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KOREA FRANCHISE
NEWS ARCHIVE |
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Krispy Kreme Expands Its Presence In South Korea.
businesswire.com - Krispy Kreme advances its presence in Asia Pacific with the planned opening of its 100th store in Korea. ... [more] 12 Dec, 2014
Cupcake chain heads for Korea.
insideretail.asia - America’s largest cupcake and baked goods chain is to make its first overseas foray – into Korea. Gigi’s Cupcakes has signed a master franchise agreement to develop 100 locations in South Korea... [more] 25 Nov, 2014
Gigi’s Cupcakes Signs 100-Unit Franchise Agreement in South Korea.
businesswire.com - Gigi’s Cupcakes, America’s largest cupcake and specialty baked goods franchise, has signed a master franchise agreement to develop 100 locations in South Korea in coming years. ... [more] 20 Nov, 2014
Starbucks opens 1st 'community store' in Korea.
koreatimes.co.kr - Starbucks Coffee Korea, the Korean unit of the Seattle-based global coffee franchise, opened its first ''community store'' in Korea Wednesday, as part of its corporate social responsibility (CSR) campaign... [more] 1 Oct 2014
Pie Face signs on Asian expansion.
insideretail.asia - Pie Face has signed agreements, led by global CEO, Wayne Homschek, that will see the opening of 100 stores in South Korea, and 40 in the Philippines, with the first stores expected to open in... [more] 1 Oct 2014
Caffe Bene Sued for Unfair Franchise Practice.
koreabizwire.com - Caffe Bene, Korea’s largest specialty coffee shop franchise, is sued by the Korean Fair Trade Committee for unfair trading practices including passing promotional cost on to café owners and limiting rights... [more] 6 Aug 2014
Caffe Bene strives for stronger foothold in U.S.
koreaherald.com - Caffe Bene is striving to gain a firm foothold in the U.S. market, hoping to become a bigger presence there within the next three years, Kim Sun-kwon, the chief executive of the South Korean coffee franchise... [more] 17 Jul, 2014
Burger King to boost franchise business.
koreatimes.co.kr - The Korean affiliate of Burger King is actively expanding its franchise business here with a view to taking the No.1 position in the fast food industry. ... [more] 4 Nov, 2013
S Korea Adopts Strong Relationship Law Protecting Franchisees.
bluemaumau.org - While franchisees in the United States struggle to get new legislation passed, the South Korean government took it upon itself to protect its franchise owners with a new law. ... [more] 18 Oct, 2013
Krispy Kreme Plans Continued Expansion in Asia Pacific.
krispykreme.com - Krispy Kreme Doughnut Corporation continues to expand in the Asia Pacific region with the announcement today that it has reached an agreement for 60 new Krispy Kreme franchise locations in South Korea... [more] 23 Jul, 2013
Toni & Guy eyes 30 Korean salons this year.
yahoo.com - When Kim Dae-sik was tapping British brands to bring to Korea in the early 1990s, not many were interested. It wasn't until about 10 years later when U.K. labels such as Lush started launching here. ... [more] 4 Jun, 2013
Korea's largest coffee franchise blames first job cuts on new regulations.
yahoo.com - Caffe Bene, South Korea's largest coffee shop franchise, has started cutting jobs and executive salaries, blaming regulations against expansion of its bakery and restaurant chains. ... [more] 26 Mar, 2013
Johnny Rockets invading South Korea.
fastcasual.com - Shinsegae Food Co. LTD finished 2012 strongly, opening its seventh Johnny Rockets restaurant in 22 months and naming Sung-Hwan Kim as its CEO. ... [more] 18 Jan, 2013
S. Korea's franchise industry expects tough times in H2.
yonhapnews.co.kr - South Korea's franchise industry is bracing for tough times in the second half of this year mainly due to a slowdown in economic growth, a corporate poll showed Sunday. ... [more] 8 Jul, 2012
Fatburger expands into Seoul.
fastcasual.com - Fog Cutter Capital Group Inc.'s Fatburger restaurant chain has opened its first location in Seoul, Korea. ... [more] 5 Dec, 2011
Jollibee sells Korean coffee and gelato franchise.
bworldonline.com - Homegrown fastfood giant Jollibee Foods Corp. will be selling its franchise over the Korean coffee and gelato brand Caffe Ti-Amo for P20 million in cash, a disclosure to the local bourse yesterday said. ... [more] 22 Nov, 2011
Local franchise chains enjoy royalty sales abroad.
koreaherald.com - Tous les Jours on Thursday signed a royalty deal with CBM Corporation Co., a Cambodia-based franchise company, to allow its brand name to be used in the Southeast Asian country. ... [more] 23 Oct, 2011
Korean restaurant chains seek success abroad.
