This article was posted in 2003. In 6 years, many things have been changed around the world and especially Korea is changing in very fast pace. Now, in 2009, fast-foodindustries are doing very good. Existing fast food firms targeted wide range of people and they made various menu. They considered of target markets’ concerns such as health, lifestyle, age, preferences and etc. If somebody want
food restaurant. Recently they have 15 stores and revealed TV drama “man who can’t marriage”
3. Characters of Bulgogibrothers
1) Standardization, popularization, industrialization of Korean food
Korean food is often cooked chef’s guess. So, market expending is very difficult. Because each store has different chef and food taste will be different. Bulgogibrothers is introduction fra
Industrial Company (Now Nong Shim)
1969 SAMYANG Exported Ramyung to Vietnam
1983 ‘Paldo Ramyun’ by Korea Yakult Co. Ltd.
1986 Binggrae Joined the Ramyun Industry
1989 Beef Tallow Crisis
2004 Ramyun Makes Up 75% of the Whole Domestic Noodle Market
(*Market Size = $1.7080 Billion)
SAMYANG FOOD
Established on September 15th, 1963
Sales Record of 2.4 Million Bags in 1966 & 15 M
Ⅰ.INTRODUCTION
ⅰ.About whole foods market
Whole Foods Market is a foods supermarket chain based in Austin, Texas which emphasizes "natural" and organic products. It is classified as grocery store and health food store. Founded in 1980 as one small store in Austin, Texas, Whole Foods Market is now the world's leading retailer of natural and organic foods. The company operates 302 store
-Foods supermarket chain
-Based in Austin, Texas
-“Natural” and Organic products
-Grocery store and health food store
-Operates 302 stores.
중략
Strengths
-Attempts to make grocery shopping an exotic experience
-Fast inventory turnover rate
-Large selection of privately labeled products.
-Merchandise is priced a bit lower than Whole Foods’
Weakness
-Limited store si
food prices. US dollars encourage grain speculationAs short-term direct policy, it needs bestowing a favor on the tax system. It is necessary to improve our own agricultural system in long-term direct policy. In indirect policy mechanism; (1) Step down import barriers, (2) Introduce future market,(3) Investing and supporting foreign agriculture industry, (4) Emphasizing our opinion on food securi
Restaurant industry
Dictionary's definition of restaurant
It is generally called to eating house. But although it serves food, it must have a form of corporation . (An encyclopedia)
Restaurant’s meaning is to serve western food (A Korean language dictionary )
Restaurant industry
Main restaurant’s profit
The keynote of restaurant (on the manager side)
(1)menu/prod
In 1978in Austin, Safer Way first health food store,
Mackey built Whole Foods into a national organization, with outlets in major markets across the country. Along the way he bought out smaller competitors.
2007 Whole Foods took over a major natural foods supermarket competitor, Wild Oats Markets, Inc.
Financial Perspective:
From 1991 to 2005,WFM’s net income rose at a compound aver
The Korean Fast-Food industry
There is tremendous growth in the Korean fast food industry which was help by the development of the Korean Economy. However due to the Asian financial crisis of 1997 the industry was also badly hit with revenues declining by 25%. It wasn't until two years later that the industry slowly started recovering again.
Korean fast food market scale is about one point 3 t
food restaurant considerably associates with the determinant of obesity
Based on 2010, domestic fast food restaurants of Lotteria, McDonalds, Burger King, and KFC, respectively marked annual sales revenue of 10%. The factors that led to a success were that the industries applied providing low price with high quality food. McDonalds applied a lunch set menus that costs 3,000 Won and Burger King