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Tue, November 29, 2022 | 17:52
Convenience stores join fried chicken price war
Convenience store chains have entered the ongoing fried chicken price war, which was triggered by large retail stores as they try to attract more customers by undercutting fried chicken franchise restaurants with low prices, according to company officials, Friday. They are selling fried chicken at half the price of franchises and offering “two for one” sales promotions.
Companies | 2022-09-02 16:44
Daesang opens key research center in Seoul
Daesang has opened a key research center called DAESANG Inno Park in Magok, western Seoul, so as to help it in becoming a global food firm, the company said, Thursday.
Companies | 2022-09-02 08:28
Dongwon introduces low-calorie Richam giftset for Chuseok
Dongwon F&B has prepared 200 different kinds of giftsets for Chuseok, an autumn holiday which falls on Sept. 10 this year, company officials said, Tuesday. The company includes its Richam Double Light canned ham product in its giftsets to satisfy the consumer demand for healthier foods. Richam is the first low-sodium canned ham, introduced by Dongwon F&B in 2003 to change con...
Companies | 2022-08-31 08:40
Homeplus to attract customers by offering lowest prices via AI
Homeplus, one of Korea's three major discount supermarket chains, is looking to attract customers by offering the lowest prices for its grocery items in the local market by utilizing a big data algorithm system, the company said on Wednesday.
Companies | 2022-08-30 16:59
Shake Shack continues to boom amid growing burger market
SPC Group initially had plans to open 25 Shake Shack restaurants in Korea by 2025 and it has already opened 22 on the back of its growing popularity among local hamburger lovers, according to company officials, Tuesday.
Companies | 2022-08-30 16:58
Restaurants hit by worker shortage
A 35-year-old vegetable shop owner surnamed Choi has been running two shops in Seoul for the past five years. He had two part-time workers at each shop, but Choi has decided to work alone after his business fell into a deficit amid the COVID-19 pandemic.
Companies | 2022-08-30 08:28
Hyundai Engineering to solidify lead in micro modular reactor market
Hyundai Engineering has joined hands with USNC, an American company specializing in small module nuclear power plants with fourth generation ultra-high temperature reactors, to solidify its position as a global leader in the micro modular reactor (MMR) sector. The company said Sunday it signed an agreement on Aug. 26 to purchase major equipment in connection with the “Canada ...
Companies | 2022-08-29 09:02
Two scientists receive Merck awards
Merck Korea, a leading science and technology company, announced the winners of this year's Merck Award and Merck Young Scientist Award during the International Meeting of Information Displays (IMID) 2022 in Busan, Wednesday. Professor Noh Yong-young of Postech, the winner of the Merck Award, reported innovative research results on the development of semiconducting materials ...
Companies | 2022-08-25 16:40
Ediya Coffee to try luck overseas again
Ediya Coffee, the coffee franchise with the largest number of stores in the country, will take its brand abroad again by opening a store in Guam this year, according to the company CEO. “The domestic coffee market is already saturated. Rather than looking for opportunities in a red ocean, we are planning to find new growth engines overseas,” Ediya Coffee CEO Moon Chang-ki sai...
Companies | 2022-08-25 16:39
Homeplus to attract customers by offering lowest prices via AI
Homeplus, one of Korea's three major discount supermarket chains, is looking to attract customers by offering the lowest prices for its grocery items in the local market by utilizing a big data algorithm system, the company said on Wednesday.
Companies | 2022-08-24 16:59
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