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Homeplus CEO resigns after 3 yearsJan 7, 2021First female CEO in hypermarket industry stepping down for personal reasons -
Starbucks Korea rolls out limited Playmobil figurinesJan 7, 2021Even as Seoul was hit with the coldest weather of the winter so far, a small number of Starbucks patrons and toy collectors alike were seen lining up outside the coffee chain outlets in the early mor... -
South Korean consumers spend record amount of money on alcohol, tobaccoJan 5, 2021South Koreans’ spending on drinks and cigarettes reached a record high during the third quarter of last year, the Bank of Korea said Tuesday. Households spent 4.3 trillion won ($3.96 billion) on liq... -
Victorinox Rescue Tool to deal with black ice encountersJan 5, 2021With icy cold weather hitting regions across the country, concerns are rising about increased car accidents on black ice. To be prepared for emergencies, Victorinox presented its Rescue Tool, a conti... -
Online shopping hits record high in Nov. amid pandemicJan 5, 2021Online shopping in South Korea hit a record high in November as more people bought products via e-commerce platforms amid the new coronavirus pandemic, data showed Tuesday. The value of online trans... -
Wine imports hit record high as home drinking catches onJan 4, 2021Wine defies doom and gloom in pandemic, while beer and whiskey imports plunge -
Retailers urged to cut ties with Japan beauty firm DHC over racism scandalJan 2, 2021Pressure mounts on businesses to take action against Japanese cosmetics firm after CEO’s racially charged remarks -
Yuhan-Kimberly appoints Chin Jae-seung as new CEODec 31, 2020Yuhan-Kimberly will get a new chief executive on Friday -- Chin Jae-seung, the company’s vice president of marketing and innovation. He will replace Choe Kyoo-bok as CEO. The appointment of Chin was... -
Coupang to be led by two directors instead of current fourDec 30, 2020Coupang will reorganize its top leadership so that it has two representative directors instead of the current four, the e-commerce platform said Wednesday. Two incumbent directors, Kang Han-seung an... -
GS25 rolls out tteokbokki for vegansDec 28, 2020Local convenience store chain GS25 is bringing instant vegan tteokbokki to its stores, the company said Monday. Tteokbokki is a popular Korean street food of rice cakes in chili sauces. The produc... -
Why alcohol brand mascots are making a comebackDec 24, 2020Rise of OB bear, Jinro toad explained -
Retail sales up in Nov. on nationwide sales eventDec 23, 2020Retail sales in South Korea moved up 6.3 percent in November from a year earlier on the back of the nationwide consumption-boosting events aimed at overcoming the economic jitters from the COVID-19 p... -
Bibigo frozen dumplings log W1tr sales in 2020Dec 22, 2020Sales of Bibigo frozen dumplings have exceeded 1 trillion won this year, the company behind the brand said Tuesday. Bibigo owner CJ CheilJedang said sales of Bibigo dumplings stood at 1.03 trillion ... -
Thom Browne to launch perfume line in KoreaDec 22, 2020US fashion brand Thom Browne said on Tuesday it will launch its perfume line in Korea. A total of six perfumes will be released, including “09.27.65 Eau de Parfum,” also known as Vetyver Absolute, a... -
Retailers cash in on Christmas shopping amid pandemicDec 22, 2020From Christmas cakes, tech gadgets to health supplements, businesses rush to seize on year-end gift season
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01Korea’s COVID-19 numbers fall, but risks still loom
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[Feature] ‘Lost decade’ possible for South Korea as employment prospect dims among young job seekers02
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03Beauty stores ‘battered’ by coronavirus pandemic
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Lotte, Shilla to close duty-free stores at Incheon Airport’s Terminal 1 after next month04
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05New virus cases over 400 again on cluster infections
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SK Holdings to invest in advanced materials, green, bio, digital sectors06
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07Authorities on alert as mass virus outbreak infects 127 at missionary school
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LG charges ahead for tomorrow’s business08
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09First case of pet with COVID-19 confirmed in S. Korea: PM
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New virus cases under 400 again, alert in place against potential upticks10