Let's grow together

CJ Foodville CEO Heo Min-heoi, left, Korean Bakery Association President Kim Seo-joong, center, and SPC CEO Cho Sang-ho pose Wednesday after signing an agreement on shared growth for the country’s bakery industry at the National Commission for Corporate Partnerships’ office in Guro, Seoul. The commission has put the brakes on the expansion of big bakery chains by banning them from opening new bakeries within 500 meters of an existing store in the same franchise as of Feb. 5. / Yonhap