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Business
Coupang closes Bucheon logistics center over COVID-19 cases
May 26, 2020
E-commerce platform giant Coupang said Tuesday it has closed its Bucheon logistics center in Gyeonggi Province and conducted disinfection of the facility after at least 10 COVID-19 cases are confirme...
Starbucks Korea expands Teavana stores as tea gains popularity
May 26, 2020
Starbucks Korea said Tuesday that it has expanded the number of Reserve stores selling Teavana drinks to 52 from 13 amid the growing popularity of tea. According to the coffee chain, sales of tea dr...
Duty-free shops suffer sharp drop in April sales amid virus outbreak
May 25, 2020
South Korean duty-free stores saw their sales drop sharply below the 1 trillion-won ($804 million) mark in April, feeling the pinch of the fallout from the new coronavirus, industry data showed Tuesd...
Pulmuone opens LEED-certified food research institute
May 22, 2020
South Korean food company Pulmuone said Friday it has completed the construction of Pulmuone Institute of Technology, the first research and development center that has received certification from th...
Tmon vows to turn profit by 10th anniversary
May 22, 2020
Tmon, an e-commerce platform in South Korea, promised Friday to turn profit this year as it marks its 10th anniversary. With the goal of going public, the firm’s Chief Executive Officer Lee Jin-won ...
[Herald Interview] Ocado Solutions in talks with retailers to enter Korea
May 21, 2020
CEO Luke Jensen describes Korea’s retail market as “early adopter” to online groceries
Cafe24 joins Facebook’s new e-commerce initiative
May 20, 2020
Cafe24, a South Korean e-commerce solutions company, said Wednesday it has joined Facebook’s new initiative, “Shops,” as a partner. Facebook announced the launch of Shops on Tuesday to allow small b...
Tmon collects W29.1m donations to support rare skin disease patient
May 18, 2020
Tmon, an e-commerce platform here, said Monday it would deliver 29.1 million won ($23,625) raised from donations to a teenager suffering from a rare skin disease. To mark this year’s Children’s Day ...
White chicken meat enjoys heyday on wellness boom in Korea
May 18, 2020
Demand, sales of chicken breasts soar, upping competition among food, home meal replacement companies
COVID-19 changes home appliances consumption trend
May 17, 2020
The outbreak of the novel coronavirus has led to a change in the home appliance consumption trends, with increased popularity of electronics helping household chores and less demand for grooming and ...
Namyang Dairy at center of controversy again for badmouthing rival
May 8, 2020
Once industry-leading dairy firm faces boycott after series of controversies
Chamisul Fresh’s alcohol content lowered to 16.9%
May 8, 2020
South Korean liquor maker HiteJinro said Friday it will renew its flagship soju product Chamisul Fresh, lowering the alcoholic content by 0.1 percent to 16.9 percent to match with rival soju brands. ...
Online shopping jumps nearly 12% on-year in March amid virus pandemic
May 6, 2020
Online shopping surged nearly 12 percent from a year earlier in March, data showed Wednesday, an apparent outcome of the new coronavirus outbreak that forced people to stay home. The value of online...
Flour power: Hipsters warm to retro gimmicks
May 5, 2020
Retailers roll out themed goods as established brands aim to refresh identities
Retailers roll out Family Month promotions
May 4, 2020
“We are presenting the discount event so that customers can deliver their gratitude to their loved ones during Family Month,” a Lotte Food official said. The 7-Eleven convenience store chain is rele...
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Hyun Bin to return as North Korean agent in ‘Confidential Assignment’ sequel
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S. Korea to prepare 250 COVID-19 vaccination centers to start inoculations next month
Seoul education office’s push for LGBT students protection faces opposition
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Singapore deal Moon wants Biden to inherit was flawed: US experts
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