Japan news

15 October 2018
Seven & i has recorded a 8.2% increase in total Group sales to JPY5,950bn, with operating profit rising 2.6% to JPY199,610bn year-on-year for the six months ending 31 August.  7-Eleven Japan's revenue up 2.9% Domestic convenience store operations recorded a 2.9% increase in revenue to JPY486,243m year-on-year (yoy). 7-Eleven Japan's key growth measure, existing store sales, increased 1.4% i...
12 October 2018
FamilyMart UNY and Don Quijote are set to deepen their existing partnership in Japan. The deal Japanese discount retailer Don Quijote is planning to acquire the remaining 60% stake of UNY, after it had acquired 40% stake last year , to fully control the general merchandise store business. In exchange of UNY hypermarkets, FamilyMart UNY will acquire 20.2% stake in Don Quijote. The deal ...
22 August 2018
AEON Stores Hong Kong, which operates stores in Hong Kong and on mainland China has posted a 6.7% increase in sales revenue to HKD4.9bn (US$628m) for the first half. Record sales, but profitability remains a challenge AEON Stores Hong Kong's sales revenue reached a record high for the first half ending 30 June, but high operating costs continued to impact profitability. The Group's profit b...
14 August 2018
Lawson, the third largest convenience store chain in Japan, has launched 17 in-store healthcare corners to allow customers to consult with health experts and specialists. In-store consultation services In 17 stores in Japan, Lawson has installed a consultation desk (partnering Medical Corporation Tatsuoka) to provide free advice on nursing care, nutrition, health and wellbeing. Tailored on-...
25 July 2018
7-Eleven has opened its second unstaffed convenience store in Taiwan. Successful trial... After testing the first store of its kind six months ago, President Chain Store Corporation, operator of 7-Eleven in Taiwan has opened its second unstaffed X-Store in Taipei. The new store is located in Xinyi District, and utilises facial recognition or a iCash 2.0 card to recognise customers. ...
23 July 2018
Philippine Seven Corp., operator of 7-Eleven in the Philippines continues to expand its store network across the country. 3,000 stores by 2020 7-Eleven Philippines recorded a sales growth of 18.2% to PHP37.5bn (US$701.3m) in 2017. This was mainly driven by store network expansion, with the retailer adding 290 stores to reach 2,285. For the first half of this year ending June, 7-Eleven reach...
12 July 2018
Japan's four largest retailers, Seven & i Holdings, FamilyMart UNY, AEON and Lawson, have posted their results for the first quarter. Seven & i Holdings: steady at home, soaring overseas Seven & i recorded a 6.6% increase in total group sales to JPY2,851bn (US$25.6bn), with operating profit rising 2.7% to JPY86.3bn (US$774.7m) year-on-year for the three months ending 31 May.  Domestic co...
28 June 2018
Japan's third largest convenience chain, Lawson, has announced that it will end home delivery service on 31st August. Lawson Fresh ending home delivery Lawson Fresh, a members-only online portal will end home delivery amidst rising costs for Lawson to maintain the service. Launched in 2013, the service carries over 13,000 products, including fresh food, grocery items and heavy and bulky pro...
22 June 2018
Japanese conglomerate AEON has opened a second mall in Cambodia. Largest AEON mall in SEA Just less than a year ago, AEON announced plans to open a second mall in Cambodia. This is now officially open, located in the country's capital Sen Sok district. The new mall is the retailer's largest shopping mall (70,500 sq m) in Southeast Asia (SEA). After attracting 18m people within three ye...
19 June 2018
Costco Japan has announced plans to launch an online store next year. New online store in 2019 Costco's new ecommerce service will aim to capitalise on growing popularity of online shopping in Japan. It will be particularly relevant to those looking to purchase in bulk, taking advantage of home delivery for heavy but essential items such as water and rice. Full details of the service suc...