Tag: beverage

beverage

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Visitors enjoy fried chicken and beer at the 2025 Daegu Chimac Festival in Daegu on July 9, 2025. [NEWS1]

Trouble brews for beer, liquor makers as spending on alcohol slides 9% in Q1

As younger consumers cut back on drinking and workplace gatherings become increasingly alcohol-free, household spending on alcoholic beverages has fallen at the fastest pace on record, putting pressure on liquor makers to adapt.

2026.6.3

Rows of cup bingsu (shaved ice), a seasonal summer menu at Mega MGC Coffee [MEGA MGC COFFEE]

Retailers try to beat early summer heat with 'cool marketing' for seasonal items

Summer came early to Korea — and so did the seasonal summer items.

2026.5.17

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Sweet milk coffee, a new menu item at Starbucks [STARBUCKS KOREA]

Decaf or not decaf? Gov't to change coffee regulations starting in 2028.

Your decaf coffee may not be as caffeine-free as you think — but that will change soon under stricter new labeling standards announced Tuesday.

2026.5.12

Sweet Milk Coffee, a new menu from Starbucks [STARBUCKS KOREA]

F&B industry rolls out healthier options as young consumers sour on sugar, alcohol and caffeine

Sugar, alcohol and caffeine are falling out of favor with younger consumers, and the food and beverage industry is racing to keep up.

2026.4.13

Visitors flood Seoulland, a theme park in Gwacheon, Gyeonggi, on March 14, 2021. [YONHAP]

April Fools’ Day deals are no joke — free drinks, half-price burgers and quirky bites

This year, companies are introducing a series of limited-edition, creative seasonal products to attract fun-loving consumers, or “fun-sumers.”

2026.4.1

Smoothie King store in Korea [SHINSEGAE FOOD]

Smoothie King's reign in Korea coming to an end next year

Beverage chain Smoothie King is set to leave Korea as revenue has consistently posted a decline, operator Shinsegae Food informed franchisees.

2024.9.23

Online shipping in Korea increases by 9.1 percent in July from a year earlier, data showed Monday. [YONHAP]

E-commerce sales soar 9.1 percent as more people travel

Online shopping in Korea increased 9.1 percent in July from a year earlier, data showed Monday, as the demand for travel services continues to recover to pre-pandemic levels.

2023.9.4

A customer selects an ice cream at a convenience store in Seoul on Sunday. Manufacturers are raising their wholesale prices due to the increase in raw material costs, prompting CU, GS25, 7-Eleven, and Emart24 to announce up to a 25 percent price increase on selected beverages, ice creams, coffee, snacks, and canned goods starting from July. [NEWS1]

Ice creams and snacks set for price increases of up to 25%

Convenience stores are raising prices for ice cream and beverages by double digits starting next month, following consecutive increases in their wholesale prices.

2023.6.26

A customer picks up a soju pack at a discount store in Seoul on Tuesday. [NEWS1]

No plans to raise prices, Korean beer and booze companies say

Several spirit and beverage companies announced that they have no plans to raise prices amid government scrutiny suggesting the industry could be targeted by anti-inflation measures.

2023.2.28

In Ader Error's new store, each changing room has unexpected surprises. In the photo, a changing room is a noraebang singing room. [ADER ERROR]

Experiential retail: brick and mortar and the bizarre

Experiential retail is the one of the latest marketing tools being used to attract the young to shops, the most bizarre of gimmicks being rolled out to get people through the door and to get them to post a picture of what they have found.

2021.4.8