Convenience news

21 October 2020
We highlight recent developments from Belgium, where retailers are pivoting their food-to-go and online offers to meet shopper needs. 1. Delhaize discontinues Fresh Atelier food-to-go concept Delhaize has discontinued the Fresh Atelier food-to-go concept, which it originally launched in Brussels in 2018. At the time, the retailer saw the potential for 200 of these sites. Delhaize now pla...
21 October 2020
MyNews Holdings Bhd, which operates about 570 MyNews outlets, plans to open CU convenience stores from South Korea. Early 2021 launch The licensing agreement with CU’s owner, BGF Retail Co Ltd, is for 10 years with an additional 10-year renewal term. The group will open 30 to 50 CU stores in Klang Valley next year to monitor their performance. MyNews will be spending US$7.2m to US$9.6m in c...
20 October 2020
Nisa, the wholesale subsidiary of the Co-op Group, is the latest symbol group operator to add a further variant to its portfolio of store packages available to independent retailers.  Launched at the virtual Nisa 2020 Expo, Nisa Express will sit alongside the established Nisa Local fascia to offer a package targeted to smaller stores that have historically been considered below the qualifying siz...
19 October 2020
Wholesaler Bestway, the owner of the Bargain Booze and Wine Rack franchise formats, is understood to be trialing two new variant store formats as a means of extending the demographic reach of its off licence offer for independent retailers. The new banners: BB’s and Tippl BB’s is seen as a variant on the established Bargain Booze format, which, while referencing its link to Bargain Booze di...
19 October 2020
7-Eleven in Hong Kong, operated by Dairy Farm, has added two vegan ready-to-eat meals at its stores. New options for shoppers The plant-based meals are produced by OmniEats, part of the  OmniFoods brand portfolio founded by David Yeung. Available to customers at 7-Eleven are two flavours, Spicy Thai Basil OmniPork Rice and Thai OmniPork Stir-Fried Noodles. Last week, the company’s newly la...
16 October 2020
Mexican business FEMSA Comercio, which controls the Coca-Cola bottler FEMSA and operates the OXXO convenience store chain, has reached an agreement to acquire OK Market, OXXO’s direct competitor in Chile. OK Market is a convenience banner owned by SMU, Chile’s largest retailer by store numbers and third largest by revenue. After more than a year of negotiations FEMSA has reached a binding ag...
16 October 2020
7-Eleven and Marks & Spencer have partnered Deliveroo to offer customers on-demand grocery delivery in Hong Kong. Over 1,000 grocery products added to Deliveroo Shoppers in Hong Kong will shortly have access to 1,000 (c.200 from 7-Eleven and c.800 M&S) additional grocery products on Deliveroo. The service provider has over 7,000 riders in Hong Kong and can deliver items in as fast as 30 min...
14 October 2020
Japan's four largest retailers, Seven & i Holdings, Aeon, FamilyMart and Lawson, have posted their H1 results for the six months from March 1 to August 31, 2020. Summary and our view The big four’s H1 results continue to show the negative impact of COVID-19 has had on convenience retailing in Japan. Average spending per customer at convenience stores has increased, but this has not been eno...
14 October 2020
East Japan Railway Co. (JR East) is planning to open 100 automated convenience stores over the next four years. Expansion of cashless stores Following the outbreak of COVID-19, plans to expand JR East’s unstaffed convenience store concept have accelerated. The company launched the first cashless NewDays convenience store at its Musashisakai Station (Tokyo) last year. In March, it then lau...
14 October 2020
In the wake of the COVID-19 pandemic, the variety of new services being offered at South Korean convenience stores is growing fast. Convenience stores as new centre of everyday life As consumers are not going far from their homes, services offered by convenience stores are gaining popularity. CU has noticed that from July to September: The use of its parcel delivery service was up ...