Aeon news

21 January 2021
Seven & i Holdings, Aeon and Lawson have posted their Q3 results for the nine months ended November 30, 2020. Summary and our view On January 7, 2021, the Japanese government declared a state of emergency in Tokyo and three surrounding prefectures. The Q3 results do not reflect this latest announcement, the Christmas trading period, nor the recent snow storms, but show the continued negativ...
21 January 2021
To cope with fewer employees in its stores, Aeon Japan will introduce self-checkouts this year and it has also started using UV-based sanitisers for its shopping baskets. Cost to implement self-checkouts is less than 10% of Amazon’s system Aeon will increase self-checkout registers that can read prices of items that customers purchase, through their smartphone app.  This new system will sta...
14 October 2020
Japan's four largest retailers, Seven & i Holdings, Aeon, FamilyMart and Lawson, have posted their H1 results for the six months from March 1 to August 31, 2020. Summary and our view The big four’s H1 results continue to show the negative impact of COVID-19 has had on convenience retailing in Japan. Average spending per customer at convenience stores has increased, but this has not been eno...
29 September 2020
Aeon Stores Hong Kong, which operates stores in Hong Kong and on mainland China has posted a 6.7% increase in sales revenue to HKD5,158m (US$665.5m) for the six months ended June 30, 2020. Hong Kong revenue up 15.9% YoY Revenue from Hong Kong operations in the first half increased by 15.9% to HKD2,423m YoY. The Group expects to expedite the opening of Living Plaza branches in the third quar...
28 September 2020
In response to more consumers staying at home, retailers in Japan are investing more in their online grocery offer. Convenience stores expanding into delivery In May 2020, Lawson expanded the scope of stores offering the Uber Eats food delivery service to include some stores in 10 prefectures across Japan. Lawson started offering the delivery service in August 2019, initially within Tokyo. ...
04 September 2020
Japan’s anti-monopoly regulators are encouraging convenience store chains to provide franchises the option to reduce store trading hours. 24 hours trading a hot topic In a report by the Fair Trade Commission, it said, "We indicated that it could be a problem under the anti-monopoly laws. We requested immediate improvements and asked that improvements be reported to us." The commission war...
20 August 2020
Aeon has confirmed the site for the first Ocado Customer Fulfilment Centre in Japan. It will serve customers in Chiba province and the Tokyo Metropolitan Area. A first step to go live in 2023 The first Customer Fulfilment Centre (CFC) will be located in Honda-cho, Midori-ku, Chiba-city. The CFC can hold a large range of approximately 50,000 products. It operates 24 hours, with picking opera...
13 July 2020
AEON has provided new ways for shoppers to buy their groceries during the lockdown period due to COVID-19 in Malaysia. Its latest initative is to launch a new supermarket online service on 14 July 2020. New online grocery shopping platform AEON is launching its own online grocery platform at https://fresh.myaeon.com.my . The service provides delivery within 30 minutes of its fulfilment cen...
09 July 2020
Japan's four largest retailers, Seven & i Holdings, Aeon, FamilyMart and Lawson, have posted their Q1 results for the three months from March 1 to May 31, 2020. Summary and our view The big four’s Q1 results show the sheer impact of COVID-19 has had on trading in Japan. The period saw a declaration of a state of emergency in Japan from April into May, temporary closure of various facilities...
02 July 2020
Like many markets around the world, Japan has seen a surge in demand for online grocery following the outbreak of COVID-19. Online grocery adoption increasing COVID-19 has changed some long-established shopping habits, e.g. daily shopping trips. At the start of the pandemic, fear of product shortages and empty shelves in-store may have encouraged shoppers to explore alternative shopping cha...