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The Organic Trade Association's Report
GO TO MARKET REPORT: South Korea The U.S. Department of Agriculture’s Foreign Agriculture Service (FAS) provided funding for these reports through the Organic Trade Association’s Organic Export Program Organic Trade Association (OTA) does not discriminate on the basis of race, color, national origin, sex, religion, age, disability, political beliefs, sexual orientation or marital/family status. Persons with disabilities, who require alternative means for communication of program information, should contact OTA. TABLE OF CONTENTS: 1!OVERVIEW 1!REGULATORY STATUS GO TO MARKET REPORT: 2!COMMONLY IMPORTED PRODUCTS South Korea 3!MARKET SECTOR OVERVIEWS 9!MARKET ACCESS AND DISTRIBUTION CHAIN 10!CHARACTERISTICS OF SHOPPERS 12!RESOURCES 13!REFERENCES Overview: The Republic of Korea (formerly South Korea) imports approximately 60 to 70 percent of its food and agricultural products, and is one of the least self-su!cient countries for grain production. Between 2010 and 2015, total spending on food is expected to increase over 20 percent. With over 50 percent of the population concentrated within a 60 mile radius of the capital city of Seoul, that region accounts for over 70 percent of the retail spending in the country. Despite the limited volume of domestic agriculture, Koreans favor locally grown and manufactured foods and are willing to pay a premium for domestic goods. A wide variety of agricultural products are grown or processed locally, including rice, fresh and processed vegetables, fruits, seafood and meats, eggs, dairy products, noodles, sauces, oils, grain "our, beverages, snacks, confections, and liquor. Unlike other sectors of the Korean economy, there is not a focus on exporting in Korean agriculture, and, in general, government policies favor domestic agriculture. -
Premium and Convenience Opportunities
Premium and Convenience Opportunities UK FOOD MARKET Please insert a suitable picture in this size OFFICIAL PROGRAM PARTNER UK FOOD MARKET CONVENIENCE & PREMIUM OPPORTUNITIES Date: 24.08.15 Language: ENGLISH Number of pages: 19 Author: JANE MILTON Other sectorial Reports: Are you interested in other Reports for other sectors and countries? Please find more Reports here: s-ge.com/reports DISCLAIMER The information in this report were gathered and researched from sources believed to be reliable and are written in good faith. Switzerland Global Enterprise and its network partners cannot be held liable for data, which might not be complete, accurate or up-to-date; nor for data which are from internet pages/sources on which Switzerland Global Enterprise or its network partners do not have any influence. The information in this report do not have a legal or juridical character, unless specifically noted. Contents 5.2.5. Harvey Nichols _______________________ 14 1. FOREWORD____________________________ 4 5.2.6. Selfridges ____________________________15 2. INTRODUCTION ________________________ 5 5.2.7. Fortnum and Mason ____________________15 5.2.8. Wholefoods Market _____________________15 3. FOOD & DRINK MARKET KEY TRENDS _____ 6 5.3. Distribution Channels ___________________15 3.1. Clean eating __________________________ 6 5.4. Opportunities for Swiss Businesses in the Premium 3.2. Rise in online food shopping _______________ 6 Sector ______________________________15 3.3. Sugar backlash ________________________ 7 6. KEY TRADE SHOWS AND EVENTS FOR THE 4. CONVENIENCE MARKET _________________ 8 SECTOR ______________________________ 16 4.1. MARKET DEVELOPMENT _______________ 8 6.1. Speciality and Fine Food Fair, London _______ 16 4.2. MAIN PLAYERS ______________________ 10 6.2. -
Local Shop Report 2016
