Inside Retail Asia breaking news, supplier information, product launches and consumer campaigns within the Korean retail sector.
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South Korea’s government has awarded two downtown Seoul duty free licences after a long tender process.
US chain Smoothie King is planning to open in seven new Asian markets.
Tech giants Samsung, Naver, Google are at war with their respective mobile payments technology.
The Beacons boom is changing the way consumers shop, study and interact with companies as they go about their day.
Samsung has launched a short, live beta test of its new Samsung Pay mobile payment service.
The outbreak of Middle East Respiratory Syndrome has caused a slump in South Korea retail sales.
As the world’s fourth largest economy emerges from depression, global retailers are again taking Japan seriously. Over almost the last decade, Japan has been overlooked as a first priority market for the expansion of fashion brands. But now it is back with a vengeance and retailers are flooding to the market to boost their presence there. Until last year the world’s second biggest luxury market, Japan has suffered in recent years from a stagnant economy, highly valued currency and one …
Drive-thru stores, which first appeared in South Korea some 20 years ago, are suddenly finding favour with time-pressed consumers in more than just the fast food sector. US fast food chain McDonald’s, which opened its first drive-thru store in Korea in 1992, says 187 of its stores – about half its network – feature drive-thru. “We’ve seen a rise in customers using drive-thru stores in suburban areas,” said a company official, adding that the fast food chain plans to raise the porti…
Korean bakery chain Paris Baguette is to open its second store in Paris, France.
Hollys Coffee, the Korean cafe chain with a distinctive Parisian decor, will open its first outlet in Vietnam on July 9. The flagship store will be located in Ho Chi Minh City and will be the first of three to be trading in Vietnam by the year’s end. Hollys Coffee’s local franchise partner is TNC Holdings, which recently won the local franchise rights for Cold Stone Creamery ice cream cafe chain. Director of franchising with TNC, Vercy Luu, told Inside Retail Asia the first two Cold Stone…
Online shopping has overtaken bricks and mortar retail as the most popular method of purchase in Taiwan, China, India and Korea.
South Korean cosmetic brand Tonymoly has 1800 stores in 20 countries. Now it has launched Tonymoly China.