Japan news

21 January 2021
Amongst all modern retail channels, the impact of COVID-19 from a global perspective, has varied the most in convenience. The channel, however, continues to offer a massive opportunity for retailers and suppliers globally, benefiting from longer term consumption trends such as smaller households and more consumers shopping locally. With this in mind, we have identified five themes that we expect ...
21 January 2021
Seven & i Holdings, Aeon and Lawson have posted their Q3 results for the nine months ended November 30, 2020. Summary and our view On January 7, 2021, the Japanese government declared a state of emergency in Tokyo and three surrounding prefectures. The Q3 results do not reflect this latest announcement, the Christmas trading period, nor the recent snow storms, but show the continued negativ...
21 January 2021
To cope with fewer employees in its stores, Aeon Japan will introduce self-checkouts this year and it has also started using UV-based sanitisers for its shopping baskets. Cost to implement self-checkouts is less than 10% of Amazon’s system Aeon will increase self-checkout registers that can read prices of items that customers purchase, through their smartphone app.  This new system will sta...
08 January 2021
One of the most common questions I get asked by businesses, is how will my market develop over the next few years. While there remains uncertainty over what the next 12 months will look like, there is a strong sense of optimism that 2021 will be a year to rebuild, but also capitalise on the opportunities that have arisen in the ‘new normal’ across Asia. With this in mind, we have identified five ...
04 January 2021
We round up the latest developments from Japan, focusing on 7-Eleven and FamilyMart. 7&i focusing on driving omnichannel sales 7-Eleven Japan’s operating model focuses on market concentration, being close and convenient to its customers. The retailer has been, however, in recent years, shifting its strategy, slowing down expansion and strengthening its delivery and pick-up services. This no...
24 November 2020
The world’s largest convenience chain 7-Eleven continues to drive innovation. We provide the latest trading updates from U.S, Australia and Japan. U.S: 7-Eleven opens fifth Evolution Store 7-Elven has opened its second Evolution Store in Dallas and the fifth in the country. Located at 9750 Walnut Hill Lane, the new store features Laredo Taco Co., self-serve beverages on tap, fresh bakery, m...
16 November 2020
Walmart, KKR and Rakuten have signed an agreement that will change the ownership structure of Seiyu in Japan. New ownership structure In a deal worth JPY172.5bn (approx. US$1.6bn), KKR will acquire 65% majority stake in Seiyu, Rakuten will acquire a 20% stake, through a newly created subsidiary, and Walmart will retain 15%. The transaction is subject to regulatory approvals and is expected ...
10 November 2020
Monthly data updates from the three largest convenience chains in the world, 7-Eleven, FamilyMart and Lawson, focusing on sales, customer footfall and average customer spend in Japan.  FamilyMart post positive monthly all store sales, but only due to new stores For October, FamilyMart posted positive monthly all store sales for the first time this fiscal year. However, this was due to the r...
14 October 2020
Japan's four largest retailers, Seven & i Holdings, Aeon, FamilyMart and Lawson, have posted their H1 results for the six months from March 1 to August 31, 2020. Summary and our view The big four’s H1 results continue to show the negative impact of COVID-19 has had on convenience retailing in Japan. Average spending per customer at convenience stores has increased, but this has not been eno...
14 October 2020
East Japan Railway Co. (JR East) is planning to open 100 automated convenience stores over the next four years. Expansion of cashless stores Following the outbreak of COVID-19, plans to expand JR East’s unstaffed convenience store concept have accelerated. The company launched the first cashless NewDays convenience store at its Musashisakai Station (Tokyo) last year. In March, it then lau...