UIJEONGBU, Oct. 20 (Korea Bizwire) – Local governments in Gyeonggi Province are reaping the rewards from transforming deserted places into cultural attractions. According officials from the province and the city of Pocheon on October 20, deserted facilities that were revamped into cultural spaces include abandoned coal mines turned into a Cave Theme Park and Art [...]
SEOUL, June 22 (Korea Bizwire) – It’s been a good year for IKEA Korea as the Swedish furniture giant is set to top its sales from last fiscal year. IKEA, since the opening of its Gwangmyeong store in December 2014, has reshaped the landscape of the country’s furniture industry, with the Gwangmyeong branch becoming the company’s [...]
GWANGMYEONG, Aug. 1 (Korea Bizwire) – Gwangmyeong Cave, located in the southwest of Seoul, used to be a storage facility for pickled shrimp, and before that, a gold mine. But recently, it was transformed into a multi-attraction wine tunnel following its purchase by the city of Gwangmyeong in 2011. The 2.2-kilometer tunnel has since become [...]
GWANGMYEONG, Korea, Jan. 22 (Korea Bizwire) – IKEA Korea was embroiled in controversies over its perceived high pricing policies and its map favoring Japan even before opening its first shop in Korea. However, one month after opening it’s first store in Korea, the business is a resounding success. On January 21, IKEA Korea welcomed its 1 [...]
SEOUL, Nov. 25 (Korea Bizwire) – Against IKEA’s discriminatory pricing policy in Korea, as well as its sale (in some markets) of a large-scale world map with the East Sea indicated as the Sea of Japan, a nationwide boycott that even includes a provincial council is spreading. At the frontline of the boycott movement is [...]