Korea
One out of 10 coffee shops in South Korea incurred losses amidst ongoing expansion: report
One out of 10 coffee shops in South Korea incurred losses amidst ongoing expansion: report
The market segment is expected to increase up to US$7.3b by 2023.
Goobne makes Australia debut with Sydney flagship site
The chain has more than 1,000 restaurants across Asia.
Jumbo Seafood opens second outlet in South Korea
This is the chain’s seventh franchised restaurant.
Fast casual chain The Habit Burger Grill eyes South Korea expansion
The move is part of larger plans to expand in the region.
Gong Cha secures investment from private equity firm TA Associates
The transaction is expected to close in early October.
JUMBO Seafood opens first outlet in South Korea
The opening brings their total restaurant network across Asia to 18.
Baskin-Robbins Korea removes controversial ad
The ice cream brand’s commercial that featured a child model was met with heavy criticism.
Paris Baguette eyes six more US stores
The move is part of its initiative to increase its US outlet count by 50% in 2019.
Ediya Coffee boosts R&D efforts: report
The company also decided to roast coffee in-store.
BonChon to open Mall of America location
The upcoming outlet is located on the third level of the mall.
Daesang to sell remaining stake in Ministop Korea to Japanese partner
The involved parties aim to complete the sale process within March.
Bonchon opens another US site
The new location is located in Seattle.
Unison Capital puts Gong Cha up for sale
The private equity firm is offering 100% of its stake.
Monthly rate of South Koreans dining out declines in 2018, survey says
The monthly average spending also went down by ₩11,000 (US$9.84).
Starbucks Korea recycles used coffee grounds as fertilizers
The coffee giant also just launched their paper straws initiative in the country. Starbucks Korea has turned 5,500 tonnes of used coffee grounds into fertilizers.
Domino's Pizza Korea launches delivery driver safety campaign
The move is driven by the increasing number of car accidents with their riders.
Starbucks Korea to trial paper straws
Wooden stirrers will also replace their plastic ones during the trial.
