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Thu, October 22, 2020 | 04:21
Shake Shack coming to Daejeon
Shake Shack coming to Daejeon
Pedestrians pass by the construction site for Shake Shack's first store in Daejeon, which will open in November inside Hanwha Galleria Timeworld department store in the metropolitan city. SPC Group, the U.S. hamburger chain's local operator, said Wednesday it will offer free meals to 180 customers among those who upload their pictures in front of the construction site hoardin...
Park Jae-hyuk | 2020-10-21 15:54
CJ Group may sell off CGV
CJ Group may sell off CGV
There has long been speculation that CJ Group would sell off its theaters and bakery franchise in order to concentrate on its three main business - CJ Cheil Jedang, CJ Logistics and CJ ENM.
Kim Jae-heun | 2020-10-20 16:43
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.
Kim Jae-heun | 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 ...
Kim Jae-heun | 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.
Kim Jae-heun | 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.
Baek Byung-yeul | 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.
Kim Hyun-bin | 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.
Kim Jae-heun | 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...
Kim Jae-heun | 2020-10-04 19:34
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