Retail Leaders Forum - Hong Kong & Seoul 2014
Leaders from Boots, Sainsbury’s and Tesco joined the Forum for the trip to Hong Kong and Seoul. The forum now included Drug retailers in recognition of the channel blurring of Convenience, Drug, Health & Beauty and Food retailers. Hong Kong and Seoul are two of the top three – with Tokyo – Health & Beauty innovation markets.
Our hosts were Convenience Retail Asia, Dairy Farm Group and SaSa in Hong Kong and BGFretail, Lotte Group, CJ Olive Young and Tesco in Seoul.
The efficiency of small spaces and the transport hub store formats were two of the big convenience insights. The ‘waterfalls’ of new product innovation in both Hong Kong and Seoul Health & Beauty stores was a massive eye-opener. Snail mucus facemasks were the big hit!