Convenience news

Major national convenience retailer Co-op has set out its goal to more than double its sales through online platforms from £70m to £200m by the end of the current year. The key focuses for driving this growth are to be a new partnership with Amazon Prime and the roll-out of Starship autonomous vehicle deliveries to more areas. Amazon partnership to go national following Glasgow trial The sa...

Leading UK convenience retailer Co-op has added a new format to its portfolio with the opening of its first 24-hour self-serve, cashless Micro Market. Located at the head office of British cleaning appliances manufacturer Numatic, the outlet offers the 1,000 staff access to Co-op own-label products such as food-to-go meal deals, breakfast items, milk, bread, ready meals as well drinks on the g...

Leading national co-operative retailer, Co-op has reported its interim results for the first half of 2021 (26 weeks to 3 July) with sales in its convenience-led Food division (excluding fuel) down 2.8%. This expected decline comes amid a more normalized trading pattern in 2021, compared to the extraordinary surge in consumer demand seen in the early stages of the COVID-19 pandemic from March in 2...

As Carrefour receives sign off for its acquisition of Bio c’Bon in France, expands its presence in the convenience channel and enjoys strong growth in Spain, we round up news from the retailer. Carrefour required to sell eight stores to complete Bio c’Bon acquisition Following its announcement to purchase Bio c’Bon and notification of the Competition Authority, Carrefour has received si...

The South Korea convenience store chain Emart24 (owned by Shinsegae) has launched a smart store in Seoul this month. Modelled on the Amazon Go concept The new store is in popular shopping complex Starfield COEX. The technology is modelled based on the Amazon Go concept. Customer needs to type in their mobile phone number at a kiosk and insert a bank card to receive a QR code. They can th...

Our latest research provides recommendations on how you should prepare for energy transition in convenience retail. Available to IGD Retail Analysis subscribers: The future for forecourts in Europe Below are some of the key highlights… Looking for more insight? Retail Analysis subscribers can read more here: Your guide to convenience...

Selex has increased its online sales in H1 2021 and Conad has launched a new, urban format in Milan. Separately, Lidl has expanded its climate neutral range, aiming to increase its positive effect on climate protection and the conservation of biodiversity and resources. Selex online channel grows by 45% Selex has seen sales through its online channel increase by 45% in the first six months of...

Earlier this year, we outlined five global trends that will shape the convenience channel this year and beyond. Below are some case studies to show how convenience retail and technology are connecting further. Sweden: Pressbyrån opens unstaffed store in a hospital   Pressbyrån has opened its second unstaffed 24/7 Pressbyrån Go store, this time at Huddinge Hospital. In urban locations...

Co-op have announced a new partnership with The Original Factory Shop that will see 30 concessions open in larger Co-op stores over the next 15 months. The move forms part of Co-op’s work with partners to offer additional services in store and create a compelling offer for its communities, encouraging shoppers to visit more often. The concessions will sell The Original Factory Shop’s range ...

Number three UK supermarket retailer, Asda has reported like-for-like sales down 0.7% for the three month period April to June 2021. This decline is unsurprising given the strength of the comparative period in 2020 when the first lockdown drove exceptional growth in both larger store and especially online sales. However, Asda performance continued to show resilience versus pre-pandemic levels, wi...