asianewsnet.net - The first overseas store of Bulgogi Brothers, a local franchise specializing in Korean barbeque, opened Thursday within a hip shopping mall in Makati, the financial hub of the Philippines. ... [more] 10 Sep, 2011
South Korea's Yogurberry to enter India.
business-standard.com - Global frozen yogurt major Yogurberry today said it would foray into India within the next three months and plans to open over 100 outlets across the country over the next five years. ... [more] 21 Aug, 2011
Coca-Cola, KFC may enter North Korea.
straitstimes.com - Coca-Cola and Kentucky Fried Chicken (KFC) have recently agreed with North Korean officials to open branches in Pyongyang, according to news reports. ... [more] 14 Jul, 2011
Destination Maternity Expands International Reach With South Korean Franchise.
prnewswire.com - Destination Maternity Corporation today announced its planned expansion into South Korea through an international franchise agreement with Agabang & Company... [more] 29 Jun, 2011
Johnny Rockets opens first restaurant in South Korea.
ocmetro.com - Aliso Viejo-based Johnny Rockets has begun its expansion into the Korean market, capitalizing on the continued popularity of hamburgers. ... [more] 28 Feb, 2011
Jamba Juice Opens Store in South Korea.
qsrmagazine.com - Jamba Juice and the SPC Group, a food-specialty company operating more than 4,500 stores, announced the grand opening of their first international Jamba Juice location in South Korea. ... [more] 31 Jan, 2011
McDonald's in Aggressive Push for More Outlets in Korea.
chosun.com - The fast-food chain McDonald's will shift to a more aggressive expansion strategy by increasing the number of franchisee contractors in Korea. ... [more] 18 Jan, 2011
Seoul plays host to franchise meet.
joongangdaily.joins.com - Prime Minister Kim Hwang-sik in his welcoming address at the 2010 World Franchise Meeting in Seoul yesterday emphasized the growing role of the franchise business. ... [more] 15 Oct, 2010
California Pizza Kitchen Continues Expansion in South Korea.
ddionline.com - Los Angeles-based California Pizza Kitchen Inc. has opened its fourth location in South Korea. The new restaurant, opened by franchise partner Handuck Development, is located in Seoul... [more] 23 Aug, 2010
Jamba Juice to Open 200 Stores in South Korea.
finance.yahoo.com - Jamba, Inc today announced that the Company has signed a master development agreement with Paris Croissant to develop 200 Jamba Juice locations in South Korea over the next 10 years. ... [more] 7 Jun, 2010
Chocolateria San Churro opens Korean outlet.
franchise.net.au - Melbourne-based food franchise Chocolateria San Churro has stepped into the international scene with a store in Seoul, South Korea, just four years after the company opened the doors to its first outlet in... [more] 7 Apr, 2010
Tully's Coffee Plans 100 Locations in South Korea.
chainleader.com - Tully's Coffee International & DK Retail Co. Ltd. enter into master licensing ageement to develop South Korean marketplace, planning 100 new locations by 2015. ... [more] 25 Feb, 2010
Home Instead Senior Care Expands into Finland, South Korea and Austria. Home Instead Senior Care, the world's largest provider of home care services for seniors, has expanded into Finland, South Korea and Austria. .... [more]
7 Nov, 2008
California Pizza Kitchen Opens Third Location in South Korea. California Pizza Kitchen, Inc., home of the Original BBQ Chicken Pizza and other innovative hearth-baked pizzas, made-to-order pastas, creative salads, appetizers, soups, sandwiches and desserts, opened its third location in South Korea today. .... [more]
31 Jul, 2008
California PIZZA KITCHEN Opens Second Location In South Korea. California Pizza Kitchen, Inc., home of the Original BBQ Chicken Pizza and other innovative hearth-baked pizzas, made-to-order pastas, creative salads, appetizers, soups, sandwiches and desserts, opened its second location in South Korea today. .... [more]
30 Apr, 2008
S. Korean Chicken Franchisor Steps Up U.S. Presence. South Korea's chicken delivery chain operator Genesis Corp. has set up a branch in New York, stepping up its efforts to tap into the U.S. market. .... [more]
3 Apr, 2008
Korean Beef Franchise To Open First Restaurant In China. A Korean beef franchise said Tuesday it would open its first store in the Chinese capital of Beijing to expand its overseas business. .... [more]
2 Apr, 2008
Shoebox New York Expands to South Korea. Shoebox New York (Shoebox), a top women's multi-brand retailer for luxury footwear, handbags and accessories, and its parent company NexCen Brands, Inc. announced the signing of a master franchise agreement in South Korea. .... [more]
22 Feb, 2008
