subscription business Archives

Bakery Industry Looks to Subscription Business Model

SEOUL, July 7 (Korea Bizwire) – Tous Les Jours, a South Korean bakery franchise, announced on Monday it will launch a monthly subscription service for its popular products, an industry first. The bakery is owned by CJ Foodville, a subsidiary of CJ Group. As part of the monthly subscription service, a customer can enjoy a [...]

Unlimited Reading, Regular Delivery Service with Monthly Subscriptions

SEOUL, Feb. 8 (Korea Bizwire) — Subscription businesses first arose in the United States in the early 2010s after the global financial crisis. The subscription economy, referring to business models though which specific goods or services are provided on a regular basis for a monthly payment, is growing rapidly, more than tripling over the past [...]