Most Popular
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Yoon sorry for shortcomings but insists policies were right
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S. Korea ‘strongly’ protests Japan’s claim over Dokdo in diplomatic bluebook
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US 'incredibly concerned' about suspected NK-Iran military ties
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1 in 3 Koreans live alone, family types becoming diverse
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Korean won weakens amid heightened uncertainty
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Sewol victims commemorated on tragedy's 10th anniversary
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Seoul says will cut power to porn festival planned on Han River
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Chanel, Louis Vuitton see muted growth in Korea
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Conservative bloc divided over Han’s role in election defeat
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Korea, Japan finance chiefs vow to tame rampant FX market volatility
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‘Kimchi Relish’: Pulmuone reinterprets kimchi for millennials
Pulmuone said on Monday it has launched “Kimchi Relish,” a new type of kimchi that “reinterprets” the spicy Korean side dish, in South Korea and the US. Made with plant-based ingredients including tomatoes and Sriracha sauce, the chopped vegan kimchi comes in two flavors, Mild and Spicy, and is recommended to be had with dishes such as pasta, salads, and tacos. Pulmuone said the new product is expected to appeal to millennial and gen-Z consumers, among which there is a
Oct. 19, 2020
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Homeplus partners with E&J Gallo to expand US wine lineup
Homeplus said Friday it had signed a strategic partnership with E&J Gallo, a US-based winery, to introduce a wide range of US wines to the Korean market. According to the hypermarket chain, the two companies held an online joint business plan signing ceremony, to agree on establishing a stable distribution network. Founded in 1933, E&J Gallo stands as one of the biggest wineries in the US, Homeplus said. E&J Gallo currently has 75 affiliate companies and runs 120 brands, expor
Oct. 16, 2020
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Ediya Coffee’s delivery revenue jumps nearly sevenfold amid pandemic
South Korean coffeehouse chain Ediya Coffee said Thursday that revenue from its coffee delivery service increased around 660 percent over the last year, compared with a year before. According to data from the company, the number of delivery orders made between last October and September this year stood at 1.1 million, up 612 percent. from the same time last year. Ediya Coffee saw a sharper increase in order volume between April and June this year, during which the company saw a near 1,000 perc
Oct. 15, 2020
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Amazon Global Selling Korea to ramp up support for sellers
Amazon Global Selling Korea said on Thursday it is ramping up support to help sellers and businesses branch out into the international market. Speaking at a livestreamed press event, Lee Sung-han, head of the South Korean unit of the e-commerce giant’s export program, praised South Korea’s handling of the pandemic as he unveiled plans to assist businesses in the country. “Despite the pandemic this year, we thank many sellers in South Korea who worked with Amazon to provide hi
Oct. 15, 2020
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eBay Korea’s Smart Delivery launches charity campaign
eBay Korea’s next-day delivery service Smart Delivery on Monday launched a charity campaign to fund daily necessities for elderly single households. Part of the proceeds made through the company’s express delivery service will be donated to Miral Welfare Foundation and provide daily necessities kits for some 300 elderly people around the country who are living alone by early November, the firm said Monday. The campaign, which is funded in part through social contribution funds set
Oct. 12, 2020
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Nongshim Shin Ramyun Black named among world’s best instant noodles
South Korean food maker Nongshim said Monday its flagship instant noodle Shin Ramyun Black has been chosen as one of the world’s best instant noodle brands by The Travel. Nongshim’s Shin Ramyun Black was listed among the four chosen for the best instant ramen of 2020 lest, released Thursday by The Travel, a global tour site based in Canada. Hailing the noodle as “the top competitor” in the instant noodle world, The Travel chose Shin Ramyun Black as “The best in
Oct. 12, 2020
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[Monitor] Online shopping volume breaks record in August
South Korea’s online shopping volume reached 14.38 trillion won ($12.4 billion) in August, the highest since records began in 2001. Mobile shopping volume was 9.32 trillion won, surpassing by far the money spent through online shopping on PCs. Online shopping also accounted for a record breaking 28.6 percent of overall retail sales, up 7.7 percent from the same time last year. While food delivery services and ready-made meals helped drive sales up as people spent more time at home foll
Oct. 8, 2020
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Cafe24 sees over 35,000 online stores launched during Q3
Cafe24 said on Wednesday that 35,836 new direct-to-consumer online stores were launched through its e-commerce platform, its highest figure in five years. The latest data means that store launchings during the quarter experienced a near 40 percent year-on-year increase, which comes down to over 10,000 new stores opening each month. September recorded the biggest growth during the quarter with 11,545 new stores joining the platform, a 50.34 percent jump from 3,866 in the same period last year.
