...]
SEOUL, Aug. 25 (Korea Bizwire) — South Korea’s fried chicken franchise Kyochon F&B said Tuesday that it had introduced ‘assistant robots’ at its restaurants. The new robots are capable of interacting with people during operation, and were developed jointly with Doosan Robotics Inc. An assistant robot set up at a Kyochon Chicken store in Incheon’s [...]
SEOUL, April 14 (Korea Bizwire) — Sales of South Korea’s major fried chicken franchises jumped in 2020 as people resorted more to food delivery amid the coronavirus outbreak, industry data showed Wednesday. Kyochon, the biggest franchise, saw its top line surging 17.8 percent on-year to 447.6 billion won (US$398 million) last year, and sales of [...]
SEOUL, Oct. 23 (Korea Bizwire) — South Korea’s Hyundai Robotics Co. said Friday it has joined hands with fried chicken franchise KFC Korea Co. to automate the chicken cooking process. Under the preliminary deal with KFC Korea, Hyundai Robotics, a unit of global shipbuilding giant Hyundai Heavy Industries Holdings Co. (HHIH), will develop the automation [...]