THE LOCAL SHOP REPORT 2016 A report by the Association of Convenience Stores #LocalShopReport CONTENTS ABOUT THE REPORT CONVENIENCE STORES - THE MODERN LOCAL SHOP About the report 2 The Local Shop Report 2016 marks the The value the convenience * About ACS 2 fifth edition of our report on the successful sector adds to the economy in That’s around of all UK RETAIL... ** The modern local shop 3 and diverse convenience sector in the Gross Value Added is just over...£5bn 6% Summary 4 UK. The report is the cornerstone of ACS’ Shops 6 research, providing detailed information The local shop is a long standing feature of UK communities, • Co-operatives – groups of stores that are owned by their Sales 8 about the stores that operate in the it is however constantly evolving and changing. customers, the biggest by far is The Co-operative Group, Investment 10 sector, the people they employ and the but there are a number of smaller co-operative societies The modern local shop has developed within the convenience operating convenience stores around the country; Features 12 communities that they serve. store format. It is typically characterised as follows: Jobs 14 • Multiples – chains of stores run from a head office • Open for long hours, usually seven days a week, and not (examples are McColl’s Retail Group, BP and Tesco Express); Entrepreneurs 16 In this year’s report, for the first time we subject to restrictions under the Sunday Trading Act. Communities 18 are exploring the investment decisions • Symbol groups – these are groups usually organised by a • Occupying a small store premises – usually smaller than wholesaler that are made up of independent businesses Customers 20 made by convenience store owners, 280 square metres or 3,000 square feet (see page 7). -
Grocery Sector
Scale, Disruption and Brexit A new dawn for the UK food supply chains? Contents 3 Executive summary 4 Part 1: Societal shifts in how, when and where we shop 8 Part 2: Consolidation is the name of the game 13 Part 3: The Brexit effect 23 Case studies Groceries Code Adjudicator Harvey and Brockless SPAR 29 Checking out the shop landscape: Trends to watch 30 The tariff effect 31 Appendix 33 Further information This report was researched, developed and produced by Retail Economics in September 2018 for Barclays Corporate Banking. 2 of 33 Executive summary It’s a momentous time for the UK food and grocery sector. New technology, increased consumer choice, fiercer competition and game-changing industry consolidation have all led to a big shift in power between wholesalers, retailers and consumers. Disruption is now the new normal across the sector. closer to home, buy produce from local suppliers and be For example, a hard or no-deal Brexit could mean: more ethical with what they put in their basket. They’re also To become more profitable and fit for the digital age, • New tariffs* of £9.3bn per year imposed on food looking for a wider, more pleasing shopping experience. retailers have had to keep up with customer demands and and drink imports from the EU expectations. This has led to innovative strategic partnerships Playing out against the backdrop of these developments A new average tariff of 27% for food and drink supply that no one thought possible just a few years ago. • is the UK’s future relationship with the EU. -
1 Regional Bio-Bridge Initiative Round Table for Asia And
CBD Distr. GENERAL 14 September 2017 ENGLISH ONLY REGIONAL BIO-BRIDGE INITIATIVE ROUND TABLE FOR ASIA AND THE PACIFIC Incheon, Republic of Korea, 16-19 October 2017 Information Note for Participants QUICK LINKS (Control + click on icons for web page to directly access text in document) INFORMATION HIGHLIGHTS 1. OPENING ........................................ 2 Visa Information (page 3) 2. VENUE ........................................ 2 ANNEX A – DIRECTIONS TO VENUE - SHUTTLE BUS AND SUBWAY INFORMATION ......... 6 3. LOCAL CONTACT PERSON ........................... 2 Meeting Documents (page 2) 5. DOCUMENTS ........................................ 2 6. GENERAL INFORMATION ON ACCESS TO INCHEON, REPUBLIC OF KOREA ......... 2 Hotel Information (pages 4, 10) 7. VISA INFORMATION ....................................... 3 8. HOTEL INFORMATION .................................. 4 ANNEX B – HOTEL LIST ...................... 10 10. WEATHER AND TIME ZONE Weather Information (page 4) INFORMATION ........................................ 4 11. ELECTRICITY ........................................ 4 12. CURRENCY ........................................ 4 Currency Information (page 4) 13. DISCLAIMER ........................................ 