Goto

Collaborating Authors

Chinese Convenience Stores to Usher in Golden Era With AI, Report Says

#artificialintelligence

With artificial intelligence applications in the retail industry, China's convenience stores have great market potential and will usher in a golden era, per a report the China General Chamber of Commerce released today.


Tesla might build convenience stores at its charging stations

Engadget

Tesla plans to roll out more electric supercharging stations this year, especially in big cities, which should double the size of its network. But even with more places to juice up your Tesla, it still takes far longer to refill an EV than gassing up a fossil fuel-powered car. But the electric vehicle maker is considering adding small convenience stores to the stations so you can relax and refuel yourself while you wait. As Grub Street noted, earlier this week at FSTEC, the food tech conference, Tesla's CTO JB Straubel mentioned that folks are already spending time waiting for their cars to charge -- why not make their stay a little more comfortable? "People are coming and spending 20 to 30 minutes at these stops," waiting for their Teslas to suck up electric power, Restaurant Business quoted Straubel saying at the conference.


Japan convenience store sales rose in August for first time in three months

The Japan Times

Japan's convenience store sales rose 0.8 percent in August from a year earlier for the first increase in three months as temperatures helped boost sales of beverages and ice cream, an industry body said Friday. Same-store sales at seven major convenience store operators totaled ¥936.3 billion ($8.7 billion), according to the Japan Franchise Association. The number of customers declined for the sixth consecutive month, down 2.5 percent, due partly to poor weather in the latter half of the month, while average spending per customer grew for the 10th straight month as consumers tended to buy food in bulk before typhoons approached. A rise in temperatures also pushed up sales of department stores in the month, up 2.3 percent from a year earlier on a same-store basis, as sales climbed for the first time in five months due to brisk purchases of summer clothes, the Japan Department Stores Association said. There was solid demand for luxury items, such as kimono, as customers made last-minute buys ahead of a planned consumption tax hike in October, according to the association.


No Carts, No Cashiers: Amazon Opens Brick-And-Mortar Convenience Store

NPR Technology

Amazon opened its new brick-and-mortar convenience store to the public on Monday in Seattle. There are no carts or cashiers, and it's BYOB situation, meaning customers have to provide their own bags.