Japan news

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...
07 September 2021
We bring you the latest news on Metro Group’s international activities. Metro Austria acquires Rewe’s wholesale stores The Austrian division of Metro has acquired nine wholesale stores belonging to Rewe, as well as its delivery business. Sales from the business were €125mn in 2019 and customers totalled more than 20,000. This move enables Metro to strengthen its presence in Austria and buil...
06 September 2021
COVID-19 has caused grocery retailers in Asia to scale up online business to compensate footfall decline in physical stores and enable shoppers to get items quickly, safely and conveniently. We at IGD have quantified growth opportunities, supported by five emerging trends. Growing at a CAGR of 20% between 2020 and 2022 Asia’s online grocery is growing fast. Total value in 2020 is around US$...
06 September 2021
7-Eleven plans to roll out on-demand home delivery in Japan nationwide by 2025. An ambitious target based on current progress  On-demand delivery services are currently available at 550 stores across Tokyo, Hokkaido and Hiroshima Prefectures. The retailer plans to have 1,000 stores activated by the end of February 2022. 7-Eleven will have to expand a much faster pace in the subsequent years...
09 July 2021
Seven & i Holdings, Aeon and Lawson have posted their Q1 results for the period ended May 31, 2021. Summary and our view The performance of Japan’s leading retailers in Q1 showed some signs of recovery. More shoppers are beginning to return to stores, while average baskets sizes are declining slightly compared to heighted levels since the pandemic. However, overall sales, especially from co...
18 June 2021
South Korean ecommerce giant Coupang has made its first international foray in neighboring Japan, a move that was supported by investor SoftBank. Offering its delivery service in Tokyo as a pilot project Coupang is testing its delivery service in selected locations in Tokyo. Same day delivery service will be available in the Nakanobu area as of this month. The company is now well establi...
02 June 2021
AEON has partnered with circular packaging startup Loop to sell products in refillable packs.  This launch across its 19 stores in Japan attempts to limit usage of single-use plastics in the country.    Sustainable and durable packaging: stainless steel or glass AEON is now encouraging its customers to avoid traditionally used disposable containers for the grocery items they consume daily. ...
20 April 2021
The convenience channel remains a great opportunity for growth. We have published a series of new reports for our IGD Retail Analysis subscribers: The convenience channel’s global outlook Global growth opportunities Multiformat retailers trading convenience stores Below are some of the key highlights to help you plan for the future... Use IGD’s view to drive change...
13 April 2021
Seven & i Holdings, Aeon and Lawson have posted their annual results for year ended February 28, 2021. Summary and our view 2020 was a very difficult year for Japan’s convenience industry. All of the leading retailers faced lower sales and customer visits. This was despite average basket size being larger than ever before. Returning to a growth trajectory is a priority for all convenience c...