Are Cheers And 7-Eleven Taking On Hawker Outlets?
Singapore Business Review|December 2016 - January 2017

Singapore’s convenience stores now offer premium meals and are trialling self-service checkouts to cope with the debilitating manpower crunch.

Kiersnerr Gerwin Tacadena
Are Cheers And 7-Eleven Taking On Hawker Outlets?

The two biggest convenience store chains in Singapore recently launched new technologies to compensate for their staffing needs and increase productivity. 7-Eleven Singapore, which has 438 stores island-wide and processes 9m transactions monthly, is in the midst of launching 7-Connect Kiosk, a self-help machine for quicker and more efficient bill payment.

They also employed tap-and-go payment such as PayWave to reduce cash transactions.

Store transformations

Steven Lye, 7-Eleven Singapore chief operating officer, explains why such improvements are being rolled out. He says, “Understaffing is a constant issue within any retail industry. We are in the process of implementing pertinent services such as a self service check out kiosk and bill payment kiosks.”

Lye shares that 7-Eleven is in the process of retrofitting its stores to be more contemporary, and new outlets will include dining areas and parcel collection points. “We have also refreshed our stores with a fresh and brighter look. Some of the larger stores also have seating or standing areas for customers to consume their meals in-store,” Lye says.

Putting seating areas and tables inside convenience stores is popular in countries like the Philippines where more food is served up, but is relatively new to Singapore.

As a result of the new designs, future 7-Eleven stores will need a footprint of at least 800 sq ft. This could mean that smaller hole in the wall convenience stores will be under pressure.

The ease and woes of automation

This story is from the December 2016 - January 2017 edition of Singapore Business Review.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

This story is from the December 2016 - January 2017 edition of Singapore Business Review.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

MORE STORIES FROM SINGAPORE BUSINESS REVIEWView All
How TikTok powers cross-border shopping for Singapore retailers
Singapore Business Review

How TikTok powers cross-border shopping for Singapore retailers

The yellow basket feature allows viewers to purchase items directly during livestreams.

time-read
3 mins  |
Issue No. 109
Income Insurance seeks to fill billion-dollar financing gap in climate transition
Singapore Business Review

Income Insurance seeks to fill billion-dollar financing gap in climate transition

The region skimmed its carbon intensity by 2.8%, far below the 17.2% needed.

time-read
3 mins  |
Issue No. 109
SIDS fights misconceptions in interior design with accreditation, education
Singapore Business Review

SIDS fights misconceptions in interior design with accreditation, education

The organisation is setting up a digital platform to speed up accreditation from 6 to 2 months.

time-read
3 mins  |
Issue No. 109
IHH's proton therapy takes aim at tumours with precision and low risk
Singapore Business Review

IHH's proton therapy takes aim at tumours with precision and low risk

Leaving surrounding organs at risk during cancer treatment might become a thing of the past.

time-read
2 mins  |
Issue No. 109
SingPost pivots from mail to logistics as e-commerce demand drives growth
Singapore Business Review

SingPost pivots from mail to logistics as e-commerce demand drives growth

It is banking on e-commerce to drive its logistics unit, which accounts for 69% of revenue.

time-read
3 mins  |
Issue No. 109
Singapore needs SEA neighbours to power renewable energy transition
Singapore Business Review

Singapore needs SEA neighbours to power renewable energy transition

Experts favour Malaysia and Indonesia as renewable energy import sources.

time-read
2 mins  |
Issue No. 109
Singapore's architecture blueprint spurs push to tackle brain drain in other sectors
Singapore Business Review

Singapore's architecture blueprint spurs push to tackle brain drain in other sectors

Paying the country's architects just right will hopefully stop the brain drain.

time-read
3 mins  |
Issue No. 109
Millionaires eye a piece of Singapore's rich colonial era
Singapore Business Review

Millionaires eye a piece of Singapore's rich colonial era

The country's remaining 6,500 shophouses are in high demand amongst the ultra-rich.

time-read
3 mins  |
Issue No. 109
HDB resale portal unlikely to cut out property agents
Singapore Business Review

HDB resale portal unlikely to cut out property agents

The portal enables sellers to list their units themselves.

time-read
3 mins  |
Issue No. 109
Factory and retail spaces shine as housing heads for worst market slump in 16 years
Singapore Business Review

Factory and retail spaces shine as housing heads for worst market slump in 16 years

Its manufacturing and tourism rebound will spur demand for industrial and high-street shops.

time-read
4 mins  |
Issue No. 109