Japan news

13 May 2022
Retailers and suppliers are taking small steps to invest in the metaverse in Asia. Get up to speed with the developments through this article and our report here . Indonesia: Alfamart convenience investing in the metaverse Alfamart is collaborating with an AR/VR company to bring the relevant technology to the business. Alfamart and WIR Group have been working together since 2015...
08 April 2022
As Uber Eats partners with bp in a global retail partnership and quick commerce pure play Getir raises another $768m, I round up the latest developments within quick commerce. bp and Uber sign global strategic partnership bp and Uber have signed a new global strategic convenience partnership. Together they plan to make more than 3,000 retail locations available on Uber Eats by 2025. The ...
21 March 2022
Circle K, Lawson and AmPm are bringing virtual experiences to its customers. We share the key highlights and our view on some of the benefits. Our view Metaverse provide brands a platform to learn and create moments of engagement, e.g. opportunities for promotions and games within this new space. Content and conversations with consumers will be quite different from social media. Businesses ...
14 March 2022
7-Eleven is testing a new payment solution at some of its stores in Japan. Not ‘just walk out’ technology, but a virtual touch screen The payment solution still requires shoppers to individually scan their items before paying. However, there is no LCD touchscreen. This has been replaced by a system developed by Toshiba called Digi POS that creates a virtual touchscreen, which projects in fr...
09 March 2022
People in Asia are becoming more aware of the environmental impact of excessive use of plastic bags, cutlery and straws. We look at what retailers and governments are doing in this area to attain sustainability goals in the region. 1. Foodpanda ramps up efforts to tackle sustainability challenges Foodpanda is the largest delivery platform in Asia outside China. According to the delivery ser...
07 March 2022
Costco’s net sales increased 16.1% in the second quarter, maintaining its strong pace of growth despite tough comparables from last year. Against this backdrop of growth, we look at how it is navigating cost and supply chain challenges. Q2 key numbers Net sales increased 16.1% to $50.9 bn Comparable sales (ex-fuel and currency impacts) up 11.3% in the US, 12.4% in Canada and 9.0% in o...
28 January 2022
Like in all regions, COVID has impacted the food and consumer goods landscape in Asia, altering shopping habits, forcing retailers to rethink their strategies and accelerating trends. With omicron and the pandemic continuing to dominate headlines globally, what does this mean for the grocery industry across Asia in 2022? We have pulled out five trends that we believe will continue to evolve at pa...
13 January 2022
Seven & i Holdings and Lawson have posted their Q3 results for the period ended November 30, 2021. Summary Seven & i Holdings and Lawson’s results continued to show further signs of recovery, with mobility and in-store activity increasing following the nationwide lifting of the COVID-19-related state of emergency in October 2021. Retailers are generally seeing more planned purchases and sho...
08 October 2021
Seven & i Holdings, Aeon and Lawson have posted their H1 results for the period ended August 31, 2021. Summary and our view The performance of Japan’s leading retailers in H1 have showed further signs of recovery. More shoppers are beginning to return to stores, while average baskets sizes are declining compared to elevated figures last year. Overall sales, especially from convenience st...
08 September 2021
Earlier this year, we outlined five global trends that will shape the convenience channel this year and beyond. Below are some case studies to show how convenience retail and technology are connecting further. Sweden: Pressbyrån opens unstaffed store in a hospital   Pressbyrån has opened its second unstaffed 24/7 Pressbyrån Go store, this time at Huddinge Hospital. In urban locations...