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South Korea's cafe boom nears saturation point

Market is getting very crowded; smaller players suffer as convenience stores cut prices

Published Tue, Apr 5, 2016 · 09:50 PM

    DeeperDive is a beta AI feature. Refer to full articles for the facts.

    Seoul

    SOUTH Korea's coffee shop craze is frothing over.

    In fashionable retail and commercial districts of southern Seoul, nearly one in every two buildings boasts a coffee shop - evidence of a boom that has delivered dizzying growth for the likes of Starbucks and local chains.

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