Aeon news

08 November 2021
In recent years, Asian retailers have been stepping up their sustainability efforts. Many retailers have initiated programmes to protect the environment and support local charities. We highlight five retailers in Asia which driving sustainability in Asia in this report , covering the strategy and case studies for: A.S.Watsons AEON Central Retail CP Group FairPrice Group ...
08 October 2021
Seven & i Holdings, Aeon and Lawson have posted their H1 results for the period ended August 31, 2021. Summary and our view The performance of Japan’s leading retailers in H1 have showed further signs of recovery. More shoppers are beginning to return to stores, while average baskets sizes are declining compared to elevated figures last year. Overall sales, especially from convenience st...
07 October 2021
AEON is working together with Tupperware Brands in Malaysia to promote sustainability while at the same time, encourage customer loyalty. Free Tupperware eco-friendly products when customers shop at AEON AEON has brought in Tupperware’s eco-friendly home products as an incentive for its loyal customers in Malaysia. Shoppers collect stamps every time they shop at AEON’s stores, which they can ...
28 September 2021
AEON Wellness, the health and beauty division of the AEON Group, has recently announced new initiatives as part of its digital transformation to cope with the impact of the pandemic. Focus on digitisation, convenience and safety COVID-19 may have disrupted AEON Wellness’ operations in the past year, but it has also served as a catalyst for the retailer to accelerate its digital transformation...
23 September 2021
Aeon might offload the business due to its weak performance and continued profit decline in South Korea. Sales down -4.2%YoY, operating loss US$12m The retailer reported KRW1.79 tn (US$1.5 bn) in revenue for the last fiscal year (from March 2020 to February 2021), a decrease of 4.2%YoY (year-on-year). It reported an operating loss of KRW14.3 bn (US$12m) during the same period. It is the ...
24 July 2021
Vietnam is experiencing its worst wave of the pandemic, with Ho Chi Minh City as the epicentre of the latest outbreak.  The lockdown has disrupted the distribution of food in the city, especially for fresh vegetables.  The supply shortage has caused prices of commodities to increase significantly, such that people are unable to purchase essential food items.   Guardian and AEON are among the reta...
09 July 2021
Seven & i Holdings, Aeon and Lawson have posted their Q1 results for the period ended May 31, 2021. Summary and our view The performance of Japan’s leading retailers in Q1 showed some signs of recovery. More shoppers are beginning to return to stores, while average baskets sizes are declining slightly compared to heighted levels since the pandemic. However, overall sales, especially from co...
02 June 2021
AEON has partnered with circular packaging startup Loop to sell products in refillable packs.  This launch across its 19 stores in Japan attempts to limit usage of single-use plastics in the country.    Sustainable and durable packaging: stainless steel or glass AEON is now encouraging its customers to avoid traditionally used disposable containers for the grocery items they consume daily. ...
13 April 2021
Seven & i Holdings, Aeon and Lawson have posted their annual results for year ended February 28, 2021. Summary and our view 2020 was a very difficult year for Japan’s convenience industry. All of the leading retailers faced lower sales and customer visits. This was despite average basket size being larger than ever before. Returning to a growth trajectory is a priority for all convenience c...
12 April 2021
Japanese supermarket chain Daiei will launch an unmanned store in Tokyo, in collaboration with Chinese startup Cloudpick.  In addition, Rakuten and Seiyu are now also using robots to deliver supermarket purchases in Yokosuka City, Japan. Cost to implement Daiei’s store is 50% cheaper than similarly sized unmanned stores Daiei, an affiliate of AEON, will open this unmanned supermarket in Tok...