Aeon news

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...
26 January 2015
Pan-Asian retailer AEON announces plans to open 15 outlets this year and raise finance for renovation. Boosting Bangkok presence and heading to Northeast provinces The company currently operates 76 stores across supermarket and convenience channels. It aims for 15 more stores in 2015, before  accelerating expansion to 40 stores in 2016, and an additional 400 stores in the following four year...
22 January 2015
Retail sales in Asia will soar in Q1 2015, thanks to the peak season of Chinese New Year. According to major retailers in the region, this busy season usually contributes 20% - 40% to their annual revenue. Biggest promotional season of the year The event starts on the 18 February this year. However, retailers are typically preparing themes and activities to promote the season eight weeks i...
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...
18 November 2014
Vietnam's Citimart supermarkets will be rebranded to "AEON Citimart", as collaboration between the local and Japanese retailer deepens. Partnership will provide competitive edge for Citimart This news builds on the partnership between AEON and domestic retail chain Citimart which began with the announcement that these stores would sell AEON Topvalu private label products - read the story...
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...
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...
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...
21 October 2014
Japanese retailer AEON will partner with domestic retailers Fivimart and Citimart to sell its Topvalu private label products, Viet Nam News reports. New outlets for private label will accelerate scale for AEON AEON's cooperation with Fivimart and Citimart will offer a short-cut to scale for AEON in the Vietnamese market; the domestic retailers have a combined network of more than forty sto...
16 October 2014
As Seven & I, AEON, Lawson and FamilyMart announce their first half results, we assess their performance in the year so far and look ahead at strategies to win for the full year and beyond. Tough conditions, cautious optimism for full year All Japanese grocery players faced tough trading conditions in their domestic in the first half of the year, hit by the increase in consumption tax, p...