Tous Les Jours Considers Price Increase Amid Wage Hike
Creatrip Team
a year ago
Tous Les Jours, a popular bakery chain in South Korea operated by CJ Foodville, is expected to raise product prices as they plan to increase the wages of bakers by 1.7%. The bakers are employed through outsourcing companies, and this wage increase might impact product prices. Additionally, CJ Foodville has decided to end its support for the employee's national pension contributions, further increasing financial pressure on store owners. The industry anticipates that these factors will likely lead to a price increase, following a similar move by competing bakery, Paris Baguette.