Aeon news

We round up the latest COVID-19 related news from Japan as retailers respond to changes in consumer trends and government policies. 1 July - plastic bag charge now mandatory On 1 July, the government made plastic bag fees mandatory across the country. Matsumoto KiYoshi and some other businesses such as Aeon had already been charging fees for plastic bags  since April . 25 May state of ...

Japan’s three largest convenience stores, 7-Eleven, FamilyMart and Lawson, have stepped up their efforts to reduce the use of plastics. A mix of short, medium and long-term targets 7-Eleven is beginning to use paper packages for its cold bento boxed meal products. The retailer has already stopped using plastic films and covers for prepared food products, reducing plastic use by 10-25%. F...

Aeon has been introducing its Everywhere Cash Register Regi Go service at some of its stores in Japan. The solution was launched in February, allowing shoppers to checkout more efficiently.   Available at 20 stores Currently, around 20 stores across AEON and AEON STYLE banners in Tokyo, Chiba and Kanagawa have made the service available. An increasing number of customers are seeking faster ...

Japan's four largest retailers, Seven & i Holdings, AEON, FamilyMart and Lawson, have posted their annual results for the fiscal year ending 29 February 2020. Summary and our view Performance of the big four in 2019 was varied. Lawson is showing the fastest growth, 7&i remains solid, FamilyMart is recovering and AEON saw mixed results. The Japanese convenience landscape is undergoing maj...

Japan’s prime minister, Shinzo Abe, declared a month-long state of emergency on 7 April in response to the Coronavirus (COVID-19) pandemic. The government has also approved a record stimulus package worth JPY108 tn (US$990 bn) to support the economy State of emergency until 6 May Abe told a televised news conference, “We are not at a stage where rapid nationwide spread is being observed, b...

Aeon, which operates shopping centres and hypermarkets in Malaysia, is expanding its drive-through locations to support shoppers looking to socially distance themselves and avoid interaction with others during the pandemic. Service expanded to 28 outlets Shoppers using the service can pre-order products online. Personal shoppers will collect the order in-store and prepare the items for pick...

Aeon is partnering with Shwe Taung, parent of Myanmar’s leading mall operator, to open a shopping centre by 2023. Targeting growing middle class After entering the market in 2011, Aeon launched its financial business services in 2013. In 2016, it set up its first supermarket in Yangon and operates more than 10 stores currently. The country has a population of 53 million and a fast growing m...

AEON will continue to expand across Vietnam with the goal of building 20 more shopping centres. Commitment to the market AEON launched its first mall, Celadon City, in 2013 in a suburb of Ho Chi Minh City. In a visit last August, chairman of AEON Japan, Hiroshi Yokoo, named Vietnam as “the most significant market of the company in Southeast Asia”. Its board members also toured the Celadon C...

AEON will start charging for plastic shopping bags at all of its supermarkets from April 1. Plastic bag fees in Japan mandatory from July From April 1, about 7,300 of the AEON’s 11,000 retail outlets will start charging for plastic bags. It will charge JPY2 (2 cents) to JPY5 yen per bag. The retailer has been charging for plastic bags at some of its supermarkets since 2007.  Plastic bag ...

AEON has announced a 4.3% growth in revenue and 3.97% growth in profits in Malaysia for FY 2019. Growth driven by store refreshments The group grew net profit to MYR109.29m (US$25.8m) for the full year FY19, from MYR105.12m (US$24.88m) in FY18. Revenue also grew 4.3% to MYR4.54bn (US$1.07bn) from MYR4.35bn (US$1.03bn) in the previous year. The higher revenues are attributed to newly renovat...