New Market Study, "Cafes/Bars in South Korea", Has Been Published
The expansion of chained operators underpinned growth in total cafes/bars outlet numbers and current value sales in 2011, as independents showed declines in both respects. Growth in total outlet numbers was slower than in 2010, partly due to increasing saturation but also because the rate of decline in the number of independent outlets accelerated as competition from chains intensified. Conversely, growth in total current value sales was up on 2010, and significantly stronger than the review...
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