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

Get up to speed on all of the latest retailer results, the insight into what is driving growth and IGD's five big trends to watch in Asia in 2020.

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In response to the Coronavirus (COVID-19) pandemic, convenience operators are implementing measures to ensure everyone has access to the food and consumer goods products they need. We will continue to update this article as the latest initiatives are announced.

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Despite challenging trading conditions, Hong Kong-based Convenience Retail Asia (CRA) has posted a robust set of annual results, with Group revenue increasing by 5.9% to HKD5,632m (US$724.8m). Revenue and profits up despite tough trading conditions Overall increase in revenue was mainly attributed to a 6.1% growth in comparable-store sales for the convenience store business (turnover increa...
Foodpanda has launched its on-demand grocery delivery service, Pandamart, in Hong Kong. Committed to increasing partners and products Foodpanda began testing Pandamart last November. During testing, Pandamart was able to fulfil orders within 25 minutes. The service aims to maintain an average delivery time of 15 minutes. Foodpanda partners with 1,000 businesses and sells more than 14,000...
Hong Kong-based Convenience Retail Asia (CRA) has posted a solid set of results for the first half ending 30 June, with Group revenue increasing by 5.0% YoY to HKD2,703m (US$344.7m). Circle K’s comparable store sales increase 4.4% again Circle K's comparable store sales increased 4.4% YoY – matching what it achieved this time last year. This contributed to total sales of HKD2,185m (US$278.6...
Nanjing based Suning announced this week that it has taken over Guangzhou Circle K network from Hong Kong’s Fung Group. Acquisition of 61 stores Suning Xiaodian, the convenience store unit of the Chinese retail giant Suning, has acquired 61 Circle K outlets in Guangzhou from Fung Group for an undisclosed sum. Fung Group’s listed subsidiary, Convenience Retail Asia, continues to own and o...