Japan news

19 February 2015
Walmart's net sales increased by 1.4% in the fourth quarter to $130.7bn, with sales in its US stores and Sam's Club divisions increasing by 4.1% and 1.3% respectively. International net sales were down 3.9%, impacted by currency. Consolidated net income attributable to Walmart increased by 12.1% to $5.0bn. For the full year, net sales increased by 1.9% to $482.2bn, with consolidated net income...
04 February 2015
Online shopping in Asia is growing rapidly, driving retailers to focus on new promotional events, stronger collaboration with trading partners and the development of logistics that are fit for future demand. China leads online shopping in Asia According to a report by Credit Suisse, 65% of Chinese consumers have made online purchases in the last six months, compared to 40% across markets s...
30 January 2015
Amazon’s annual report has revealed 2014 sales growth in its major markets of Germany, the UK and Japan. Strong growth for the UK and Germany In its largest international market in Germany Amazon’s sales grew by 13.1% in 2014 to reach US$11.92bn (€10.52bn). Meanwhile in the UK the company increased sales by 14.4% to US$8.34bn (£5.53bn). In both these mature markets Amazon faced strong c...
29 January 2015
Focus on store profitability; store closures announced Lawson plans to close around 260 stores under the Lawson Store 100 banner - just under a quarter of the network of this hyaku yen, discount style stores.  In addition, all of the 29 small supermarket stores under the Lawson Mart banner will also close by the end of fiscal 2015. Competition generating new formats experimentation Store...
29 January 2015
Both AEON in Japan and 7-Eleven Inc. in the US have recently innovated their mobile platforms to enhance customer engagement. 7-Eleven's new digital customer program 7-Eleven Inc. has recently rolled out a Digital Guess Experience (DGE) program across 8,500 US and Canadian stores. The new digital development will focus on digital apps, customer loyalty, coupon distribution and payment meth...
29 January 2015
AEON has announced strategic alliances with two major retailers Citimart and Fivimart. Partnership to cover both north and south AEON Vietnam has bought a 49% share of Citimart and a 30% share of Fivimart. Both two retailers have stores concentrated in two major regions of the country; Citimart with 28 stores in the south and Fivimart with 18 stores in the north. AEON will supply all partne...
13 January 2015
As it reports a robust nine month performance, 7&I plans to build on existing PL success, and implement a new omnichannel strategy in 2015. Results summary Group sales in the first nine months grew 6.5% to JPY 7.6tn (US$64.1 billion). Operating income grew 0.3% to JPY 249.4bn (US$2.1 billion). Strong performance from 7-Eleven Both convenience divisions performed strongly: 7-Eleven ...
07 January 2015
AEON begins the new year with senior personnel replacements and office reshuffles, effective from 1st February. New Chairman and Retail President Soichi Okazaki has been appointed as president of Aeon Retail, replacing Kazunori Umemoto who will take a new role as Aeon Retail Chairman. Okazaki joined the company in 1981, serving in roles across business divisions including Jusco and Aeon Ma...
17 December 2014
Our take on the latest 7-Eleven news from US, Japan, South Korea and Singapore. Singapore: introducing parcel pick up points In Singapore United Parcel Service (UPS) has partnered with 7-Eleven to offer parcel collection at Shell forecourt stores. This service is offered free of charge, and offers a back-up option, after the delivery has been attempted at the primary address. A similar s...
13 November 2014
Exciting app, loyalty and beacon developments from this leading global convenience retailer. Customised digital interaction: "7 & Info" app In Japan, 7&I's new app is a digital platform for users to access product information, receive product recommendations, collect points and provide feedback. The app is being trialled from October 2014 to February 2015 in 7-Eleven and Ito Yokado sto...