5 1 1. Opening The Regional Bio-Bridge Initiative Round Table for Asia and the Pacific will be held from 16 to 19 October 2017 in Incheon, Republic of Korea. The meeting will start at 9:00 a.m. on Monday, 16 October 2017. 2. Venue The meeting will be held at: National Institute of Biological Resources (NIBR) Exhibition Building, Seminar Room 201 Hwangyeong-ro 42, Seo-gu Incheon, 22689 Republic of Korea Tel: +82-32-590-7100 Website: www.nibr.go.kr/eng/main/main.jsp Directions to the venue from the Geoman subway station are shown in Annex A below. 3. Local Contact Person The Secretariat of the Convention on Biological Diversity is organizing the logistics for this meeting in partnership with a local organizer, the National Institute of Biological Resources. -
Marines to Take Posts Laotian Border
etthw OMribution Today m «MtM MtH, 7» to- BEDBANK i 9,400 ltm£**« ?Omiy mmm, twl*fci a&, tew nm. i* m-Sfc. 1 tw wither, p«|e Dial SH L0010 VOL .84 NO. 228 RED BANK, N. J,,THURSDAY, MAY 17, 1962 7c PER COPY PAGE ONE Marines to Take Posts Laotian Border Allies Pledge Troops BANGKOK, Thailand PUN EXPLAINED — Keyport reiidentt listen to ttate engineer Davit Boswell ex- (AP) — Battle-equipped plain proposal for $1 million overpass for Six Corners, Rt. 35, aUearing conducted American marines landed in yesterday by state Highway Department. Thailand today, grimly de termined to stay "as long as we are needed" to pro tect this friendly Southeast Asian kingdom from Communist aggres- Keyport's Overpass sion. A task force of 1,800 Leather- necks in brown-green-blue cam- ouflage uniforms came ashore at Bangkok, carrying bazookas, Project Is Opposed rifles, grenade-launchers and ma- chine guns, ready for speedy air movement north to the jungle KEYPORT — Representatives had, and had learned about the The mayor charged that "The oorder facing Red rebels? in of the state Highway Department possibility "of a county freeway" state is worrying about losing leighboring Laos. ; yesterday listened to objections the Six, Corners project might votes in North Jersey.. This proj- The United States' call on her to the state's proposal to build a not be necessary. ect is for North Jersey's benefit, illies in the Southeast Asia TRIBUTE TO FORMER MAYOR—George A. Gray, second from right, acceptj a gold wrist watch presented to $1 million overpass at Six Cor- Rev. -
Dundas & Spadina 285 Spadina Ave Toronto M5t 2E6
retlr_loc_name phys_addr phys_city phys_post_code REX #8191 - DUNDAS & SPADINA 285 SPADINA AVE TORONTO M5T 2E6 LEVOL CONVENIENCE FOOD MART 606 DUNDAS ST W TORONTO M5T 1H7 MODERN VIDEO AND VARIETIES 497 DUNDAS ST W TORONTO M5T 1H1 CARMEN'S INDEPENDENT CITY MARKET 301 COLLEGE ST TORONTO M5T 1S2 REX #8139 - SPADINA & COLLEGE 474 SPADINA AVE TORONTO M5T 2G8 HARVEST 298 SPADINA AVE TORONTO M5T 2E7 WA YI TRADING CO LTD 480 DUNDAS ST W TORONTO M5T 1G9 CHEERS SMOKE SHOP 170 MCCAUL ST TORONTO M5T 1W4 KENSINGTON VARIETY 56 KENSINGTON AVE TORONTO M5T 2K1 SDM #1027 - TORONTO WESTERN HOSPITAL 399 BATHURST ST TORONTO M5T 2S8 7-ELEVEN COLLEGE @ SPADINA 260 COLLEGE ST TORONTO M5T 1R7 CHAN SHEUNG KEE BOOK CO. 457 DUNDAS ST W TORONTO M5T 1G8 HOMETOWN LAUNDRY MART 150 AUGUSTA AVE TORONTO M5T 2L5 GRANGE LOTTERY & NEWS 109 MCCAUL ST TORONTO M5T 3K5 NEW WORLD LOTTO 273 SPADINA AVE TORONTO M5T 2E3 GOLDEN SEA LOTTO AND VARIETY 544 DUNDAS ST W TORONTO M5T 1H3 INS MARKET 250 DUNDAS ST W TORONTO M5T 2Z5 SAIGON VIDEO 315 SPADINA AVE TORONTO M5T 2E9 YOUNG'S SMOKE & VARIETY 283 COLLEGE ST TORONTO M5T 1S2 LUCKY LOTTO 222 SPADINA AVE TORONTO M5T 2C2 STARBANK (SPADINA) 340 COLLEGE ST TORONTO M5T 3A9 CHAMPIONS TELE-WAGERING AT CHINA TOWN 421 DUNDAS ST W TORONTO M5T 2W4 ST. PATRICK'S MINI MARKET 20 SAINT PATRICK ST TORONTO M5T 2Y4 QUEEN'S FINE FOOD 65 AUGUSTA SQ TORONTO M5T 2K5 SPADINA SMOKE & VARIETY 466 SPADINA AVE TORONTO M5T 2G8 SAM'S FOOD STORES 339 COLLEGE ST TORONTO M5T 1S2 SUN WA BOOKSTORE 280 SPADINA AVE TORONTO M5T 3A5 CARLTON CONVENIENCE STORE 230 BATHURST ST -
Korea - Republic Of
