Industry | Restaurant |
---|---|
Founded | 1997South Korea | in
Headquarters | , South Korea |
Number of locations | 112 stores (2015) |
Website |
ivips |
VIPS is a restaurant chain in South Korea owned by the CJ Foodville of CJ Group.
The first store was opened in 1997 in Deungchon, Seoul.[ citation needed]
As of 2015, the chain had 112 branches in South Korea. [1] The number of stores, however, decreased sharply in the next few years. It decreased to 61 in 2018 and 45 in December 2019. [2] [3] VIPS recognized the crisis, and attempted various changes for sales growth through changing the store concepts and interior relevant to the targets that live near the store. [4]
In 2015 CJ Foodville announced a plan to set up some 100 restaurants in China by 2017. [5]
Industry | Restaurant |
---|---|
Founded | 1997South Korea | in
Headquarters | , South Korea |
Number of locations | 112 stores (2015) |
Website |
ivips |
VIPS is a restaurant chain in South Korea owned by the CJ Foodville of CJ Group.
The first store was opened in 1997 in Deungchon, Seoul.[ citation needed]
As of 2015, the chain had 112 branches in South Korea. [1] The number of stores, however, decreased sharply in the next few years. It decreased to 61 in 2018 and 45 in December 2019. [2] [3] VIPS recognized the crisis, and attempted various changes for sales growth through changing the store concepts and interior relevant to the targets that live near the store. [4]
In 2015 CJ Foodville announced a plan to set up some 100 restaurants in China by 2017. [5]