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Biz & Tech

Retail & Food

Tue, October 20, 2020 | 08:36

Lotteria struggling to get customers back to stores

Lotteria struggling to get customers back to stores

Lotte Group's fast food chain Lotteria has been looking to draw consumers back to its restaurants after the continued spread of COVID-19 led to a severe drop in the number of in-store customers.

2020-10-19 19:44

Convenience stores' sales much affected by B Mart, Yo Mart

Convenience stores' sales much affected by B Mart, Yo Mart

Local convenience stores' sales coming from delivery services have nosedived affected by the appearance of fulfillment stores. Fulfillment stores are a combined form of distribution center and convenience store operated by food delivery firms such as Woowa Brothers and Delivery Hero. They sell products purchased directly from the manufacturers or farmers and provide delivery ...

2020-10-18 17:29

SSG.com to target Coupang with new open market service

SSG.com to target Coupang with new open market service

Shinsegae's e-commerce platform SSG.com will launch an open market service starting December, challenging the top two players Naver and Coupang. SSG.com has already started looking to host small dealers to sell their products in its online mall.

2020-10-15 18:45

GBA becomes first unique global business platform in Korea

GBA becomes first unique global business platform in Korea

Global Business Alliance (GBA) is a unique business platform designed to help Korean and foreign entrepreneurs, diplomats and trade counselors from more than 60 countries to share innovative ideas and create a bigger picture for their businesses.

2020-10-13 19:35

Market Kurly CEO receives Pony Chung Leadership Award

Market Kurly CEO receives Pony Chung Leadership Award

Market Kurly CEO Sophie Kim has received the first Pony Chung Leadership Award given to young innovative business leaders. The Pony Chung Foundation initiated the leadership award to mark the 15th anniversary of its establishment.

2020-10-12 17:03

CJ Logistics considers selling Chinese unit CJ Rokin

CJ Logistics considers selling Chinese unit CJ Rokin

CJ Logistics, the logistics unit of South Korea's food and entertainment conglomerate CJ, has been considering selling one of its Chinese units, CJ Rokin, a company official said Wednesday.

2020-10-07 19:57

BBQ seeks to sue BHC for forgery, defamation

BBQ seeks to sue BHC for forgery, defamation

Korean fried chicken franchise BBQ is taking legal action against BHC for defamation of its Chairman Yoon Hong-geun, after a recent report revealed that its local rival forged evidence in an embezzlement scandal two years ago that allegedly involved him.

2020-10-07 17:21

CJ Group may sell more subsidiaries

CJ Group may sell more subsidiaries

After disposing of its coffee shop chain, A Twosome Place, last year and putting its bakery franchise Tous Les Jours on the market in September, CJ Group may sell more of its subsidiaries to fully focus on its main businesses. Three years ago, CJ Group Chairman Lee Jay-hyun declared his vision, “World Best CJ,” in which his three companies in the food, logistics and entertain...

2020-10-04 19:34

Woowa Brothers founder and Delivery Hero CEO to attend National Assembly inspection

Woowa Brothers founder and Delivery Hero CEO to attend National Assembly inspection

Woowa Brothers founder Kim Bong-jin and Delivery Hero Korea CEO Kang Shin-bong will attend a National Assembly audit Thursday to answer questions on how food delivery service firms will seek mutual growth with small business owners.

2020-10-04 17:26

Kakao TV to differentiate itself from YouTube

Kakao TV to differentiate itself from YouTube

Korean internet company Kakao is already witnessing a huge success with its original shows that have garnered an accumulated 13 million views all together in only a week. The industry is alert over the appearance of the Kakao TV platform, which is operated by Kakao M, an entertainment company affiliated with the IT giant.

2020-10-02 11:43

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