THIS REPORT CONTAINS ASSESSMENTS OF COMMODITY AND TRADE ISSUES MADE BY USDA STAFF AND NOT NECESSARILY STATEMENTS OF OFFICIAL U.S. GOVERNMENT POLICY Required Report - public distribution Date: 2011-02-15 GAIN Report Number: KS1108 Korea - Republic of Retail Foods Sector Biennial Report Approved By: Michael Fay, ATO Director Prepared By: Sangyong Oh, Marketing Specialist Report Highlights: The retail food sector in South Korea has evolved rapidly over the last two decades to become one of the most advanced in the world today. Growth of the sector was mainly fueled by expansion of modern, large-scale retail businesses, which reflect evolving tastes and increased wealth of Korean consumers. More stream-lined supply channels coupled with strong consumer trends for better value and wider choices was translated into growing demand for imported consumer-ready food products. Imports of consumer-oriented foods from the United States totaled $1.8 billion in 2010, up 32 percent from the previous year. Post: Seoul ATO Author Defined: KOREA RETAIL FOOD SECTOR REPORT TABLE OF CONTENTS I. Market Summary A. South Korean Retail Sector Overview B. Consumer Food Trends C. Food Imports II. Road Map for Market Entry A. Modern Retail Businesses: Hypermarkets, Grocery Supermarkets, Convenience Stores, Department Stores, On-line Retailers, Franchise Specialty Grocery Retailers A-1. Entry Strategy A-2. Market Structure and Product Flow A-3. Sub-sector Company Profiles A-3-1. Hypermarkets A-3-2. Grocery Supermarkets A-3-3. Convenience Stores A-3-4. Department Stores A-3-5. On-line Retailers A-3-6. Franchise Specialty Grocery Retailers B. -
GS Retail (007070 KS) Retail
June 15, 2012 Company Report GS Retail (007070 KS) Retail Daewoo Securities Co., Ltd. Well-positioned for outgrowth amid mature retail industry Mina Kim +822-768-4163 Initiate with a Buy call and TP of W31,000 [email protected] We initiate coverage on GS Retail with a Buy rating and a target price of W31,000. Jieun Lee Our target price is derived by applying a target P/E of 15x to GS RetailÊs 2013F EPS. +822-768-3265 Our target P/E is the top-end of the trading multiple for the Korean retail sector over [email protected] the past 10-years. We believe a premium for GS Retail is justified, given: 1) GS RetailÊs core business, convenience stores, is likely to outgrow the domestic retail sector, 2) GS Retail can preserve stable operating margins thanks to its franchise business model, and 3) the companyÊs ample cash holdings can support future business opportunities, including external expansion through M&As. Since GS Buy (Initiate) RetailÊs listing on December 23, 2011 at W22,400 per share, it has outperformed Target Price (12M, W) 31,000 the KOSPI by 9.8%p. We believe the outperformance is a reflection of the Share Price (06/13/12, W) 24,500 marketÊs optimism on GS RetailÊs structural growth potential in the convenience Expected Return (%) 26.5 store segment, and expect the positive sentiment to continue in the future. EPS Growth (12F, %) 45.4 Market EPS Growth (12F, %) 19.4 Domestic convenience stores to see further growth P/E (12F, x) 13.9 Market P/E (12F, x) 9.3 The domestic convenience store industry was estimated at W10.1tr 2011, up 20.7% KOSPI 1,859.32 YoY. -
UK Key Retail Outlet Profiles 2014 United Kingdom
THIS REPORT CONTAINS ASSESSMENTS OF COMMODITY AND TRADE ISSUES MADE BY USDA STAFF AND NOT NECESSARILY STATEMENTS OF OFFICIAL U.S. GOVERNMENT POLICY Voluntary - Public Date: 12/12/2014 GAIN Report Number: United Kingdom Post: London UK Key Retail Outlet Profiles 2014 Report Categories: Retail Foods Approved By: Stan Phillips Prepared By: Julie Vasquez-Nicholson Report Highlights: This report provides brief profiles of selected convenience and specialty stores in the UK, including delicatessens, mail order services, confectionery stores, health food retailers, buying groups and franchises. General Information: FOREWORD This report is intended to supplement the report entitled “UK Retail Market Brief” and “UK Supermarket Chain Profiles”. If you would like a copy of these reports please email: [email protected] KEY UK RETAIL OUTLETS Catalogue/Mail Order Stores Lakeland Lakeland Alexandra Buildings Windermere Cumbria, LA23 1BQ Tel: +44 15394 88100 Website: www.lakeland.co.uk Predominately a mail order business, sending catalogues to over one million households in the United Kingdom. Range of products including all kitchenware, from plastics to stainless steel to a range of specialist food items. Also have 67 retail outlets based in the UK. Confectionery Stores Cybercandy Cybercandy Ltd 3 Garrick Street Covent Garden London, WC2E 9BF Tel: +44 845 838 0958 Website: www.cybercandy.co.uk Wide range of US candy, drinks, cookies and breakfast cereals, sold mostly through internet sales. Six retail stores, four in London and one each in Brighton and Birmingham. Delicatessens Panzers Panzers 13-19 Circus Road, St. John’s Wood London NW8 6PB Tel: +44 20 7722 1496 Website: www.panzers.co.uk A family run delicatessen in St. -
