Aeon news

29 November 2019
Aeon has partnered Ocado to develop its online grocery business in Japan. Developing a national fulfillment network The new partnership will involve Ocado building automated warehouses in Japan. These will be like the ones Ocado has set up in the UK, where robots fill customer orders ready for home delivery. Aeon will launch a new online business using the Ocado Smart Platform, which includ...
10 October 2019
Japan's four largest retailers, Seven & i Holdings, AEON, FamilyMart and Lawson, have posted their results for the six months ending 31 August 2019. Seven & i Holdings: total sales flat up 0.8% Seven & i recorded a 0.8% increase in total group sales to JPY5997.4bn (US$55.8bn), with operating profit rising 2.8% to JPY205.1bn (US1.9m) year-on-year (yoy). Revenue from domestic convenience s...
01 October 2019
After postponing the rise of consumption tax twice, Japan has today brought in the long-delayed policy into effect. The increase is the first time in five years, from 8% to 10%. Rebate to provide shoppers relief The new rate applies to nearly all goods and services, from electronics to books. The government has introduced measures, however, including discounts for certain purchases made u...
23 August 2019
AEON Stores Hong Kong, which operates stores in Hong Kong and on mainland China has posted a 2% fall in sales revenue to HKD4.8bn (US$614.6m) for the six months ended June 30, 2019. Investing in new stores and renovations The capital expenditure for the period was HKD81.6m (US$10.4m), mainly used to open new stores and shop renovations, as well as upgrade IT systems. Gross profit decreased ...
21 August 2019
Japan’s four leading convenience banners, 7-Eleven, FamilyMart, Lawson and Ministop will offer a 2% discount for cashless payments starting October. On the spot discounts for nine months… The rebate program launched by the Japanese government coincides with the rise of consumption tax from 8% to 10% in October. The initiative will look to drive consumption and the use of cashless payments. ...
11 July 2019
Japan's four largest retailers, Seven & i Holdings, Aeon, FamilyMart and Lawson, have posted their results for the first quarter. Seven & i Holdings: total sales up 1.5% Seven & i recorded a 1.5% increase in total group sales to JPY2,894.8bn (US$26.6bn), with operating profit rising 4.6% to JPY90.3bn (US$832.6m) year-on-year (yoy) for the three months ending 31 May.  Domestic convenience...
25 May 2019
Aeon has confirmed an investment of US$280m for its third mall in South Hanoi which will open by the end of next year More malls planned in Vietnam The retailer plans to have 20 malls in Vietnam by 2025. It already has four malls trading in Ho Chi Minh city, Hanoi and Binh Duong. Three more are under construction in Hanoi and the northern city of Hai Phong. Strategic partnership with V...
15 May 2019
Aeon Orange Thanlyn Sakura is opened in Yangon, Myanmar’s capital city, selling home electronics, clothing and other household items on top of foods. First hypermarket in the region The new hypermarket is 2,800 sq m, triple the size of its supermarket. In addition to grocery and general merchandise, there is a ready to eat selection of local dishes, salads and desserts in a 70 sq m dining a...
24 April 2019
AEON has partnered online grocery delivery company HappyFresh in Malaysia to provide shoppers greater convenience. Purchasing groceries on HappyFresh mobile app AEON Malaysia continues to step up its ecommerce initiatives. It previously announced partnership with Honestbee , and now is allowing customers to buy groceries via the HappyFresh mobile app. Users will be able to choose from appr...
17 April 2019
We round up the latest trading updates and news for Japan's four largest retailers, Seven & i Holdings, FamilyMart UNY, Lawson and AEON. Seven & i posts 12.5% increase in revenue Seven & i Holdings has released a strong set of annual results (ending 28 February 2019), posting a 12.5% increase in operating revenue to JPY6,791.2bn (US$60.7bn), with operating income up 5.1% to JPY411.5bn (US$3...