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News
Food and Labor Costs Eat Up 71.6% of Korean Restaurant Sales
7+ hour, 9+ min ago (248+ words) Restaurants in South Korea are keeping less of what they earn, with food and labor costs exceeding 70% of sales for the first time last year. Costs are climbing faster than revenue, squeezing already thin margins across the industry. Food Costs…...
Bottle Bunker Offers 400 Chuseok Gift Sets, From Rare Wines to Engraved Whisky
22+ hour, 33+ min ago (158+ words) Lineup Built Around Scarcity and Personalization Bottle Bunker, the liquor specialty chain run by Lotte Mart, said on the 13th that it will offer about 400 Chuseok gift sets this year, including rare wines, engraved whisky and sake. Among the premium wines,…...
Retailers Widen Chuseok Gift Lineups With Aged Beef, Premium Liquor
1+ day, 7+ hour ago (302+ words) Seoul Economic Daily South Korea's retail and liquor industries are expanding their gift set lineups ahead of Chuseok, the autumn harvest holiday Alongside traditional holiday staples such as Korean beef and fermented soybean pastes, they are adding products differentiated by…...
Nongshim Turns Suwon Fried Chicken Into a Snack With Olive Young Tie-Up
1+ day, 5+ hour ago (258+ words) Sweet-and-Spicy Flavor Reimagines Suwon Fried Chicken as a Crisp Snack "Impossible to Stop," "I Want to Stock Up by the Box," Testers Say Reporters from the Seoul Economic Daily's consumer industry desk buy the hottest new products from retailers and…...
Lotte Hotel Chef Named Korea's Top Culinary Master
4+ day, 7+ hour ago (260+ words) Seoul Economic Daily Lotte Hotels & Resorts said on the 10th that Kim Se-han, a chef in the culinary team at The Grand Lotte Seoul, was named one of the 18th Korea Master Craftsmen, an honor awarded by the Ministry of Employment and…...
Samsung Welstory Wins YouTube Silver Button, First in Catering Industry
4+ day, 3+ hour ago (204+ words) The company posts corporate content introducing its jobs and organizational culture, along with food-related content drawn from its institutional catering and food ingredient distribution businesses. The channel's recent growth has been driven by "Alpha Man Fabri," a series launched this…...
Pizza Rice Cake Draws Lines Across Korea's Traditional Markets
4+ day, 7+ hour ago (280+ words) It is nothing more than a plain steamed rice cake topped with tomato sauce and cheese, yet lines form before the shops open. Shoppers in their 20s rush in after seeing it on social media, while those in their 50s come because…...
Is 'Dakdoritang' Really a Japanese Loanword? A Scholar Says No
4+ day, 20+ hour ago (294+ words) Seoul Economic Daily Dakdoritang, a spicy braised chicken dish, is widely believed to carry a remnant of Japanese in its name The reason is that "tori" means "bird" in Japanese Some food scholars have proposed replacing dakdoritang with "dakbokkeumtang," on…...
Korea Scraps Weekly Discount Cap on Chuseok Food, Extends Program
5+ day, 3+ hour ago (385+ words) ■Supplementary Chuseok Price Stabilization Measures Additional 90 Billion Won for Discount Support 2,000 More Tons of Stockpiled Seafood Released 4,765 Processed Food Items Discounted Joint Inspections of Price Gouging From the 14th to the 22nd The measures were announced on the 9th at a meeting of…...
Paik's Coffee Signs Taiwan Franchise Deal, Targets 150 Stores
6+ day, 7+ hour ago (190+ words) Global Push Follows Japan Entry Paik's Coffee, the coffee chain run by South Korea's TheBornKorea, is entering Taiwan. TheBornKorea said on the 8th that it had signed a master franchise agreement to bring Paik's Coffee to Taiwan. Paik Jong-won, the company's…...