SEOUL, Sept. 4 (Korea Bizwire) — South Korean pizza chain Mr. Pizza launched Tuesday its first offering for pet dogs and cats, dubbed ‘Mr. Petzza’ – a pizza for companion animals inspired by Mr. Pizza’s popular “Cheese Blossom Steak” and “Pepperoni” pizzas. Instead of wheat flour, which is difficult to digest, the dough was made [...]
SEOUL, Sept. 5 (Korea Bizwire) — Pizza chain Mr. Pizza announced on September 4 that its locations in Pyeongtaek, Bangbae, Pangyo and Changdong will begin delivering pizza using Renault Samsung’s one-seater Twizy. The electric car is one third the size of a standard sedan and is considered to be a far safer ride than the [...]
SEOUL, July 25 (Korea Bizwire) – The founder of a local pizza franchise will face trial on charges of embezzlement and breach of trust worth 15 billion won (US$13.4 million), prosecutors said Tuesday. The Seoul Central District Prosecutors’ Office has indicted Chung Woo-hyun, ex-head of MP Group, for misappropriating company funds, breach of duty and [...]
SEOUL, Jul. 17 (Korea Bizwire) — As CEOs of South Korean companies continue to attract the ire of the public after a steady stream of abuse of power scandals, an increasing number of small shareholders who have suffered financially from the careless actions of the business owners are expressing frustration. Jung Woo-hyun, the former CEO [...]
SEOUL, July 6 (Korea Bizwire) – The founder of a major South Korean pizza franchise was arrested on Thursday over suspicions that he ripped off contractors and embezzled company funds. The Seoul Central District Court issued an arrest warrant for Chung Woo-hyun, 69, former head of MP Group, whose reported mistreatment has aroused public uproar [...]
SEOUL, Jun. 29 (Korea Bizwire) — As the number of franchise businesses in South Korea such as fried chicken restaurants is increasing exponentially, conflict between franchisors and franchisees is on the rise. The number of franchisors that were sanctioned by the Fair Trade Commission for violating the Franchise Business Act has increased fourfold compared to [...]
SEOUL, Oct. 19 (Korea Bizwire) – ‘Mr. Pizza’, the restaurant chain operated by MPK Group, announced that it has opened its 100th store in China at Hangzhou. The company is planning to accelerate its advance into the Chinese market. After Mr. Pizza entered the Chinese market in 2000, opening its first store in Beijing, the [...]
SEOUL, Dec. 25 (Korea Bizwire) – “Mr. Pizza,” a Korean pizza franchise, is growing rapidly in the Chinese market. MPK Group, the operator of the franchise, has recently seen a turnaround in November, with a profit of 110,000 yuan (US$ 17,674). According the group’s announcement on December 23, its total sales for 2014 should be [...]
SEOUL, Nov. 4 (Korea Bizwire) – Mr. Pizza plans to enter the Philippine’s dining market, following China and the United States. MPK Group, the owner of the renowned pizza franchise, announced on November 2 that it signed an agreement with WCGC on October 30. WCGC is a large Filipino dining company, running a lot of popular [...]