IGD is a training and research charity.
We’re proud to help launch the world’s first Food Waste Reduction Roadmap in partnership with WRAP. The Roadmap sets out a clear path we should all follow collectively to tackle UK food waste wherever it occurs.
Retail Analysis is your window on the world of retail, providing insights on retailers, countries, stores and trends.
Our team of retail experts track the latest industry trends, deliver and analyse key news, and visit retailers and their stores around the world to provide you with commercial insights that will help you build stronger plans and work more effectively day-to-day.
Digital retail models of the future
Our new research examines how data and technology are transforming retail business models.
Better understand what’s influencing grocery shoppers today, with insight on this means for future behaviour both pre-shop and in-store. We talk to thousands of British grocery shoppers each year. We explore their behaviour, missions, sentiment and preferences across a range of different key industry themes and topics.
Shoppers of the future
Future-proof your business now to win with shoppers in 2025.
Use your supply chain to be more efficient, improve capability and grow your company. Supply Chain Analysis gives you the latest insight, case studies and thought leadership on how to build a successful supply chain.
Supply Chains for Growth
Download our report to understand how supply chain excellence will be a source of growth and value for the future.
Insight and capability to successfully trade in Asia's FMCG markets
Asia Trends 2019
Our top five trends shaping the Asian retail market and influencing retailer strategy over the next year and beyond.
Most visited retailers
City GuidesView All
South Korean conglomerate Lotte Group is looking to sell some of its department stores in China, edging closer to exiting the market completely.
The retailer currently operates five department stores in China. Lotte department stores in Tianjin and in Weihai, Shandong Province are likely to close first, while stores in Shenyang and Chengdu in Sichuan province are expected to operate a little longer. Sales at Lotte's department operations in China fell 22% to KRW76bn (US$68m) last year, resulting in KRW70bn in operating losses.
Since March last year, the impact of THAAD has been widely reported, as has consumer sentiment towards Korean products and retailers. The retailer's supermarket business Lotte Mart, for example, has 14 stores remaining after selling its operations in Beijing and Shanghai.
Lotte has launched a new department in charge of the Group’s online businesses in South Korea. The move is part of a plan to capitalise on the country’s fast growing online market. Only three months ago, Lotte outlined its ecommerce investment plans over the next five years, targeting KRW20tn (US$15.2bn) in sales by 2022. The new ecommerce department has approx. 1,400 employees, and has plans to launch a mobile app in 2020 to provide optimised services supported by Big Data.
Meanwhile, Lotte Duty Free, the retailer’s duty-free business has closed its operations at Incheon International Airport. It decided to return three of its four money-losing concessions at the country’s main gateway in February. Lotte is now redirecting its attention by investing in downtown duty-free stores, overseas expansion and online services
Sign up here for our free newsletter to get the latest updates on Asia