Retail and consumer goods industry news

With network expansion not a priority for 7-Eleven in the saturated Japanese market, it is adopting new strategies in the area of AI technology and product offerings to drive sales in its stores. Generative AI to drive product innovation 7-Eleven Japan has built its own cloud-based IT system with generative AI from OpenAI, Stability AI and Google to collect data from customer sales, product...

Leading South Korean convenience retailers have entered seven foreign markets in recent years and continue to grow with the help of the global K-pop frenzy. In this article, we will delve into four reasons why K-convenience stores win over shoppers’ hearts in Asia. 1. Exclusive Korean assortment and experience that can’t be replicated elsewhere Although there are more Korean supermarkets ar...

Ireland’s Department of Health has announced that radio and TV adverts from January 2025 will be subject to stricter advertising rules, according to Kam City. The Government’s Public Health (Alcohol) Bill proposes that alcohol adverts will not be broadcast before 9pm, much like gambling advertisements. An overview of tightening alcohol laws in Ireland 2018: the Public Health (Alcohol) ...

Tesco’s Fulham Reach GetGo Express store is trialling new technology that removes the need for shoppers to scan their items at self-service checkouts. Tesco says shoppers will be able to walk up to the scan-free checkout and they will be presented with a list of the items they have picked up. Shoppers will be able to check the list is correct and pay in the usual way, no scanning is involved a...

Canada’s second largest grocery retailer, Sobeys, has introduced new natural source selections in food, personal care, and household cleaning aisles to make it easier for shoppers looking for products with specific attributes. Product attributes Bus-stops are used to spotlight the ‘Wellness’ sections in-store, which are located mid-aisle across the store. The signage reflects the specific att...

Tesco shoppers are now able to order makeup and nail products as part of their online and click-and-collect weekly shops for the first time. Shoppers are able to choose from over 300 products from brands such as Rimmel and Sally Hansen. Tesco said that ‘thousands’ more products from the likes of L’Oréal Paris and Maybelline would be added in the new year. Deliveries will be available from m...

Tesco has this month unveiled its new instore presence for Paperchase – the stationery and greetings card brand that it acquired out of administration in early 2023. The new range, including greetings cards and gift-wrapping materials; party decorations and accessories; notebooks, calendars and diaries; and home accessories, have appeared in over 250 Tesco stores, as well as being available onlin...

Food-to-go has evolved differently in Copenhagen compared to other internationally renowned cities such as London and New York.  This makes it an ideal destination for inspiration, with opportunities to learn from both retailers and foodservice operators.  If you’d like us to help you plan your visit, read more about our Retail Safaris here . Why food-to-go in Copenhagen is so special The ...

Asda’s expansion into the convenience market has reached a notable milestone with the opening of the 100 th Asda Express store in Hexham. Following the news of its acquisition of the EG Group’s UK business , Asda is aiming to complete 20 store conversions a week, with all former EG Group and Co-op sites converted into its Asda Express format by the spring of 2024. As well as the 100 th s...

Canada’s Metro Inc. delivered a strong performance for fiscal 2023, delivering sales of more than C$20 bn and net earnings of more than C$1 bn for the first time. We look at the drivers behind the retailer’s success and the outlook for the year ahead. Metro fourth quarter and full year key numbers Q4 sales increased 14.4% to C$5,071.7m Food same-store sales increased 6.8%, with pharma...