Aeon news

29 March 2016
The pan-Asian retail group Aeon Mall plans to expands its footprint in Asia by opening new shopping malls in Indonesia and Vietnam, and evaluating potential opportunities in Laos, Myanmar and Thailand. Plans to open nine new stores by 2020 Aeon Mall opened its first store in Indonesia in 2015 and the group is planning to open five new malls in Jakarta under its 2020 strategy. It will al...
22 March 2016
The four biggest Japanese convenience store chains – 7-Eleven Japan, Lawson, FamilyMart and Aeon’s Ministop – are backed by the government and planning to either expand or start their business in Vietnam. C-stores expansion fuels Japanese exports Representatives of the four companies revealed their plans, as they accompanied Japanese Minister of Economy, Trade and Industry to Ho Chi Minh Ci...
10 February 2016
Following the impressive growth in H1, Japanese retailer Aeon has enjoyed another quarter of strong performance, with operating revenues soaring by 18.9%, to JPY6.0tn ($US51.7bn). Robust growth across the board Aeon’s operating revenue for the first nine months was at a record high, with operating income over JPY80bn, up 63.8% from the previous year. The group’s supermarket and disco...
22 January 2016
Japanese convenience store chains look set to grow their overseas business with support from the government under the new Pacific free trade agreement. Government-backed pact to help ease restrictions Four major convenience store operators -7-Eleven Japan, Lawson, FamilyMart and Aeon’s Ministop - have formed a council with the Japan External Trade Organization (JETRO). They will work to...
10 November 2015
AEON plans to increase the number of products in its private label ranges by around 2,300 items by fiscal 2017, as it seeks to grow in southeast Asia. New products in Thailand and Malaysia AEON will work with local manufacturers to develop and introduce products under its Topvalu label over the next two years. In Thailand, AEON intends to increase the range to 800 products from the curr...
16 October 2015
Aeon delivered record high operating revenues this half, rising by 18.7% to JPY4.1tn ($US34.4bn). Operating income grew by 28.8%. Revenues grew in all retail channels Aeon's supermarket and discounter stores achieved 28% growth in operating revenue to JPY1.6tn (US$13.1bn), with operating income increasing by 14.7%. These results follow improvements in the fresh and deli offering, an exten...
15 October 2015
Aeon has opened a new concept store in Hong Kong and re-commences its Thailand expansion by opening a new shopping mall. Japanese-led store in Hong Kong Aeon has invested HKD$30m (US$3.9m) on renovating its Tsuen Wan store in order to target the area's rising affluence. The new 170,000 sq ft (15,794 sq m) store that opened last week has adopted ranging and design elements from its Japan...
11 August 2015
Pan-Asian retailer Aeon will build a second shopping mall in Phnom Penh. Significantly larger 151,000sqm shopping mall The shopping mall will be build about 10km north of the capital and will be 40% larger than the first mall, with a gross leasable area of 70,500sqm. Like all of Aeon's malls in Asia, Aeon supermarket will be located in the centre surrounded by Japanese brands who partner...
30 July 2015
According to IGD research, the Vietnamese retail market is set to grow by 8.4% a year until 2020, making it one of the fastest-growing markets in south-east Asia.  Against a backdrop of increased disposable income, rapid urbanisation and an appetite for change among younger shoppers, we take a look at five trends defining the marketplace for pan-Asian retailers right now. 1. Confident inv...
30 July 2015
AEON delivered record high results in the first quarter, following a subdued performance in full year 2014. Operating revenue rose 17.9% to JPY 2tn and operating income increased 55.4% to JPY 34.9bn. With exception of GM, revenue rose in all divisions Whilst the retailer's GM revenue results remained subdued (-2.5% year-on-year to JPY 662.8bn), all other divisions delivered a positive pe...