DAEGU, Feb. 25 (Korea Bizwire) — Daegu citizens are working together on social media to prop up local businesses, which have been hit hard by the rapidly growing coronavirus outbreak. A Facebook page introducing restaurants in Daegu posted Friday that many establishments are losing money due to the COVID-19 epidemic. These restaurants saw their sales [...]
SUWON, Feb. 3 (Korea Bizwire) — With growing concern over the seriousness of the coronavirus epidemic, many South Koreans are opting to stay away from crowded places, including restaurants and other eateries. Group dinners, accounting for a significant portion of all sales, have dwindled, and schools are cancelling graduation and enrollment ceremonies. “It’s important that [...]
SEOUL, Dec. 20 (Korea Bizwire) — Consumers consider the brand’s ‘owner risk’ as an important standard of choice when eating out. According to a survey of 1,000 men and women between the ages of 16 and 64 conducted by market research firm Embrain Trend Monitor, more than half of respondents felt that “There have been [...]
SEOUL, Dec. 19 (Korea Bizwire) — Genesis BBQ Co., a major South Korean fried chicken chain, opened a new ‘smart store’ in Seoul’s Songpa District on December 6. There are no employees to take orders at the store. Instead, there are tablet PCs on each table that are used to order food. The food made [...]
SEOUL, Nov. 14 (Korea Bizwire) — The Michelin Guide on Thursday announced its highly regarded star selections for a total of 31 restaurants in Seoul with unique cuisine and quality, including two eateries that grabbed three stars for the fourth consecutive year. The awards were announced at the ceremony of the 2020 Michelin Guide for [...]
SEOUL, Oct. 15 (Korea Bizwire) — While restaurants and other dining companies are increasingly dependent on delivery apps, owners do not think that these apps help them increase profitability, a recent survey has showed. According to a study released Monday by the Korea Food Service Industry Research Institute (KFIRI), 49.8 percent of the average number [...]
SEOUL, Oct. 3 (Korea Bizwire) — Nearly half of the restaurants that newly opened in 2013 had gone out of business by September this year, data showed Thursday, due mainly to the prolonged economic slump and rising costs. Around 15,000 of the 31,000 restaurants, cafes and bars that launched six years ago in the capital [...]
SEOUL, Jun. 27 (Korea Bizwire) — Controversy is looming over customer reviews for restaurants offering delivery services. Customer reviews are seen as an important factor in restaurant choice, especially in a highly competitive food service industry. There are negative reviews, however, that are being questioned as to their authenticity and how much they reflect the [...]
SEOUL, Apr. 18 (Korea Bizwire) — LG Electronics Inc. said Thursday it plans to develop robots that can serve food to customers in restaurants. The robots will be deployed to CJ Foodville Corp.’s selected restaurants later this year to serve customers and create futuristic experiences, LG Electronics said. CJ Foodville is a subsidiary of food [...]
SEJONG, Feb. 26 (Korea Bizwire) — The production index for restaurants dropped by the largest margin to date last year, state data showed Tuesday, showing the weakness of the business segment that self-employed people heavily rely on. The index dropped to 94 last year from 97.2 a year earlier, the biggest fall since record keeping [...]