Oct. 7, 2020
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McDonald's Korea celebrates Founder’s Day
Celebrating Founder‘s Day, McDonald’s Korea Managing Director Antoni Martinez expressed appreciation and encouragement to employees on Wednesday. McDonald‘s Founder’s Day is held in October annually, to celebrate the birthday of its founder Ray Kroc, who was born on Oct. 5, 1902. The anniversary is globally celebrated by the burger chain’s branches across the world. To carry on the customer- and store-centered business management spirit of the founder, chi
Oct. 7, 2020
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[Photo News] Shinsegae opens Starfield Ansung
Retail giant Shinsegae Group said Monday it opened Starfield Ansung in Ansung, Gyeonggi Province, making it the largest shopping mall in the southern part of the province. According to the mall operator, the total floor space amounts to 240,000 square meters and the parking lot is big enough for 5,000 vehicles. About 300 shops have entered the mall so far, and it also places various entertainment facilities, such as a 63-meter observatory and art exhibition spaces. To prevent
Oct. 5, 2020
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McDonald's Korea pledges to increase environmentally-friendly stores
McDonald’s Korea announced Monday a new action plan aimed to promote sustainable growth for society and the environment. Through a video on its YouTube channel, the burger chain introduced the slogan, “Small but Great Changes for a Better Community,” and presented its action plans in four sectors that include the earth, keeping quality ingredients and supply, society, and employment. For the earth and the environment, McDonald’s Korea pledged to reduce its usage of pl
Oct. 5, 2020
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Demand jumps for fresh food on e-commerce platforms
More major e-commerce platforms are offering new services for grocery shoppers as demand for fresh food in online shopping continues to rise amid the ongoing pandemic, according to industry sources. In September, WeMakePrice announced it would start offering a full refund to shoppers who are dissatisfied with the quality of perishable goods sold on its website. The return rate was nearly zero percent during the trial period of the quality assurance service, one official at the company explain
Oct. 1, 2020
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Direct overseas purchases more than double in 5 years: data
South Koreans' direct purchases from overseas online malls more than doubled in the past five years in terms of value, a ruling party lawmaker said Wednesday. Rep. Park Hong-geun of the ruling Democratic Party said the number of Koreans' overseas online direct buying jumped to 42.99 million in 2019 from 15.84 million in 2015, citing data from the Korea Customs Service (KCS). The value of foreign direct buying also soared to $3.14 billion from $1.51 billion over the cited period, the data
Sept. 30, 2020
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Shake Shack rolls out Gochujang-inspired burger
Shake Shack rolled out a new burger using traditional Korean red pepper paste Gochujang, Monday. The burger chain operated by SPC Group here said it came up with the limited edition item after its culinary director, Mark Rosati, drew inspiration from Korean dishes he had when he was traveling the country. The Gochujang Chicken Shack comes with a sous-vide chicken breast, spicy and sweet Gochujang glaze and sesame seeds, creating a flavor profile similar to the Korean-style seasoned spicy ch
Sept. 28, 2020
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CheongKwanJang launches Donginbi ginseng cosmetics on Amazon.com
CheongKwanJang said Monday it had officially launched its premium ginseng cosmetics brand Donginbi on Amazon’s US site. Opening its own brand shop on the world’s biggest ecommerce platform, CheongKwanJang said it will expand its business to target US customers who are interested in K-beauty and oriental medicine cosmetics. The cosmetics brand will offer a total of 20 skin care products via its online shop, including flagship products like the 1899 Single Essence and the 1899 Sig
Sept. 28, 2020
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No tomato in burgers? Typhoon damages cause tomato supply shortage
Retailers are suffering from a tomato supply shortage, after farmland was damaged by the record-long summer monsoon season and a number of typhoons that hit the country this summer, according to the food industry on Monday. Local burger chain Lotteria recently posted an announcement on its website and in stores informing customers that it may temporarily stop selling or change ingredients used for burgers that use tomatoes, including the Hanoo Bulgogi Burger, AZ Burger, Wagye Edition II and H
Sept. 28, 2020
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Retail giants offer counseling services amid pandemic
Major retail businesses are offering free counseling services in response to a mental health crisis that has emerged in the midst of the ongoing coronavirus pandemic. Online retailer Gmarket announced plans on Wednesday to offer free psychological counseling for front-line medical staff who have helped fight the COVID-19 crisis. A total of 30 applicants will be chosen to get help from nongovernmental health care organizations, as part of the retailer’s crowdfunding project “Touch,
Sept. 23, 2020
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Fruity beers enjoy surge in popularity as light drinking catches on
Beers with a fruity taste are gaining ground in South Korea’s alcoholic beverages market, which has been dominated by domestic pale lagers such as Cass and Hite, as more people opt for light drinking with variations in taste, according to the industry. Convenience store chain CU said its sales of beers known for fruity notes, including Kronenbourg 1664, between January and August rose 9 percent compared with the same time last year. General beer sales also went up by 14.2 percent over the
Sept. 22, 2020
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Victorinox offers special gift items for Chuseok
For the upcoming Chuseok holidays, Victorinox suggested special gift items that satisfy both in style and quality, including its iconic army knife, swiss-made watch and backpack. Victorinox said its Altmont Professional Fliptop Laptop Backpack is perfect fit for office workers, with its iconic design appropriate in business settings, and with great storage capacity. The flagship product Victorinox Swiss Army Knife will make as a special gift, as it come in different sizes and has a wide rang
Sept. 20, 2020
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Consumers spend more on ready-meals, gift sets for Chuseok amid COVID-19
As the majority of Koreans plan to stay at home during the upcoming Chuseok holiday, ready-meals and unique pandemic-related gift sets are selling like hot cakes. Homeplus, a local supermarket chain, said it saw an 83 percent increase in online sales of refrigerated convenient meal products from Sept. 1 to 8, compared to the same period in the previous month. The sales figure is up 159 percent on-year. The retailer said people are buying more ready-meal products that they can conveniently h
Sept. 20, 2020