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Sun, October 1, 2023 | 18:37
Tous Les Jours opens 100th store in US
Tous Les Jours, a bakery franchise operated by CJ Foodville, has opened its 100th store in the United States as Korean-style bread products gains popularity among American consumers, the company said Monday.
Refiners under pressure not to raise fuel prices
Local refiners are under pressure to join government efforts to stabilize fuel prices amid its decision to extend the petroleum tax reduction period until the end of October, an industry official said, Friday.
Starbucks opens 6th community store to support descendants of national patriots
Starbucks Korea has refurbished its Dongnimmun Station branch in Jongno-gu, Seoul, as its sixth community store and revealed plans to support descendants of national merit, Korea's largest coffee chain said Friday.
CJ Logistics loses market share as Coupang surges
CJ Logistics, the country's largest logistics firm, has been losing market share as Coupang's logistic unit caters to more and more online shoppers, according to industry officials, Thursday.
E-commerce firms focus on cosmetics business
E-commerce firms are competing fiercely to secure a bigger slice of the rapidly-growing online cosmetics market, according to company officials, Thursday.
City Oil Field joins hands with Vietnam's BIWASE in plastic waste recycling
City Oil Field, a local waste recycling firm, signed a business agreement with Vietnam's largest environmental company BIWASE to cooperate in recycling waste plastics and promoting a virtuous cycle, the company said Wednesday.
Legoland to recall harmful unicorn cap
Legoland Korea Resort has decided to recall unicorn caps sold at its theme park after discovering they contain excessive amounts of harmful chemicals, the company said Wednesday. According to the safety inspection on children's products conducted by the Korea Agency for Technology and Standards, affiliated with the Ministry of Trade, Industry and Energy, 1.4 times more than t...
Korea seeks to win railway construction projects in Paraguay
Minister of Land, Infrastructure and Transport Won Hee-ryong, met with Paraguay's new President Santiago Pena Palacios and the head of the South American country's senate to discuss a light rail transit business project in its capital, Asuncion, the ministry said Tuesday.
Emart lags behind Coupang due to overhead cost burden
Emart, the country's largest discount store chain, has been lagging behind Coupang, the largest e-commerce firm, in sales and operating profits as more and more consumers shop online, according to industry officials, Tuesday. In addition, Emart is spending a huge amount of money to operate its stores, while Coupang does not have to. That means Emart cannot surpass Coupang in ...
Analysts project Kolmar Korea to benefit from influx of Chinese visitors
Kolmar Korea, a major cosmetics original design manufacturer, is seeing an improved business outlook due to returning Chinese tour groups and growing business partnerships with U.S. and other foreign cosmetics firms, according to securities analysts, Monday.
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