Japan news

13 November 2014
Convenience retailer FamilyMart plans to quadruple the number of private label products in its overseas stores, the Nikkei Asian Review reports. Expanded range, Japanese quality a key point of difference FamilyMart's private label product range in Japan comprises of close to 600 lines, compared to the 160 lines on sale in stores in Thailand, Taiwan, the Philippines and Vietnam, which are a...
06 November 2014
Aeon has established a small team, working out of Mumbai, on a market entry strategy to capitalise on what will be the world's third largest grocery retail market by 2020. Application to the foreign investment board still pending Aeon is yet to formally apply to the Indian government but is believed to have met with government agencies. With the new government taking charge next year, the J...
06 November 2014
We recently attended Walmart’s annual meeting for the investment community, providing us with an opportunity to hear directly from the retailer’s senior leadership on plans for the year ahead. Doug McMillon, Walmart’s President & CEO, outlined how the company had adopted a new ‘enterprise approach’ in developing its strategy. “We’ve taken a fresh look at where we want to play – what businesse...
06 November 2014
Amazon Japan has partnered with convenience retailer Lawson to offer new, simpler and less technology-driven ways to buy its products in store.  Making online shopping easier, accessible and convenient Lawson's digital kiosks - currently used to pay bills and buy tickets - will also offer access to buy products from Amazon. The service has been simplified to make it use for those unfamilia...
05 November 2014
FamilyMart and AEON-owned Kasumi have teamed up to create a new convenience format in Japan - FamilyMart Plus - combining the best elements of supermarkets and convenience stores, with a greater focus on fresh. Fresh products are core part of range FamilyMart Plus is located in Kawaguchi, Saitama Prefecture, and opened on 1 November. At 290 sq. m, it is twice the size of a standard FamilyM...
30 October 2014
Robots, beacons and advances in online delivery feature in this round up of the latest digital developments from Japan and Korea. Lotte Mart trials beacons Lotte Mart has launched a beacon technology trial in the Jamsil store in south Seoul, with plans for further roll-out, reports the Korea Joonang Daily. "Through the new service, we want to satisfy different types of consumers, especially...
30 October 2014
Walmart’s Seiyu operations in Japan is to invest in improving the in-store customer experience, with a focus on freshness and convenience, and provide greater access to online shopping. The business will also continue to drive an EDLC approach and improve productivity to strengthen its EDLP strategy. Quick take: our view These initiatives are very much in line with the strategy that is bei...
30 October 2014
Singapore's NTUC FairPrice launches three new initiatives aimed at attracting older shoppers to its stores. New Pioneers programme has threefold benefits Under the banner "Pioneers OK!", FairPrice has designed a programme of discounts and treats exclusively for older shoppers which will run until the end of 2015. Pioneers Monday - Senior shopping will receive 3% off their shopping at ...
24 October 2014
Amazon’s shares dropped 10% following the announcement of its third quarter results, which saw the company posting wide losses, despite its multi-billion dollar revenue. Key figures for Q3:   Operating loss of $544m, from $25m a year ago Net sales up 20% to $20.58bn North America net sales up 25% to $12.65bn, international up 13% to $7.71bn Net loss of $437m against $41m last yea...
22 October 2014
Amid intensified competition in the drugstore channel, AEON plans to increase stake in Welcia Holdings and integrate with other businesses to take the number one spot in the market. Plans to increase stake in Welcia Holdings AEON may be poised to up its stake in drugstore operator Welcia from 37.4% to 50.1% in a deal worth around JPY 20bn, according to the Nikkei. In this instance, AEON wo...