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Retail technology provider Ocado entered into an exclusive partnership with Lotte Shopping, the ecommerce arm of conglomerate Lotte Group. The partnership is aimed at boosting Lotte’s online grocery presence in Korea.

More News

Costco’s fourth quarter results revealed a strong finish to the year with total revenue exceeding $220 bn. We look at the factors underlying this performance and what to expect in the year ahead. Fourth quarter and full year key numbers Q4 total revenue up 15.2% to $70.8 bn, with full year revenue up 16% to $222.7 bn Comparable sales for the quarter (ex-fuel and currency impacts) up 1...
With coffee consumption in South Korea nearly triple the global average, and an estimated one coffee shop for every 600 people in the country, the market offers great inspiration for the latest coffee trends and innovations. Here’s three things that caught our eye on a recent visit to Seoul. Robots at the ready Dilly was one of a variety of service robots we spotted in Incheon Internatio...
While the landscape of labour shortages and rising costs varies across the region, convenience retailers are experimenting with a range of new solutions to tackle their resource challenges. Robots employed to restock at FamilyMart FamilyMart has partnered with start-up Telexistence to introduce stock-checking robots to 300 stores in Japan. The Japan Times reports that each robot can repla...

Presentations

16/11/2022
7-Eleven South Korea launched an in-store NFT (non-fungible token) membership service to provide an additional platform for its shoppers to obtain rewards.
03/11/2022
Against the backdrop of inflation and rising living costs, we have reforecast our growth expectations for the global market and key countries to 2027. This report highlights how inflation is impacting regions and countries differently.
03/10/2022
A new concept to re-energise hypermarket shopping, at a time when online shopping is surging in South Korea.
01/10/2022
A first-look at GS25’s new digital experience lab store. It tests a wide range of technologies with potential to unlock the next stage of channel growth in the highly competitive South Korean market.

Key Presentation

South Korea Country Presentation

A guide to South Korea’s grocery market and how we expect the country, its leading retailers and channels to evolve over the next five years.

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