Japan news

07 March 2022
Costco’s net sales increased 16.1% in the second quarter, maintaining its strong pace of growth despite tough comparables from last year. Against this backdrop of growth, we look at how it is navigating cost and supply chain challenges. Q2 key numbers Net sales increased 16.1% to $50.9 bn Comparable sales (ex-fuel and currency impacts) up 11.3% in the US, 12.4% in Canada and 9.0% in o...
28 January 2022
Like in all regions, COVID has impacted the food and consumer goods landscape in Asia, altering shopping habits, forcing retailers to rethink their strategies and accelerating trends. With omicron and the pandemic continuing to dominate headlines globally, what does this mean for the grocery industry across Asia in 2022? We have pulled out five trends that we believe will continue to evolve at pa...
13 January 2022
Seven & i Holdings and Lawson have posted their Q3 results for the period ended November 30, 2021. Summary Seven & i Holdings and Lawson’s results continued to show further signs of recovery, with mobility and in-store activity increasing following the nationwide lifting of the COVID-19-related state of emergency in October 2021. Retailers are generally seeing more planned purchases and sho...
08 October 2021
Seven & i Holdings, Aeon and Lawson have posted their H1 results for the period ended August 31, 2021. Summary and our view The performance of Japan’s leading retailers in H1 have showed further signs of recovery. More shoppers are beginning to return to stores, while average baskets sizes are declining compared to elevated figures last year. Overall sales, especially from convenience st...
08 September 2021
Earlier this year, we outlined five global trends that will shape the convenience channel this year and beyond. Below are some case studies to show how convenience retail and technology are connecting further. Sweden: Pressbyrån opens unstaffed store in a hospital   Pressbyrån has opened its second unstaffed 24/7 Pressbyrån Go store, this time at Huddinge Hospital. In urban locations...
07 September 2021
We bring you the latest news on Metro Group’s international activities. Metro Austria acquires Rewe’s wholesale stores The Austrian division of Metro has acquired nine wholesale stores belonging to Rewe, as well as its delivery business. Sales from the business were €125mn in 2019 and customers totalled more than 20,000. This move enables Metro to strengthen its presence in Austria and buil...
06 September 2021
COVID-19 has caused grocery retailers in Asia to scale up online business to compensate footfall decline in physical stores and enable shoppers to get items quickly, safely and conveniently. We at IGD have quantified growth opportunities, supported by five emerging trends. Growing at a CAGR of 20% between 2020 and 2022 Asia’s online grocery is growing fast. Total value in 2020 is around US$...
06 September 2021
7-Eleven plans to roll out on-demand home delivery in Japan nationwide by 2025. An ambitious target based on current progress  On-demand delivery services are currently available at 550 stores across Tokyo, Hokkaido and Hiroshima Prefectures. The retailer plans to have 1,000 stores activated by the end of February 2022. 7-Eleven will have to expand a much faster pace in the subsequent years...
09 July 2021
Seven & i Holdings, Aeon and Lawson have posted their Q1 results for the period ended May 31, 2021. Summary and our view The performance of Japan’s leading retailers in Q1 showed some signs of recovery. More shoppers are beginning to return to stores, while average baskets sizes are declining slightly compared to heighted levels since the pandemic. However, overall sales, especially from co...
18 June 2021
South Korean ecommerce giant Coupang has made its first international foray in neighboring Japan, a move that was supported by investor SoftBank. Offering its delivery service in Tokyo as a pilot project Coupang is testing its delivery service in selected locations in Tokyo. Same day delivery service will be available in the Nakanobu area as of this month. The company is now well establi...