Japan news

03 June 2013
The latest news from Japanese retail giant Seven & I including overseas expansion and online operations. Disaster management in Japan Japan News reports Seven & I is constructing a facility to store fuel in order to support goods distribution in the event of a disaster. Construction of the facility is already underway, to be completed by the end of this year. It is expected to cost ar...
30 May 2013
Costco’s net sales over the third quarter increased by 7.8% to $23.6bn, with comparable store sales increasing by 7% (ex-fuel and currency impacts). Net income over the period increased by 18.9% to $459.0m. Increased visit frequency driving sales growth Costco delivered another strong quarter, driven predominantly by a stronger visit frequency while average transaction remained broadly fla...
22 May 2013
SPAR International has reported worldwide retail sales up 2.8% in 2012, and revealed its new strategy: "Growing our future together." International expansion has always been a strategic goal SPAR's new strategy builds on its long-term objectives. It sets out the strategic objectives for 2013-2015 under three broad headings: Growing our partners - Developing a multi-format presenc...
16 May 2013
Walmart's total net sales for the first quarter increased by 1.0% to $113.4bn, with growth led by its international division, where sales increased by 2.9%. In the US, Sam's Club delivered a 0.5% increase in sales (ex-fuel), while at its core US stores operation sales grew 0.3%.  Comp store sales at its US stores declined by 1.4% (ex-fuel). Operating income over the period increased by...
02 May 2013
Metro Group has reported EBIT (before special items) of €14m, compared to €-8m in Q1 2012, due to earnings improvements at Real, Media-Saturn and other areas of the business.  Group sales down slightly Group sales for the period January to March were €15.5bn, a slight decrease of 0.9% vs. the previous year. This year included three fewer trading days, and the unseasonably cold weather af...
15 April 2013
What conditions make Asian markets so receptive to the online/offline model? Looking at how this trend has progressed, we focus on some key examples to sketch the shape that online/offline developments might take in the future. QR code walls – media stunt or innovative solution for busy shoppers? In 2011 Tesco launched the world’s first virtual store – a QR code shopping wall in a subw...
27 March 2013
Walmart has announced plans to test in-store lockers for products ordered online in the US. This was among a number of new initiatives highlighted at its e-commerce media day held at its global e-commerce head office in San Bruno, California. Lockers offer added convenience The test of the lockers forms part of a broader plan by Walmart to integrate its physical stores with its online ...
12 March 2013
Costco’s second quarter sales, for the 12 weeks to February 17, increased by 8.2% to $24.3bn, with comparable store sales (excluding the impact of fuel and currency), up 5%. Net income attributable to Costco increased by 38.8% to $547m. A resilient model despite economic headwinds Costco delivered a strong set of results for the quarter, despite the headwinds of higher payroll taxes and ...
28 February 2013
Following the addition of nearly 5,000 new stores in 2012, 7-Eleven's global network is set to reach 50,000 stores by the end of the first quarter. A leading global convenience network The overseas convenience operations of Japan's Seven & I Holdings are managed by subsidiary 7-Eleven Inc., based in Texas, US. A network of licensed, franchised and self-operated stores covers sixteen mar...
14 January 2013
Japanese retailer Seven & i reports 5.3% growth in total Group sales to JPY 6.3 trillion in the nine months ending November 2012. Strong performances in convenience markets at home and abroad continue to be key growth drivers. Organic growth and acquisitions In the nine month period, Seven-Eleven Japan saw same store sales increase 1.6% year-on-year. Alongside 778 new store openings, thi...