market saturation

South Korean Franchise Industry Faces Growing Revenue Gap Between Headquarters and Store Owners

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South Korean Franchise Industry Faces Growing Revenue Gap Between Headquarters and Store Owners Concerning Trends in Franchise Performance The South Korean franchise industry is experiencing a significant disparity in revenue growth between headquarters and individual store owners. Recent data reveals that while franchise headquarters have seen substantial growth, individual outlet owners are struggling with declining … Read more

Why Global Brands Struggle in Korea’s Competitive Market

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The Closure of a Canadian Coffee Shop in Incheon A Canadian coffee brand recently closed its Cheongna location in Incheon, marking its first directly operated store closure since entering Korea just over a year ago. Industry experts cite declining profitability and fierce competition in Korea’s saturated coffee market as key reasons for this decision. 최근 … Read more