Asia news & analysis

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...
19 October 2020
Alibaba is investing approximately US$3.6bn to double its stake in Sun Art to 72%, taking control of the largest retailer in China. Alibaba is purchasing the stake from Auchan, which on completion of the sale will see it exit the Chinese market. Alibaba strengthening bricks-and-mortar presence Auchan has accepted Alibaba’s offer to acquire its remaining c.36% stake in Sun Art. Alibaba acqui...
19 October 2020
HAO Mart Eccellente’s latest Westgate store includes popular food and beverage outlets on its premise. Source: HaoMart   Live seafood The range of live seafood has increased in this store: oysters, crab, lobsters and groupers are available. The seafood and meat counters are run by Aw’s market, a meat specialist which had been partnering HAO mart acr...
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 ...
14 October 2020
Big C launches a campaign to offer 10-40% discounts on 25% of essential goods at more than 1,600 Big C stores. Prices are top of shoppers’ minds Besides cutting prices on essential goods, the retailer will also cut prices of 14 food items on the menu at food courts by 50%. Pattaphong Iamsuro, Chief Commercial Officer of Big C Supercenter, said, "consumer spending power has not returned to p...
13 October 2020
Lancôme has teamed up with Lotte to launch a smart store concept, known as Lancôme x Lotte Duty Free Smart Store, at Lotte Duty Free’s shop in Myeongdong, Seoul. A fully integrated physical and digital experience The store occupies a 520sq m space and offers unique shopping experience: Augmented reality makeup try-on service : ModiFace, Lancôme’s virtual try-on tool, uses refined ...
13 October 2020
Tesco Malaysia has enabled e-wallet payments across all food courts. It is operating 56 food courts out of 62 stores nationwaide. COVID-19 accelerated adoption of ecommerce in Malaysia Tesco Malaysia cited a Mastercard Impact Studies published in June this year showing that Malaysia's e-wallet penetration of 40 per cent is highest in Southeast Asia. E-wallet is also the preferred payment op...