Aeon news

17 March 2014
Japanese retailer AEON unveils a three year pan-Asian expansion plan set to cost around USD 3.8bn. Heavy investment in China and Malaysia Outlining its three year business plan to 2017, AEON reaffirmed its plans to accelerate expansion outside its domestic market. The investment planned for China is nearly double the amount over the previous three year period, The Wall Street Journal ...
12 March 2014
Robinsons targets 500 Ministop stores by year end as competitors accelerate their store opening plans in this dynamic market. Robinsons accelerating store openings Robinsons Retail is one of the market's top multi-format retail operators. It acquired the Ministop franchise in 2000, and its 354 stores now account for 6.5% of the company's net sales. To reach the 500 store target this year...
07 March 2014
Famed for their extensive convenience store networks, leading Japanese players are developing new  discount and urban supermarket formats to fill niches in the market.  Retailers cautiously expanding their discount networks Seven & I, AEON and Daiei are amongst the retailers planning to add to their existing discount store networks in 2014. Typically located in suburban areas, smaller stores...
24 February 2014
Leading retailer AEON is aiming to be the first major Japanese retailer to open in Myanmar. Foreign investment law has eased Myanmar’s foreign investment law has recently been overhauled, now allowing foreign retailers to invest in large-scale retailing business. Xinhua News Agency, reported that a representative office is to be set up in March, in anticipation of opening a shopping mall in Y...
20 February 2014
AEON intends to enter five new states in Malaysia over the next five years, according to press reports. Already strengthening in south of country AEON recently opened a store in Johor, strengthening its presence in the southern region of Malaysia. Speaking to the press, managing director Nur Qamarina Chew Abdulla said the retailer intends to open two to three stores per year, and is l...
07 February 2014
Thailand's Central Group expands its footprint in Vietnam, the latest retailer to seize the opportunities in the Vietnamese market. First overseas Robinson department store for Central Retail Whilst Central Retail already has a retail presence in Vietnam, this is the first Robinson department store to open overseas, which will operate under the banner Robins. Located in Hanoi's Royal City ...
03 February 2014
Malaysia's government launches a discount campaign in co-operation with supermarkets to reduce the pressure of rising prices on shoppers. Ten key retailers participate Both international retailers such as Tesco, AEON and Dairy Farm, and local retailers including Mydin, Econsave and 99 Speedmart, are participating. The combined store networks of these retailers reaches close to 1,000 outle...
30 January 2014
.style1 { text-align: center; }.style2 { text-align: right; font-weight: normal; } Spring Festival, the biggest festival of the year in China, is not only a time for reunions, but also the busiest period in the Chinese retail calendar. During the last Spring Festival holiday in 2013, sales at stores and restaurants around the country surpassed RMB539 bn (USD89 bn). With all the gatherings a...
16 January 2014
Vietnamese retailer Saigon Co.op is set to launch its first shopping mall. A new channel of investment The mall will cover an area of 22,000 square metres, and represents an investment of over VND 200bn, the Viet Nam News reports. Called Sense City, it will be located in the city of Can Tho. The mall is due to open before the end of January. Two further shopping malls are under constru...
02 January 2014
The launch of AEON's Tan Phu shopping centre, close to Ho Chi Minh City, marks the retailer's first store opening in Vietnam. AEON invests in ASEAN-shift strategy Following the establishment of Aeon Vietnam Co., Ltd two and a half years ago, AEON opened its first shopping centre on 1st January 2014. Market entry into Vietnam is part of AEON's strategy to focus on the south east Asian m...