Legality of Cannabis by U.S. Jurisdiction

VIPS
IndustryRestaurant
Founded1997 (1997) in South Korea
Headquarters,
South Korea
Number of locations
112 stores (2015)
Websiteivips.co.kr

VIPS is a restaurant chain in South Korea owned by the CJ Foodville of CJ Group.

History[edit]

In South Korea[edit]

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 China[edit]

In 2015 CJ Foodville announced a plan to set up some 100 restaurants in China by 2017.[5]

References[edit]

External links[edit]