BHC Chicken is raising prices by an average of 7.8 percent.
Fast food is becoming expensive food as inflation hits even the cheapest of options.
Even chickens are inflationary these days. Kyochon F&B, Korea’s largest fried chicken chain, announced Thursday it will increase the prices of its chicken products by an average 8.1 percent, the first rise in seven years.
Fast-food joints are struggling to get their hands on fries and other potato-based chow due to pandemic-related shipping delays.
Kwak Bo-mi picked up her first-ever KLPGA Tour victory on Sunday at the Kyochon Honey Ladies Open at the Island Country Club in Ansan, Gyeonggi. This is the first KLPGA victory for the 30-year-old golfer since her debut in 2010.
A two-table fried chicken shop in Gumi, North Gyeongsang, in 1991, Kyochon started trading as a Kospi stock Thursday with a grand plan for global expansion.
Korea’s largest fried chicken chain closed its initial public offering (IPO) subscriptions Wednesday, taking it one step closer to being the first restaurant franchise to be listed on the Korea Exchange as a Kospi stock.
Kyochon F&B hopes to use chimaek — the beloved Korean combination of fried chicken and beer — as a springboard to global success, opening more stores overseas and adding products to its domestic portfolio, including its own beer.
Kyochon F&B may become the first restaurant franchise in Korea to be traded on the Kospi after passing the preliminary screening for an initial public offering (IPO), the company announced Friday.