California Pizza Kitchen Expands into South Korea. California Pizza Kitchen, Inc. opened its first location in South Korea today. The new restaurant, opened by CPK franchise partner Iris Co. Ltd., is located in the financial district of Seoul, south of the Han River. .... [more]
9 Nov, 2007
Fried Chicken Shop to Debut in NKorea. A South Korean businessman plans to begin a fried chicken delivery service in North Korea, believed to be the first foreign-run restaurant in a country that struggles to feed its own people. .... [more]
2 Nov, 2007
Franchisees Collecting Monthly Dividends. With more and more people showing interest in franchise businesses, franchisers have come up with a brand-new type of franchise business – the “investor-franchisee program.” The program is helpful for those who have no business background. .... [more]
11 Jun, 2007
Kingfisher to shut Korean B&Q stores. Kingfisher is to close its B&Q stores in South Korea and withdraw from the country in a rare setback for its strongly-performing Asian division. .... [more]
8 May, 2007
California Pizza Goes Into Mexico, Korea. California Pizza signs deal to open new restaurants in Mexico, South Korea, and more airports .... [more]
15 Feb, 2007
Hooters Opens In Kona And Korea. From the gorgeous island of Hawaii to the bustling capitol of Korea, Hooters continues to bring its world famous wings and atmosphere to new places around the globe. .... [more]
16 Jan, 2007
Hooters to open in SKorea, but waitresses will cover up. US restaurant chain Hooters will make its debut in conservative South Korea next month but its trademark sexy waitresses will dress in a less revealing way, the company said. .... [more]
21 Dec, 2006
Caribou Coffee to Open in South Korea. Coffee chain Caribou Coffee Co. on Wednesday said it will open at least 25 coffee shops in South Korea over the next five years through a licensing agreement with E&Z Coffee Co. .... [more]
13 Dec, 2006
S. Korea's Lotte Shopping eyes India entry. Lotte Shopping Co. , South Korea's top retailer, is planning to enter India, the Economic Times daily reported on Tuesday. .... [more]
5 Dec, 2006
Bennigan's Celebrates 50th International Location. Bennigan's Grill and Tavern celebrated the opening of its 50th international restaurant last week with a new location in Seoul, South Korea. The milestone also marks Bennigan's 30th franchise in the foreign country. .... [more]
5 Oct, 2006
T.G.I. Friday's® Debuts 50th Restaurant in South Korea. T.G.I. Friday’s® restaurants announced the recent opening of the 50th T.G.I. Friday’s restaurant located in South Korea by FoodStar, Inc., a licensed T.G.I. Friday’s franchisee. .... [more]
6 Sep, 2006
US Ice Cream Chain To Debut In South Korea. Cold Stone Creamery, a U.S. ice cream chain, would launch its first
South Korean store in central Seoul this week, restaurant operator
CJ Foodville Corp. said Thursday. .... [more]
13 Jul, 2006
Papa John's Opens 50th Restaurant in South Korea. Continuing its rapid expansion in Asia, Papa John's International,
Inc. today announced the opening of the 50th Papa John's restaurant
in South Korea. .... [more]
21 Jun, 2006
Bally Total Fitness Opens Fourth Franchise. Bally Total Fitness has opened a new franchise in Seoul, Korea. The
club marks the fourth fitness center operated by Bally franchisees
in Seoul. .... [more]
1 May, 2006
Papa John's Grows in Asia With 40TH Restaurant
Opening. Papa John's International continues its explosive
growth oversees with the opening of its 40th restaurant in Seoul,
South Korea and its 20th restaurant in Shanghai, China. .... [more]
31 Jan, 2006
Cold Stone Creamery Signs Korea Master Franchise Agreement
with CJ Foodville. Cold Stone Creamery, the fastest growing
ice cream concept in the United States, has announced its first master
franchise agreement with CJ Foodville. .... [more]
20 Jan, 2006
Bally Total Fitness Opens New Franchise in Seoul, Korea. Bally Total Fitness, the nation's leader in health and fitness, today
announced the opening of a new franchise facility in Seoul, Korea.
.... [more]
18 Jan, 2006
Outback's Seoul mate. The Tampa restaurant chain
flourishes in South Korea even as it stumbles in some other foreign
markets. The question is why. .... [more]
25 Sep, 2005
Genesis Aims to Replace McDonalds as Top Franchise. "Genesis will overtake McDonalds and grow into the worlds
biggest franchise restaurant group with 50,000 outlets worldwide by
2020," said Yoon Hong-geun, chairman of Genesis, South Koreas
largest fast-food franchise operator. .... [more]
19 Sep, 2005
Internet Cafes Go Global. South Koreas
unique culture of Internet cafes, called "PC Bang," will
be exported to neighboring regions by ValueSpace, which owns the countrys
top PC Bang franchise CyberPark. .... [more]
11 Sep, 2005
Start-ups Prefer Eatery Franchises. Those wanting
to start their own business mostly opt for a restaurant franchise,
according to World Expo, a local exhibition organizer, Tuesday. ....
