Aeon news

19 December 2017
Aeon Group has announced plans to invest JPY 500bn (US$4.4bn) in online operations over the next three years. 150% jump on previous investment levels The investment plan will kick off straight away and run through until 2020, with the objective for Aeon to raise its online profile, plus invest in new technologies and services.The investment represents a 150% increase on previous levels and ...
24 November 2017
Earlier this year, AEON commenced their Medium-term Management Plan to emerge as the top conglomerate in each of their respective industries and regions by FY2019. We review the retailer's progress in H1, future prospects and where they are expanding overseas.  Strong revenue in H1 AEON exceeded estimates for the first half of fiscal 2017 ending 31st August, posting 1.4% increase in operati...
04 October 2017
AEON has opened its second mall in Indonesia that focuses on entertainment and food. We review the impact and consequences of a slight shift to AEON's shopping mall strategy. New interactive direction... Well known for developing shopping malls, Japanese conglomerate AEON opened their first mall in Indonesia back in 2015. Two and a half years later, they have now opened their second mall in...
24 August 2017
Japan Department Stores Association has reported a drop of 1.4 per cent in same-store department store sales in Japan last month. This was mainly attributed to lower clothing and food sales during last month as many retailers had moved their summer discounts to June.  The landscape... Japan is the home to several leading pan-Asian retailers like Seven & i, FamilyMart UNY, Lawson and AEON. S...
15 August 2017
AEON has announced plans to set up over 100 stores by 2025 specifically tailored to meet the needs of Japan's senior population. These stores will be made up of new store openings as well as existing locations to be remodelled. The latter will be locations of at least two decades old where senior customers are likely to be familiar with, thus the most likely place this initiative will gain tracti...
10 July 2017
Japanese retailer AEON has exceeded their estimates for profits in Q1, posting 11.4% increase in operating profit to JPY36.6bn (US$321mn) for the same period last year. Private labels continue to be important... AEON will continue to use private labels to support growth; they have the capability to effectively link brands across their multi-format structure as well as across markets. Their ...
07 July 2017
Japanese retailer AEON is set to expand its presence in Cambodia further next year. Since introducing their first shopping mall back in 2014, Aeon opened its first grocery store late in 2015 and has plans to expand to 30 stores in the next three years. The latest retailer announcement is a second mall to open next year with 70,500 sqm retail space. Can AEON dictate mall development in Cambo...
09 May 2017
Aeon, the largest retailing group in Japan, is expanding its presence in emerging markets. The retailer is opening small grocery stores in Vietnam and Cambodia. Both economies have been growing at about 6% in recent years. Raising brand awareness to pave way for mall development Aeon is known for developing shopping malls. It currently operates four malls in Vietnam and plans for 20 by 2020...
19 April 2017
Five major convenience store operators in Japan will introduce self-checkout counters that can scan all items in a basket, instead of one by one. It is estimated that an investment of up to JPY100 bn (US$918.8m) will be needed for the implementation of the technology in 50,000 stores. Technology driving shopper efficiency Seven & I Holdings, East Japan Railway, Lawson, Ministop and FamilyMa...
13 April 2017
Japanese retailer Aeon has published its annual results, posting an operating profit increasing by 4% to JPY184.7bn (US$1.7 bn), but falling -2.79% short of the company's estimate of JPY190bn (US$1.75 bn) Price cuts announced, but improved sales expected Japan has tried to escape the effects of deflation for almost two decades, with the impact often moving in line with home and internationa...