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CU convenience chain is preparing to accept cryptocurrency payments in South Korea.

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South Korea’s BGF Retail Co., the operator of convenience store chain CU, will open its first outlet in Vietnam by June 2020. Second offshore operations after Mongolia The retailer has signed a franchise agreement with a Vietnam-based convenience store operator backed by local companies. BGF Retail will share its brand and knowledge in operations, while the Vietnamese partner will be respon...
South Korean retail conglomerate Shinsegae is developing a cashierless grocery store modelled on the Amazon Go concept. Use “just walk out” technology Like Amazon Go, the company will use "just walk out" technology and sensors to automatically detect what shoppers are buying. Thirty cameras and sensors will track what shoppers take from the shelves and what they put back. Shoppers wil...
Large brick-and-mortar retailers can no longer wait for the customers to visit their stores. New and more convenient delivery services driven by demand The country’s food delivery market is changing quickly and expanding in scope, driven by underlying demographic shifts. One-person households account for 25% of the total households and will reach 35% by 2035. The demand for delivery of fres...

Presentations

30/08/2019
Ultimate convenience is one of the key trends shaping the landscape of grocery retailing in Asia. We review what ultimate convenience means in reality and what this trend looks like in action.
28/08/2019
We review the five big trends that we identified at the start of 2019, plus provide insight on the latest performance of Asia's leading grocery retailers.
12/08/2019
South Korea has the highest penetration of grocery ecommerce anywhere on earth, we explore what has driven this growth and what the competitive landscape looks like…
27/06/2019
We forecast current and future online grocery sales in Asia’s leading grocery markets, as well as examine the initiatives in the top markets that will continue to shape future development.
View all presentations

Key presentation

This in-depth guide to South Korea explores the key trends in grocery retail and the growth strategies of the leading retailers in the country.

Five year growth forecasts for the grocery market, the leading retailers and modern trade grocery channels in South Korea.

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