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Biz & Tech

Retail & Food

Thu, December 3, 2020 | 07:50

Starbucks helps Shinsegae boost online business

Starbucks helps Shinsegae boost online business

Starbucks Korea, which manages a joint venture with local retail giant Shinsegae, is helping its business partner improve its online business performance by opening an exclusive Starbucks store at the latter's outlets. SSG.com, an e-commerce unit of Shinsegae, saw a 10-percent increase in overnight delivery orders and a 20-percent boost in sales one week after it started sell...

2020-12-02 09:05

KITA hosts conference on global trade environment for 2021

KITA hosts conference on global trade environment for 2021

The Korea International Trade Association (KITA) held an online conference on “Prospects and Challenges for 2021 Global Trade Environment” on Monday and Tuesday. The event was divided into two parts - an EU session on the first day and a U.S. session on the second.

2020-12-01 16:40

KRCC to expand agricultural development business in overseas

KRCC to expand agricultural development business in overseas

The Korea Rural Community Corporation (KRCC) has achieved significant results overseas this year after successfully signing two agricultural development agreements in Malawi and Ethiopia. According to the corporation, the size of the project to develop a farming system in Malawi is equivalent to 3.4 percent of the country's gross domestic product for a year.

2020-12-01 10:18

Shinsegae seeks local retail paradigm shift with 'drama commerce'

Shinsegae seeks local retail paradigm shift with 'drama commerce'

Vice Chairman of Shinsegae Group Chung Yong-jin will introduce a new paradigm in retailing here by combining TV shows and online shopping; a concept he calls “drama commerce.” This brings the shopping experience to another level where people can purchase products while watching dramatic content on their mobile phone.

2020-11-30 16:05

Output of domestic alcohol down 10%, yet imports double in 5 years: data

Output of domestic alcohol down 10%, yet imports double in 5 years: data

Output of domestic alcoholic beverages decreased by over 10 percent over the past five years, but imports of alcohol nearly doubled during the same period, government data showed Sunday. The total production of alcoholic beverages made in the country came to 337 million kiloliters in 2019, down 11.3 percent from 390 million kiloliters in 2014, according to the data by the Nat...

2020-11-29 11:57

Which Korean companies lead in gender equality?

Which Korean companies lead in gender equality?

Consumer goods and IT companies, and foreign financial firms all had superior scores regarding gender equality, according to ratings by corporate tracker CEO Score and Women in Innovation, a corporate body fostering female leaders. Korea's top 500 companies were rated in terms of gender ratios in employment and executives, pay discrepancies, and on programs fostering female e...

2020-11-27 09:24

Binggrae records strong sales with Dr. Capsule 1000

Binggrae records strong sales with Dr. Capsule 1000

Binggrae renewed its fermented milk product Dr. Capsule 1000 in August last year and it saw sales multiply by 20 times from January to September this year compared to the same period in 2019. The double capsule lactobacillus of Binggrae's fermented milk product protects lactobacillus probiotics from stomach acid and bile and helps it safely reach the intestine.

2020-11-26 16:17

Dongsuh Foods hosts 15th literature award

Dongsuh Foods hosts 15th literature award

Dongsuh Foods held the 15th Scent of Life Dongsuh Literature Awards ceremony at the Westin Chosun Hotel in downtown Seoul, Tuesday, recognizing 484 works by female writers. Marking its 32nd anniversary this year, the literature award is the nation's largest award for amateur female writers. A total of 18,631 entries were submitted from May 25 to Oct. 5, and 484 pieces were se...

2020-11-26 16:16

Ministry may take action against Chanel executive

Ministry may take action against Chanel executive

In light of recently revealed claims of a decade-long sexual harassment scandal within Chanel Korea, the Ministry of Employment and Labor said that it is within its powers to take action against the company but, outside of what has been revealed through media sources, no victims have lodged official complaints of a labor law violation.

2020-11-26 09:06

Nongshim rolls out Shin Ramyun with tofu, kimchi

Nongshim rolls out Shin Ramyun with tofu, kimchi

Nongshim said Wednesday it has released a new edition of its best-selling Shin Ramyun instant noodles - Shin Ramyun Black Tofu Kimchi - in a bagged version.

2020-11-25 16:51

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