Rakuten and Walmart's Seiyu are planning to open a new logistics site in Yokohama, Japan, later this year. New site to service growing online sales The new logistics site will service growing online sales from Rakuten Seiyu Netsuper. The platform recorded a 30% sales increase year-on-year between late October and end of December. High delivery and logistical costs in Japan have historica...

Japan's four largest retailers, Seven & i Holdings, AEON, FamilyMart and Lawson, have posted their results for the nine months ending 30 November 2019. Seven & i Holdings: total sales flat at 0.1% Seven & i recorded a 0.1% increase in total group sales to JPY9,019.3bn (US$82.4bn), with operating profit rising 4.9% to JPY319bn (US2.9m) year-on-year (yoy). Revenue from domestic convenience...

Mobile phone carrier KDDI and Lawson are partnering to integrate their customer loyalty point programs. Enabling au Pay mobile payment in Ponta KDDI, which operates the au Wallet point service, will buy 2.1% stake of Lawson and take a 20% stake in Ponta loyalty point program (currently owned by Lawson, its parent company Mitsubishi Corp. and other firms). From May 2020, KDDI will offer P...