Aeon news

20 November 2013
Future Group is negotiating a new acquisition, M&S plans largest overseas expansion and AEON considers new market entry... Future Group negotiating Nilgiris acquisition The Future Group is in negotiations for the acquisition of Nilgiris supermarket chain, the Economic Times reports. Comprising of over 90 supermarkets around Bangalore, Nigiris is majority owned by a private equity firm Act...
19 November 2013
Pan Asian retailer AEON launches a new loyalty scheme for shoppers of its AEON Big grocery stores in Malaysia. Building on Carrefour acquisition AEON acquired Carrefour's portfolio of hypermarkets and supermarkets in Malaysia in November 2012, boosting its position in the grocery market to number two. This network of 28 stores, the majority of which are hypermarkets, has been re-branded ...
01 November 2013
To celebrate the first anniversary of its mobile app, pan-Asian retailer AEON has chosen station locations to trial its virtual shopping walls in Hong Kong. Driving traffic online and in-store These are located in Causeway Bay, Admiralty, Tai Koo, Tsuen Wan and Tsim Sha Tsui MTR stations. Each virtual wall displays more than forty gourmet products for shoppers to scan with their smart...
26 September 2013
We round up the latest news in this key ASEAN market: AEON's new joint venture, Tesco's latest promotions and 7-Eleven's IPO. AEON Malaysia forms new JV AEON has formed a partnership with Thai retailer Index Living Mall to operate home furnishing outlets. Japanese retailer AEON is Malaysia's second largest grocery operator, and also operates  general merchandise and health and beauty ...
19 September 2013
Tokyo-based Maruetsu announces the opening of its first premium supermarket in Jiangsu province, China, by the end of September. Exporting its high-end supermarket format overseas At present Maruetsu operates more than 270 stores in Japan, focused on the Tokyo metropolitan region. Its multi-format portfolio includes Maruetsu supermarkets, Maruetsu Petit urban supermarkets and Lincos premi...
11 September 2013
Japanese retailer AEON plans to open six new hypermarkets to further boost its presence in the Malaysian market. New stores to unlock long-term growth prospects for AEON The six new stores are scheduled to open between 2014 and 2016, to be located in secondary towns in Johor, Kedah, Kelantan, Perak, Selangor and Terengganu, The Star newspaper reports. AEON plans to capture growth in the ma...
29 August 2013
AEON's expanding operational networks in Hong Kong and mainland China delivered revenue growth of 15.9% to HK$4.2bn (US$542m). However, profit declined 80.2% to HK$26.3m (USD3.4m) in the first six months of the year. First half results reflect expanded network and market challenges Healthy double digit growth in revenue was supported by new store openings. AEON now operates 28 stores in sou...
17 July 2013
Ministop enters the markets, whilst domestic retailer Matahari continues expansion in Sumatra. Matahari growing regional presence Indonesian multichannel grocery retailer Matahari opens its 85th hypermarket in Pematangsiantar, North Sumatra, increasing store concentration in east Indonesia. In 2013 Matahari plans to open around 20 hypermarkets, adding to a target of 80 new stores by 201...
27 June 2013
Three stories from Asia highlight the continued expansion of the convenience store in the region, with different retailers announcing plans for growth in China, Indonesia and Malaysia. 7-Eleven to grow presence in China As part of the joint venture between Mitsui & Co, Southern Hope Industrial and Seven-Eleven Investment, 7-Eleven has announced that it will open 300 stores in Chongqing, sou...
13 February 2013
Aeon continues its rapid Asian expansion, announcing plans to open malls and stores in the thriving Indonesian market. "Indonesia has great prospects" Japanese retailer Aeon will take a two-pronged approach in the Indonesian  market, openings shopping malls alongside its smaller scale retail stores, including the convenience chain Ministop. Aeon Indonesia president Toyofumi Kashi h...