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The bustling city of Hong Kong is all set to welcome its inaugural 24-hour convenience store managed entirely by a humanoid robot. This groundbreaking project denotes the initial venture outside Mainland China for Beijing-based robotics firm, Galbot. Situated…
KK Mart Retail Bhd, the parent company running the KK Super Mart and KK Mart convenience store chain, has revealed plans for an initial public offering (IPO) on Bursa Malaysia. The news came as the company filed a draft prospectus with the Securities…
Viva Energy’s Convenience and Mobility (C&M) division has experienced a decrease in both convenience sales and fuel volumes in the third quarter. This shrinkage is attributed to the ongoing challenges within the retail fuel industry, as well as a reduction in…
In response to escalating prices in bakery franchises, that can exceed 10,000 won for just a few items, South Korean consumers are progressively seeking out more affordable private label (PB) bread. These are readily available in convenience stores and large…
FamilyMart, a renowned convenience store chain, is stepping up its growth strategy in Taiwan. The company has announced plans to inaugurate 100 new outlets this year, a significant step towards their long-term objective of establishing 5000 stores by 2029.…
Marquise Baby, a well-known Australian baby care brand, is set to increase its retail reach by making its products more readily available in convenience store chains throughout the country. Expansion Into Convenience Stores The brand has initiated the…
In South Korea, the rise in food prices has led to an increase in demand for ultra-low-cost products, specifically those priced under 1000 won. This surge in demand has prompted convenience stores to grow their range of super-value items. 7-Eleven’s…
In the week following the introduction of government-issued consumption vouchers, South Korea’s convenience store chains reported a significant rise in sales. The four major chains – CU, GS25, 7-Eleven, and Emart24 – witnessed an increase of more than 10% in…
Aldi Australia Goes Digital Aldi’s low-cost, no-frills approach has distinguished it in Australia’s hyper-competitive supermarket industry. However, the German supermarket chain is transitioning into a new era that emphasizes comfort, while preserving its…
Health and personal care retailer Watsons has opened its 8000th Asia store at SM Mall of Asia in Manila. “The Philippines has been selected for this momentous occasion because it’s one of the fastest-rising economies in Asia and a strategic market for AS…
South Korean convenience store chain CU is setting its eyes on the Central Asian region, entering Kazakhstan under a partnership with CU Central Asia, the c-store operation arm of local ice cream manufacturer Shin Line. CU’s first store there is set to open…
Japanese-themed Hong Kong department store and supermarket chain Yata is set to unveil its first-ever convenience store format in Hong Kong. Dubbed the ‘Konbin by Yata’’ (also Japanese for convenience store), the new format will be smaller than its usual…
7-Eleven has hit a new milestone with the opening of its 71,100th store, located in Seoul, the capital of South Korea. “7-Eleven’s iconic orange, green and red stripes are easily recognized in 17 countries around the world,” said 7-Eleven President and CEO…
Competition among South Korean convenience stores over delivery services is heating up. One chain, GS25, recently launched delivery services from seven stores in Seoul in partnership with food-delivery service Coupang Eats operated by e-commerce giant…
A trial to reduce business hours has resulted in a 59 percent drop in operating profits for FamilyMart Japan.The trial by the traditionally 24-hour convenience-store chain operator was conducted from October to December at around 600 FamilyMart outlets to…
Competition among South Korean convenience stores over delivery services is heating up. One chain, GS25, recently launched delivery services from seven stores in Seoul in partnership with food-delivery service Coupang Eats operated by e-commerce giant…
