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The Korea Herald

Retail & Consumer

April 26, 2024
McDonald's Korea to raise prices of 16 items next month

McDonald's Korea said Friday it will raise the prices of 16 menu items by an average of 2.8 percent from May 2 due to higher logistics and labor costs. The 16 menu items subject to price hikes include the Egg Bulgogi Burger, Bulgogi Burger, Cheese Burger and Triple Cheese Burger. But the prices of...
April 24, 2024
Orion's Turtle Chips sales soar in US

The popularity of the Orion brand's Turtle Chips continued to grow in the US last year, boosting its annual sales to around 12 billion won ($8.8 million). Orion, a South Korean confectionery and snack manufacturer, is supplying the chips at the snack bars of major firms such as Google and Netflix, ...
April 24, 2024
Coway launches Berex massage bed with enhanced usability

South Korean home appliance maker Coway has launched a new massage bed, the Berex Reclining Massage Bed, as part of product diversification aimed at the nation's soaring massage chair market. The new product is the first of its kind to incorporate an automatic upper-body reclining function, specif...
April 23, 2024
CJ's processed rice sales soar in North America

With the rising number of Korean restaurants abroad and the global appeal of Korean food, CJ CheilJedang's processed rice product is experiencing a surge in popularity across North America. CJ CheilJedang announced on Tuesday that sales of Bibigo Cooked Sticky White Rice amounted to 160 billion wo...
April 23, 2024
Hollys to open 1st overseas outlet in Japan next month

Hollys, the coffee business unit of South Korea's KG Group, said Tuesday it will open its first overseas outlet in Japan next month as part of its expansion strategy. Hollys has set up a business entity in the neighboring country to open the outlet at the Marui Department Store in Namba, Osaka. H...
April 22, 2024
Starbucks Korea to add flat white to coffee menu

Starbucks Korea said Monday it will add the flat white coffee to its menu starting Tuesday as it strengthens its coffee lineup to woo customers. The flat white has been available in global Starbucks outlets in the past decade. A flat white is an espresso beverage made with two ristretto shots, co...
April 19, 2024
Sungsimdang outperforms bakery giants to log sales over W100b

Sungsimdang, a local bakery brand based in Daejeon, outperformed the country's top bakery franchise giants, Paris Baguette and Tous les Jours, logging record sales last year, a regulatory filing showed Friday. Rosso, Sungsimdang's holding company, said the bakery recorded sales figure of 124.3 bil...
April 18, 2024
CJ Olive Young offers real-time translators for foreign visitors

CJ Olive Young said Thursday it has introduced portable translators supporting 16 languages in its outlets nationwide to enhance the shopping experience for foreign visitors and the work efficiency of its employees. The handheld device supports 16 languages for real-time translation, including Eng...
April 18, 2024
Paris Baguette debuts in the Philippines

SPC Group said Thursday its bakery chain Paris Baguette had launched its first store in the Philippines. The new Paris Baguette branch in Manila features wooden interiors, designed to create a premium European bakery ambiance, and is located on the first floor of the SM Mall of Asia, the largest s...
April 18, 2024
Amazon fuels e-commerce rivalry with free shipping campaign

The official added that while entering the Korean market at this juncture may present significant benefits in assessing present capabilities and future prospects, it is still too early to gauge Amazon's competitiveness and success in Korea. "At the end of the day, no matter which country consumers...
April 16, 2024
Chanel, Louis Vuitton see muted growth in Korea

Luxury fashion houses reported a slowdown in sales growth in Korea after years of upbeat sales that peaked during the COVID-19 pandemic, according to recent earnings reports. “Consumption of expensive luxury products soared over the past few years, particularly after the COVID-19 pandemic. But, l...
April 16, 2024
Mom’s Touch opens first store in Tokyo

South Korean chicken and burger chain Mom’s Touch announced Tuesday that it has entered into the Japanese fast-food restaurant market by opening its first direct store overseas in Shibuya, Tokyo. The new venue, which used to be the former site of McDonald's Japan for 39 years, spans approximately...
April 15, 2024
Greyd’s video platform helps Korean sellers go global

Greyd, a social commerce platform developed by Seoul-based software developer Arbaim, aims to secure a bigger footing in overseas markets as it offers an effective marketing tool for Korean sellers that is also entertaining to attract global customers. Short-form videos, typically defined as any v...
April 15, 2024
Burger King reveals New Whopper following buzz marketing campaign

The fast-food chain Burger King unveiled the New Whopper, a revamped version of its signature item on Monday, one week after announcing the discontinuation of sales of the original Whopper. According to an announcement on the fast-food chain's Korean website Monday, the reinvention was focused on ...
April 15, 2024
Goobne Chicken opens 4th outlet in US

GN Food, the operator of South Korea's leading roasted-chicken franchise Goobne Chicken, said Monday it has opened its fourth outlet in the United States. With the opening of the store located in Los Angeles' Korea Town, Goobne has four US outlets that include two in LA and one in Texas, GN Food s...

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Herald Corporation |CEO : Choi Jin-Young |Huam-ro 4-gil 10, Yongsan-gu, Seoul, Korea |Title : The Investor |Date of registration : 2016.06.21 |Date of issue : 2016.06.21
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