Japan news

22 February 2019
Chinese ecommerce giant JD.com is partnering with Rakuten on delivery in Japan. JD.com's drones will become a part of Rakuten's own unmanned delivery services. JD.com's drones JD.com has been developing and operating drones in China for a few years. It has been expanding in other Asian countries, such as Indonesia, where JD.com completed its first government approved drone flight. Its unman...
20 February 2019
Walmart released its fourth quarter and fiscal year 2019 results this week. The company finished the year with good momentum and is pleased with its performances in international markets. Walmart’s key numbers Walmart's total revenue in Q4 increased by 1.9% to US$138.8bn US comp store sales increased by 4.2%, and by 6.8% on a two-year basis, the strongest in nine years Sam's Club c...
15 February 2019
FamilyMart plans to open an additional 300 stores across Malaysia.  Room for growth in convenience channel QL Resources, the operator of FamilyMart Malaysia, has reaffirmed its plans to open an additional 300 stores in Malaysia. The retailer opened 30 stores in the country during the previous financial year and another 90 stores in this financial year, ending 31 March 2019. Chia Song Kun...
15 February 2019
American manufacturer and distributor Avery Dennison has announced that it will work with the Japanese government to drive RFID technology roll-out in convenience stores across Japan. Roll-out across Japan by 2025 We have already seen some of the leading convenience operators, e.g. Lawson launch new style checkouts in recent years. This latest announcement should help accelerate the roll-ou...
06 February 2019
FamilyMart is launching a discount meals program in over 2,000 stores across Japan. FamilyMart children's restaurant Famima Kodomo Shokudo (FamilyMart children’s restaurant) aims to support low-income families with discounted meals. The new initiative will allow children and their parents access to meals, desserts and beverages at prices of JPY100 (US$0.9) for elementary school pupils, and ...
05 February 2019
FamilyMart has launched its first laundry-convenience store in the Sanchong District of New Taipei, Taiwan. A multipurpose convenience store FamilyMart's new laundry convenience store, which opened last month, operates approx. 140 sq m. The store is fitted with five all-in-one washer-dryers, a service support/payment counter, an area for daily consumables, cigarettes, and more. The retailer...
04 February 2019
Lionel Desclée has been appointed as the new CEO at Seiyu, one of the largest supermarket chains in Japan. New Seiyu CEO from 15th March From 15th March, Lionel Desclée will takes over from Mitch Slape (interim CEO) as the new CEO of Seiyu. Desclée left management of Tom & Co earlier this year, but he remains a shareholder and member of the board. Walmart invested in Seiyu back in ...
11 January 2019
We round up the latest trading updates and news for Japan's four largest retailers. Seven & i posts 13.2% increase in revenue Seven & i Holdings has released a strong set of Q3 results, posting a 13.2% increase in operating revenue to JPY5,072.3bn, with operating income up 2.9% to JPY304.2bn. Revenue from its domestic CVS operations grew modestly at 2.9%, with existing stores rising for the...
03 January 2019
FamilyMart UNY has failed to secure enough shares to make Don Quijote an affiliate. The discount operator, however, will proceed with its plan to make UNY a fully owned subsidiary. Businesses will continue to share strengths and know-how In the deal announced in October , FamilyMart UNY was to purchase a 20.17% stake in Don Quijote. FamilyMart UNY has released a statement to confirm t...
20 December 2018
The retailer has opened a store in Tokyo with unmanned checkout counters equipped with facial recognition technology. NEC developed technology The facial recognition system was developed by technology giant NEC Group. The store is located inside a NEC building and can only be used by NEC employees at this stage. To enter the store premises, customers must show their company ID or have th...