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Krishna Peri
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Gilbarco Veeder-Root · Vontier

· Convenience Store Retail

Juxta

Frictionless Convenience Retail

TAM identified
$3.2BN
Retailers interviewed, NA + EU
34+
Concepts validated to build
1 of 3

Challenge framing

"How might we deliver the next generation of the convenient experience for consumers in a way that brings convenience closer to their daily lives?"

Where we want to play

Convenience is shifting toward the consumer, rapidly and permanently.

Everlasting shift

Slow, incremental shifts

Frictionless becomes a necessity
Convenience makes its way to the consumer
Keep marginalizing the store manager
Labor must pivot to meet the demands of the future c-store

Rapid, widespread shifts

Return to pre-pandemic levels

Who we spoke to: North America

North America

Breeze ThruMaplefieldsThe HubEnergy North GroupEncoreMurphy USACircle KLittle Short Stop StoresGolden PantryKars PetroLandmark IndustriesTerrible'sTom ThumbUnited Pacific

...and in Europe

United Kingdom

Your Co-opA.F. BlakemoreMorrisonsSpend n' SaveFrasers GroupValli ForecourtsScotmid Co-opMcColl's Retail GroupThe Co-operative (Central England)Applegreen

Germany, Norway, Spain, Sweden, Lithuania

Circle KQStarGalp EnergiaReitangruppenQ1Tamoil

Italy

AquilaSISocogasSMPEnerGasQ8

UAE

ADNOC

Testing the solutions

Three concepts tested in parallel as potential supporting technologies for "Micro-Convenience in a Box," and as standalone propositions in their own right, to gauge relative importance and keep pivot options open.

Solution 1

A low capital, low risk way for a retailer to open up in new locations closer to the consumer, significantly reducing labor costs and allowing for higher margins and faster payback.

Solution 2

EZ Out, a frictionless checkout solution.

Solution 3

Optimise, a range and pricing optimization solution.

Concept wireframes

Wireframes for Micro-Convenience in a Box, EZ Out, and Optimise concepts

The three concepts as tested: Micro-Convenience in a Box, EZ Out, and Optimise.

The winning concept

We quickly narrowed our focus to one: "Micro-Convenience in a Box" resonated most heavily during testing with customers and experts.

What stakeholders told us

Frederick Beckmann, CEO, Q1 Energie AG (Germany)

"I definitely see the market need for this product."

Mark Smith, VP Retail, Breeze Thru (US)

"Stores are getting more and more expensive. If you can find a modular model in a prefab package, I think that’s a hell of an idea."

Jerry Marwood, MD, A.F. Blakemore (UK)

"This is a really good idea. This would allow us to go to places we don’t normally go to."

Product brief

@MICRO micro-retail environment render with feature callouts

Enabling the Micro-Retail environment: Autonomous, Portable, High ROI, Turn-Key, Low CapEx, Optimized, Integrated, 24/7, and an Intelligent Retail Data Hub.

Product roadmap

Four workstreams, phased across Build to Learn, Build to Validate, and Build to Scale.

1

1-6 months

Build to Learn

  • Integrated Technology: autonomous technology landscape mapped, integration scoped and tested; customer backend systems identified and scoped.
  • Renewing Consumer Experience: mapped consumer journeys within the unmanned and mobile environment.
  • Low-cost Operating Model: definite BOM, high-level assembly-project outline, store operating plan, and location solar-panel opportunities identified.
  • Intelligent Retail Data Hub: scoped foundation for the intelligence hub; tested location-optimization and consumer data sources.
2

6-18 months

Build to Validate

  • Integrated Technology: pulled capabilities in-house, reduced software-partner reliability, defined Age-Verify tech integration.
  • Renewing Consumer Experience: integrated cash, parcel pick-up, and sustainable transport offerings.
  • Low-cost Operating Model: identified energy-saving opportunities and productized remote-support offering.
  • Intelligent Retail Data Hub: productized the Retail Data & Intelligence Hub, scoped store profitability dashboard.
3

18-36 months

Build to Scale

  • Integrated Technology: in-house capabilities integrated to Customer Loyalty solutions, SAAS capabilities for external integrations.
  • Renewing Consumer Experience: additional personalized services positioning @MICRO as a destination.
  • Low-cost Operating Model: remote support center in place, external supply chain solutions and partners located.
  • Intelligent Retail Data Hub: PriceAI/RangeAI in place, mature infrastructure for large-scale operations.

Competitor landscape

Mapped by retailer size and degree of integration, from point solutions to turn-key. A clear white-space opportunity emerged in the mid-tier, turn-key quadrant.

Large retailers

Point solution: Amazon, Circle K, REWE. Turn-key: Zabka, Galp, Bingo Box, REWE.

Mid-tier retailers

Point solution: MAPCO, Giant Eagle. Turn-key: white space.

Small retailers

Turn-key: avec box, boxy, LIFVS.

White-space opportunity

  • Large retailers likely want their own tech and POS systems, not ruling them out, but a smaller opportunity.
  • The mid-tier is our target market: likely to want a turn-key solution and have enough stores to scale.
  • Small retailers are a low-cost entry into entrepreneurship, but less attractive since selling one box at a time is more effort.

Market sizing

TAM, SAM, and SOM across the U.S. and Europe.

$3.2BNTAM

Total addressable market: US & Europe, 8,923 stores, ~1% of retail square footage.

$1.22BNSAM

Serviceable available market: US & Europe, 3,340 stores.

$0.36BNSOM

Serviceable obtainable market: US & Europe, 1,002 stores.

By 2032, micro-retail is projected to capture 10% of the convenience-store market’s growth.

Voice of Customer and community

Alongside the product work at Vontier, I built the research and design infrastructure around it.

  • Led the VOC (Voice of Customer) process end to end: data synthesis, pain-point gathering, value propositions, and prototypes.
  • Built a VOC playbook repository segmented by phase: ideation, incubation, acceleration.
  • Founded and ran a cross-OpCo UX community spanning Teletrac Navman, DRB, Gilbarco Veeder-Root, and Matco Tools, with channels for design critique and knowledge sharing.
Open to senior & staff roles

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