Convenience news

26 February 2021
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. Edeka opens automated store in Germany Edeka has opened a 24/7 automated convenience store at Renningens train station. ‘E 24/7 Karow & Sommer’ stocks 300 SKUs items and will gra...
22 February 2021
Historically, across Latin America food-to-go has not been a particular hot spot for product innovation and the category is often uninspiring. This is possibly due to the vibrant street food culture in the region, which is readily available, fast to produce, delicious and affordable. However, in the last year we have started to see early signs of innovation in the category. Despite these dev...
19 February 2021
Proprietary online ordering platform, Snappy Shopper is now being operated by 650 convenience stores across the UK, and is being used by over 100,000 shoppers.  The app, which provides a ready-made shopper ordering and payment solution, allows independent retailers to quickly launch an online offer, enabling them to target opportunities in the current high and sustained demand for local home shop...
16 February 2021
After Indian online grocers BigBasket and Grofers have reported growth in revenue last week, Spencer’s and Future Retail have recently announced a decline in their income for October to December 2020. Future Retail: revenue has been badly affected by the pandemic Future Retail has reported 71% less revenue during the quarter of October to December 2020.  Its income has dropped from INR51,93...
11 February 2021
Russia’s second largest grocery retailer, Magnit, has been investing strongly in the development of its physical formats as it looks to attract more shoppers. It is now investing online, a channel it has been reluctant to enter, with it only launching online in 2020. However, as it looks to drive growth Magnit is investing in several formats and online services to help it meet a wider range of sh...
10 February 2021
Monthly data updates from 7-Eleven, Lawson and Ministop, focusing on sales, customer footfall and average customer spend in Japan.  Japan’s convenience channel shrinking All of the leading convenience retailers are seeing a decline in sales year-on-year (YoY). Since the pandemic, 7-Eleven has been the leader in terms of adapting and managing the impact. YoY sales fell the sharpest in April ...
09 February 2021
Here we highlight the five trends that will develop and evolve over the coming 12 months. These will shape the convenience channel in the UK. Retail Analysis subscribers can read the full report, including the latest ShopperVista convenience channel insight, retailer case studies and implications for suppliers here . 1. Fulfilling bigger basket missions With increased COVID-19 cases...
05 February 2021
Last month, we outlined five global trends that will shape the convenience channel this year and beyond. While it is still early, we are already seeing new proof-points in support of our views. Acqusitions supporting physical expansion recovery Physical expansion in convenience retail is much more fluid compared to larger formats. While this has slowed since the pandemic, plans that were pl...
03 February 2021
It has been announced that EG Group, currently in the process of acquiring Asda Stores Ltd in partnership with TDR Capital, is to detach Asda’s forecourt operations in a separate £750m deal and integrate them with the international forecourts business that EG operates across three continents. Will boost EG’s UK forecourt network to c710 sites The deal to acquire the Asda forecourts, which i...
02 February 2021
The GB market grew 12.2% in the 12 weeks to 24 January, according to latest results from Kantar. As restrictions once again increased, the online and convenience channels continued to benefit the most from changes in shopping habits. Increased restrictions drive up spend A combination of the festive season and the reintroduction of lockdown restrictions drove growth. With dining out no long...