FROM FACE TO PALM: 7-ELEVEN CEO TALKS TECHNOLOGY JOURNEY

When rolling out facial recognition payment systems in its stores in Guangdong, southern China, 7-Eleven discovered a problem: if someone completing a transaction bent over to get something out of their carry bag, the customer standing behind could end up paying the bill. Danni Peirce, CEO at DFI Retail Group’s 7-Eleven business, whose remit includes stores across Guangdong, told delegates at the recent NRF Apac convention in Singapore the problem was resolved by switching from facial recognition to palm recognition. Since September, contactless palm payment has been introduced in partnership with WeChat into 1700 stores already: the customer just raises their hand in front of a scanner and they’re good to go. No more unexpected grocery bills for customers waiting in line. The introduction of facial recognition and its somewhat rapid replacement by plam scanning reflects what Peirce describes as a high degree of digital savviness in Mainland China, where…

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7-ELEVEN UPCYCLES UNIFORMS IN TEXTILE WASTE INITIATIVE

7-Eleven Australia’s latest initiative to reduce textile waste going to landfill focuses on recycling old uniforms. The convenience chain is working with Loop Upcycling (Loop) to turn textiles into stretch fabric beanies. Julie Laycock, general manager – customer at 7-Eleven, said “Having identified old uniforms and other textiles, and learning from Loop Upcycling what the fabrics could be turned into, we collaborated with our community partners The Salvation Army and AMES Australia to determine what would be most useful for their clients.” The beanies were donated to people experiencing homelessness, winter power bill challenges, as well as new migrants and refugees facing a cold Melbourne winter. This collaboration has saved more than 143kg of clothing from landfill. Franco Randazzo, Loop Upcycling CEO, said “Many of the participants who produced the beanies have themselves been supported by organisations like The Salvation Army or AMES Australia. “For them to have the chance…

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AACS WELCOMES STRONG COALITION POSITION AMID LABOR’S CHAOTIC VAPING POLICY SHAMBLE

Following the Federal Government’s forced admission of failure over its own vaping Bill – and amid Labor’s chaotic attempt to make policy-on-the-run – the Australian Association of Convenience Stores (AACS) has welcomed the Coalition’s strong stance to strictly regulate vaping to crack down on crime and keep dangerous and toxic illicit vapes out of the hands of Australian children. AACS CEO Theo Foukkare said the Coalition’s announcement that it would adopt a similar, strictly regulated model to other Western Countries is exactly what the majority of concerned Australian voters want, as the nation grapples with an insidious and out-of-control black-market that is behind the country’s youth vaping crisis. “The Coalition’s commitment to adopt a strictly regulated licensed retail framework for the sale of vapes – in the same way that tobacco and alcohol sales are managed – follows best practice models that are already established in other comparable countries, which…

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SENATORS URGED TO VOTE DOWN LABOR’S PRO-BLACK-MARKET VAPE BILL

The Australian Association of Convenience Stores (AACS) is calling upon Senators to vote against the Albanese Government’s failed prohibition vaping laws and instead strictly regulate vapes for adults only, like alcohol and tobacco. AACS CEO Theo Foukkare said the overwhelming driver of Australia’s youth vaping crisis is Labor’s existing vaping ban, which has led to over 120 million illegal vapes being sold each year by criminals through the black market who don’t care what they are selling, where they are selling and who they are selling to. “Prohibition of a mainstream adult consumer product like alcohol or tobacco in any country has always led to the creation of an out-of-control black market enriching criminals, wasting taxpayer dollars and introducing crime into our communities.” Mr Foukkare said. “Strictly regulating and controlling vaping products for adults-only has been shown to reduce youth vaping rates by more than 65 per cent in the…

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EG GROUP AGREES TO DIVEST ITS REMAINING UK FORECOURT BUSINESS TO CO-FOUNDER ZUBER ISSA FOR £228M

BLACKBURN, UK: June 7, 2024 – EG Group has today confirmed that it has agreed to sell its remaining UK forecourt business and certain standalone foodservice locations for a headline consideration of £228m to co-founder Zuber Issa. On completion of the transaction, Zuber will step down as Co-CEO of EG Group, with Mohsin Issa continuing to lead the business as sole CEO. Zuber will retain his existing shareholding in the company and remain on the Board as a Non-Executive Director. TDR Capital and Mohsin’s shareholdings in EG Group also remain unchanged. Lord Stuart Rose, Chairman of EG Group, said: “On behalf of the Board of EG Group, I would like to thank Zuber for his incredible leadership, which has been central to building one of the largest and most entrepreneurial private companies in the UK. EG Group is a UK success story on the global stage that has created significant opportunities…

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FOXTROT TO MAKE ITS RETURN THIS SUMMER

CHICAGO — Don’t count Foxtrot out just yet. The retailer is expected to open some stores this summer. “A new Foxtrot with some old friends. Coming soon,” said a note posted to Foxtrot’s Instagram account on June 5. Additionally, a spokesperson told NBC Chicago that Foxtrot cofounder Mike LaVitola plans to open several locations in Chicago, Dallas and Austin this summer. The news comes roughly six weeks after Foxtrot suddenly shut down operations in late April. The move followed a merger with Dom’s Kitchen & Market under a new entity, Outfox Hospitality, as Convenience Store News previously reported.  The closure affected 33 Foxtrot locations and two Dom’s grocery stores in the Chicago; Washington, D.C.; Dallas and Austin, Texas, markets. “This decision was not made lightly, and we understand the impact it will have on you, our loyal customers, as well as our dedicated team members,” the retailer stated on April 23. “We want to express our…

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