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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.

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.

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In response to consumers’ increasing demand of healthy diets, operators of convenience stores in the country are expanding vegetarian ranges.

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The duty-free arms of Shinsegae and Lotte have launched facial recognition payment technology at their stores in South Korea. After registration, Chinese customers can automatically settle payment by standing in front of a facial recognition camera, enabling shoppers to pay without cash, card, or a mobile phone. Shinsegae adds WeChat Pay facial recognition WeChat Pay facial recognition paym...
South Korean retailer Lotte Mart has just added its 14 th store in Hanoi. New store targets students The new 2,776 sq m store is located in Cau Giay district, an urban area near seven local universities. The store has trendy yet affordable products items from Korea, US and Europe. It also provides cooked food and easy to cook food suitable for single households and college students. About ...
7-Eleven is trialling an unmanned locker service called Seven Locker in Seoul, South Korea. Profit-generating initiative The service is part of company’s initiatives to diversify operations and generate more profits for its convenience stores. The lockers will be set up near tourist attractions and entertainment areas where there is demand for such services among locals and visitors. Dep...
The group has revised its five-year plan and now aims to spend US$44bn (KRW50tn) through 2023. Significant investment in ecommerce Of the total investment, 25% will go to retail to be spent on ecommerce infrastructure, logistics, big data and AI. Lotte plans to hire 70,000 workers during the five-year period, mainly in the ecommerce sector. This big investment to bring physical stores onlin...

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