Retailing in the United Kingdom – a Synopsis
View metadata, citation and similar papers at core.ac.uk brought to you by CORE provided by Stirling Online Research Repository Retailing in the United Kingdom – a synopsis Steve Burt †, Leigh Sparks †† and Christoph Teller ††† Institute for Retail Studies, University of Stirling †…Institute for Retail Studies, Stirling Management School, University of Stirling; FK9 4LA Stirling, Scotland, United Kingdom, Tel: + 44 (0) 1786 467399; Fax: + 44 (0) 1786 464745; E-Mail: [email protected]; ††…Institute for Retail Studies, Stirling Management School, University of Stirling; FK9 4LA Stirling, Scotland, United Kingdom, Tel: 44 (0) 1786 467386; Fax: + 44 (0) 1786 465290; E-Mail: [email protected] †††…[corresponding author] Institute for Retail Studies, Stirling Management School, University of Stirling; FK9 4LA Stirling, Scotland, United Kingdom, Tel: +44 (0) 1786 46 6454; Fax: +44 (0) 1786 46 5290; E-Mail: [email protected] Submitted to European Retail Research in January 2010 Retailing in the United Kingdom – a synopsis Abstract This paper illustrates the structure of, and trends in, the retail market of the United Kingdom (UK). This industry analysis describes the retail environment compared to continental Europe and considers the regulatory issues which have helped form this retail environment. By using secondary data we describe concentration and consolidation tendencies and explain specific features of the UK retail market. Major trends are identified and discussed, concluding with an outlook on future developments. Keywords: United Kingdom, Retail Structure, Industry Analysis 1. Introduction 1.1. Retailing in the United Kingdom and Europe In a number of ways retailing in the United Kingdom of Great Britain and Northern Ireland (in the following United Kingdom (UK)) appears to operate differently from the general pattern in continental Europe. -
Dynamic Capability at Lotte Shopping* Abstract
Eugene J. S. Won / Journal of Distribution Science 16-10(2018) 5-21 5 Print ISSN: 1738-3110 / Online ISSN 2093-7717 http://dx.doi.org/10.15722/jds.16.10.201810.5 Pioneering the Distribution Industry in Korea: Dynamic Capability at Lotte Shopping* Eugene J. S. Won** Received: August 30, 2018. Revised: October 20, 2018. Accepted: October 10, 2018. Abstract Purpose – This case study reviews the development history of Lotte Shopping, which has played a key role in modernizing Korea’s retail industry. Research design, data, and methodology – Lotte Shopping’s expansion to various channel types has been reviewed from the perspective of the resource-based view of strategy. The opening of Lotte Department Store in 1979 signaled the beginning of the modernized distribution system in Korea. Lotte Shopping expanded its business domains to various types of retail channels, such as discount stores, online shopping malls, TV home shopping, convenience stores, supermarkets, home appliances specialty stores and health & beauty stores. Results – Lotte Shopping has been able to maintain high level of customer satisfaction with leading merchandising skills. It has developed mutually beneficial relationship with the partner firms. It has also been a leading firm in implementing corporate social responsibility activities and environment-friendly management. Lotte Shopping has applied advanced information and communication technology to provide customized goods/services. Conclusions – This study summarizes the business environment and new challenges Lotte Shopping faces currently. Lotte Shopping is trying to reinforce the omni-channel strategy, which can create synergy among various distribution channels based on its core competences. Keywords: Lotte Shopping, Lotte Department Store, Lotte Mart, 7-Eleven, Lotte Super, Omni-Channel Strategy.