Japan news

27 March 2013
Walmart has announced plans to test in-store lockers for products ordered online in the US. This was among a number of new initiatives highlighted at its e-commerce media day held at its global e-commerce head office in San Bruno, California. Lockers offer added convenience The test of the lockers forms part of a broader plan by Walmart to integrate its physical stores with its online ...
12 March 2013
Costco’s second quarter sales, for the 12 weeks to February 17, increased by 8.2% to $24.3bn, with comparable store sales (excluding the impact of fuel and currency), up 5%. Net income attributable to Costco increased by 38.8% to $547m. A resilient model despite economic headwinds Costco delivered a strong set of results for the quarter, despite the headwinds of higher payroll taxes and ...
28 February 2013
Following the addition of nearly 5,000 new stores in 2012, 7-Eleven's global network is set to reach 50,000 stores by the end of the first quarter. A leading global convenience network The overseas convenience operations of Japan's Seven & I Holdings are managed by subsidiary 7-Eleven Inc., based in Texas, US. A network of licensed, franchised and self-operated stores covers sixteen mar...
14 January 2013
Japanese retailer Seven & i reports 5.3% growth in total Group sales to JPY 6.3 trillion in the nine months ending November 2012. Strong performances in convenience markets at home and abroad continue to be key growth drivers. Organic growth and acquisitions In the nine month period, Seven-Eleven Japan saw same store sales increase 1.6% year-on-year. Alongside 778 new store openings, thi...
09 January 2013
Japanese convenience retailer Lawson announced growth in operating revenue of 3.2% to JPY 372,266m for Q3 2012. This was achieved in challenging trading conditions both at home and in its key overseas market, China. Strategies for growth in a challenging domestic market Facing the challenges of deflation and increasing competition in its domestic market, Lawson is focused on improving stor...