[more]
30 Aug, 2005
KOREA / CHINA - CJ Launches Eatery Franchise in China. South Korea's biggest foodstuff maker, CJ Corp., is set to leap into
the Chinese franchise restaurant market. .... [more]
17 Aug, 2005
Korean Bakery Has Big Plans for China. Korean bakery
Paris Baguette is expanding its presence in China as the first Korean
bakery company to enter the world's most populous country. .... [more]
26 May, 2005
South Korean group named Papa John's intl. franchisee
of the year. Papa John's has named PJI Korea its International
Franchise Operator for 2004. .... [more]
11 May, 2005
Krispy Kreme sweetens Asian market in Korea. Krispy Kreme, the second-ranked U.S. doughnut chain, opened its first
store in Korea this month to challenge the virtual monopoly of Dunkin'
Donuts and to establish a foothold into Asia. .... [more]
24 Dec, 2004
Krispy Kreme to open in Seoul today. The U.S.
doughnut maker Krispy Kreme is scheduled to open its first store in
Korea today in the Seoul entertainment district of Shinchon. ....
[more]
16 Dec, 2004
Captain D's opens in South Korea. Captain
D's Seafood has opened a restaurant in Osan, South Korea, marking
the Nashville-based company's second international location. ....
[more]
23 Nov, 2004
Krispy Kreme lands in Korea. A flashing red
beacon signifying a sweet sensation will soon capture the attention
of passers-by in the hip entertainment district of Shinchon in Seoul.
.... [more]
10 Nov, 2004
SK food, eatery franchises grow in Japan, China. South Korea's food and restaurant franchisers were increasing their
efforts to expand into overseas markets as part of their efforts to
grow, despite flagging sales at home. .... [more]
24 Sep, 2004
Yookban Seeks to Become 1st Home-Grown Global Food Chain. As early as next year, SunAFood, one of the major local food service
franchise companies, will tap the overseas market as it plans to open
a chain in either Japan or the United States. .... [more]
15 Aug, 2004
Franchise developer replicates 'magic formula'. From beauty salons and Italian fusion food restaurants to oriental
medicine clinics, there's no link - and that's fine with Jeong Hae-jin,
chief executive officer of Licom International Co. Ltd. .... [more]
6 Aug, 2004
Coverall Cleaning Concepts Continues to Expand Overseas. Coverall Cleaning Concepts announced today the opening of a new master
regional support center in Seoul, Korea. .... [more]
1 Jul, 2004
KOREA / JAPAN - Build-a-Bear Workshop Teddy Bears Go
Global. Build-A-Bear Workshop announced today that it just opened new
stores in Korea on February 13 and Japan on February 14. .... [more]
18 Feb, 2004
Pizza Hut opens 300th restaurant. Yum Brands Inc. international division has opened its 300th Pizza Hut restaurant
in South Korea. .... [more]
16 Jan, 2004
Japanese food outlets ready to invade South
Korea. Upstart Japanese restaurant chains are moving into the fast growing
South Korean market, banking on the increasing popularity of Japanese culture
among the country's youth. .... [more]
27 Jul, 2003
Papa John's sets up shop in South Korea. Papa John's International marked its entry into Asia yesterday with the opening
of two franchised outlets in the South Korean capital. .... [more]
22 Jul, 2003
Smoothie King opens franchise in South Korea. Smoothie King Franchises Inc., the Kenner-based operator of fruit drink shops,
has opened its first overseas store in the center of Seoul, South Korea. ....
[more]
8 Jun, 2003
Japan's Ministop boosts Korean stake. Listed Japanese convenience store operator Ministop Co. said it had agreed to
take control of South Korea Daesang Distribution and Service Co. as part of a
strategy of doubling its stake in the fast-growing Korean retail sector. ....
[more]
21 May, 2003
Bally Total Fitness To Provide South Korea
With Home Fitness Solutions. To meet the rapidly-growing health and fitness
needs of South Korean consumers, Bally Total Fitness Holding Corporation announced
today that it has signed agreements with Johnson Health Tech Co., Ltd. and local
Korean company, AFIT Co., Ltd. as part of its continued expansion into the South
Korean market. .... [more]
24 Jan, 2003
S.Korea petrol stations to stay loyal to
suppliers. South Korean petrol station operators are free to buy oil products
from more than one supplier next month, but analysts expect many to stay loyal
to specific refiners due to strong financial ties. .... 30 Aug, 2001
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