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The Future of Convenience Stores

TOKYO, Feb 28 (News On Japan) –
Seven-Eleven has unveiled a brand new retailer idea in Japan, signaling a possible shift within the retail panorama the place comfort shops might meet all our buying wants.

The new format retailer by Seven-Eleven, opening on February twenty ninth, may have about twice the ground area of a mean comfort retailer.

The product vary will likely be roughly 1.8 occasions bigger, together with objects from group firms similar to Ito-Yokado, Loft, and Akachan Honpo.

Fumihiko Nagamatsu, President of Seven-Eleven Japan, acknowledged, “This is a touchstone for the evolution of convenience stores for the next generation, in terms of how we should present our product lineup. To achieve this, we cannot do it alone as Seven-Eleven, so we need to leverage the synergy of our group.”

Ito-Yokado will present know-how on promoting merchandise not usually present in comfort shops. Meanwhile, it goals to create synergies inside the group by reflecting its expertise in product composition within the face of continued losses and retailer closures in regional areas.

Source: ANN