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[THE INVESTOR] Starbucks Korea recently issued commercial papers worth 30 billion won (US$28.07 million), possibly to further speed up its domestic expansion, according to news reports on Feb. 19. ...
[THE INVESTOR] While Korea has a highly active baby care market with a range of high-quality products, it also suffers from one of the world’s lowest birthrates. Korea was ranked 219th among 22...
[THE INVESTOR] Sales of imported beer at Korean convenience stores have risen sharply, store operators on Feb. 18, as more consumers opt for variety and a growing number of people drink at home. ...
[THE INVESTOR] Korea’s domestic coffee market exceeded 10 trillion won in 2017 for the first time ever as demand for the brew continues to rise, market data showed on Feb. 18. According to t...
[THE INVESTOR] A Seoul court’s verdict that put Lotte Chairman Shin Dong-bin behind bars has put the retail giant in disarray, reigniting a succession battle between Shin and his older brother, Shin...
[THE INVESTOR] Lotte Duty Free is estimated to have posted a net profit of 500 million won (US$463,649.85) in Vietnam last year, the first at its overseas outlets, according to news reports on Feb. ...
[THE INVESTOR] The Farmers, operator of popular grocery delivery service Market Kurly, is seeking to attract additional funding worth 20 billion won (US$18.46 million) ahead of its planned stock deb...
[THE INVESTOR] Korean retail giant Lotte Group was thrown into disarray on Feb. 13 as a Seoul court sentenced its chairman to 30 months in prison for bribery. The sentence handed down to Shin Dong-...
[THE INVESTOR] Lotte Group said on Feb. 12 it will use a new artificial intelligence technology-based hiring system from this year’s annual recruitment that starts in March. The new system, co-deve...
[THE INVESTOR] Hotel Lotte’s duty-free business unit Lotte Duty Free on Feb. 12 confirmed its planned bid to operate outlets at Taiwan’s Taoyuan International Airport. “We are currently gauging the...
[THE INVESTOR] Sales at department stores in South Korea fell by 2.1 percent last year from 2016 partly due to the rising popularity of online shopping, data from Statistics Korea showed on Feb. 9. ...
[THE INVESTOR] Cass has long been a household name in Korea -- even to those who do not imbibe. Korea’s No. 1 beer maker Oriental Brewery has been around for over 80 years, but it has only recently...
[THE INVESTOR] GS Retail changed the brand name of its health and beauty shop Watsons to “lalavla” on Feb. 6 to attract more younger customers. “We changed our name to establish a brand image that’...
[THE INVESTOR] Until recently, the only cosmetic products customers could find at convenience stores were miniature skin care products -- typically packaged in travel kits. Major convenience store ...
[THE INVESTOR] Lotte Duty Free might lose its right to run its duty-free business at Guam International Airport after global leading duty-free store operator DFS won a lawsuit against the Guam Inter...
IBK buys second Indonesian bank
SsangYong Motor’s Rexton Sports output to rise by 10,000 units
GM must stay in Korea for at least 10 years: KDB
Focus on root of all problems: Samsung’s Lee Jae-yong
LG set to acquire automotive light maker ZKW for W1.6tr
Mexican food chain On The Border looking for new owner
GM Korea union losing ground following due diligence
Past comes back to haunt Korean Air’s Cho family
April 26, 2018
