South Korea
Starbucks Korea opens first subway store in Seoul
It does not have plans to expand to more underground locations.
Starbucks Korea opens first subway store in Seoul
It does not have plans to expand to more underground locations.
South Korea’s retail sales grow 10.6% YoY in April
Online and offline retailers posted 11%, and 10.2% growth, respectively.
South Korean retailers expand entertainment space on-site
A Lotte Mart outlet opened a futsal court, whilst a Homeplus store built a swimming pool.
Starbucks Korea vows to recycle all coffee grounds by 2027
Coffee grounds were reclassified as recirculation resources last March.
South Korea’s convenience stores ramp up liquor store openings
CU’s liquor stores enjoy higher alcohol sales than its other stores.
South Korean retailers expectations high as restrictions ease
But there are concerns lifting of social distancing rules could hit large discount stores.
South Korea-based CU opens 200th outlet in Mongolia
The convenience store chain made forays in the market four years ago.
South Korea’s top retailers jump to wine and whisky markets
Lotte and Shinsegae have expressed plans to set up whisky breweries.
Eland Retail fined $3.33m by South Korean regulator
The regulator said the company gave undue financial support to its parent company.
Apple to open largest store in South Korea on 9 April
Visits on the opening day of Apple Myeongdong will be by appointment only.
South Korea relaxes business hour restrictions on restaurants, cafes
The government plans to revamp restrictions further if the situation remains stable.
South Korea relaxes business hour restrictions on restaurants, cafes
The government plans to revamp restrictions further if the situation remains stable.
South Korea retail sales climbs 4.7% in February
Online sales during the month offset the decline seen in offline sales.
Korea Seven’s takeover of Ministop Korea clinches regulator approval
The approval is expected by the regulator to spur three-way competition in the market.
Una Brands, KlickBrands commit US$100m to South Korea’s e-commerce market
This could benefit profitable e-commerce brands in health, K-beauty, baby, and pets amongst others.
South Korea retail sales show sign of recovery: report
Fitch noted the country posted growth as high as its pre-pandemic levels.
South Korea household spending to rise by 3.4% in 2022
Consumer spending will exceed pre-pandemic levels, according to Fitch Solutions.
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Suntory Taiwan takes home win at FMCG Asia Awards 2024
![Suntory Taiwan takes home win at FMCG Asia Awards 2024]()
Co-Written / Partner
The ageing of its Kakubin brand brought the need for repositioning and premiumisation.
The ageing of its Kakubin brand brought the need for repositioning and premiumisation.
