The Korea Herald

Sales of Hite Jinro soju triple in Thailand

Jul 21, 2021

Sales of Hite Jinro’s soju products in Thailand reached $1.55 million in the first half of 2021, up 210 percent from the corresponding period last year, said the South Korean liquor maker on Wednesda...
Lotte Food aims to double canned ham exports

Jul 20, 2021

South Korean food company Lotte Foods is expanding the exports of its canned ham products with a goal of doubling the profit from ham exports this year, the company said Tuesday. Lotte Foods said it...
E-Land Group appoints younger CEOs in push for online sales

Jul 19, 2021

New shakeup reflects a push to appeal to younger consumers
Emart24 introduces unmanned alcohol vending machine

Jul 18, 2021

Emart24 is introducing an artificial intelligence-based alcohol vending machine that would support its fully unmanned operation of convenience stores, the company said Sunday. Installed at its store...
Ottogi to hike instant noodle prices by 12%

Jul 16, 2021

South Korean food manufacturing company Ottogi announced on Friday it will raise its instant ramen prices by an average of 11.9 percent from next month. The company cited rises in ingredient prices,...
Over 1 in 3 delivery workers in 20s and 30s, CJ Logistics says

Jul 15, 2021

More than 1 in 3 of delivery workers of CJ Logistics, the industry’s largest, are in their 20s and 30s, the company’s data showed Thursday, contrary to the popular perception that couriers come from ...
CU opens convenience stores in Mongolian int'l airport

Jul 15, 2021

South Korea's major convenience store chain CU said Thursday it has launched two stores in a new international airport in Mongolia as part of efforts to boost its presence in the country. CU said th...
More convenience stores close after midnight amid rising labor costs

Jul 14, 2021

1 in 5 convenience stores now closed after midnight
First-generation e-commerce platform Interpark up for sale

Jul 13, 2021

Interpark seeks new owner, following footsteps of eBay Korea
Fresh COVID-19 wave hits department stores

Jul 12, 2021

After a cluster of COVID-19 infections was reported at a department store in Seoul, large retail outlets are fearing it will cause a ripple effect and scare shoppers away. As of Sunday, nearly a wee...
11st to release all Built New York’s BTS tumblers in Korea

Jul 12, 2021

E-commerce platform 11st will begin selling an entire line of BTS tumblers and bottles produced by New York-based design company Built New York in collaboration with the South Korean pop group, in Ko...
Small businesses devastated by prolonged pandemic, survey says

Jul 12, 2021

Revenue, income and jobs all declined
Homeplus taps ex McDonald’s Korea CEO as new CMO in executive shakeup

Jul 8, 2021

South Korean supermarket chain Homeplus has appointed former CEO of McDonald’s Korea Cho Ju-yeon as its new chief marketing officer, in an executive reshuffle announced on Thursday. Cho made headlin...
BAT’s tobacco heating product reduces harmful exposure: study

Jul 5, 2021

BAT Korea unveiled a new study on Monday that showed its tobacco heating product Glo was able to “significantly” reduce harmful exposure to toxic substances. The recent study published in the Journa...
Coupang investigated by FTC over accusations of meddling with algorithms

Jul 4, 2021

South Korea’s antitrust watchdog has launched a probe into e-commerce giant Coupang over the accusation that the company has meddled with algorithms to prioritize its own products, according to multi...