Japan news

24 November 2020
The world’s largest convenience chain 7-Eleven continues to drive innovation. We provide the latest trading updates from U.S, Australia and Japan. U.S: 7-Eleven opens fifth Evolution Store 7-Elven has opened its second Evolution Store in Dallas and the fifth in the country. Located at 9750 Walnut Hill Lane, the new store features Laredo Taco Co., self-serve beverages on tap, fresh bakery, m...
16 November 2020
Walmart, KKR and Rakuten have signed an agreement that will change the ownership structure of Seiyu in Japan. New ownership structure In a deal worth JPY172.5bn (approx. US$1.6bn), KKR will acquire 65% majority stake in Seiyu, Rakuten will acquire a 20% stake, through a newly created subsidiary, and Walmart will retain 15%. The transaction is subject to regulatory approvals and is expected ...
10 November 2020
Monthly data updates from the three largest convenience chains in the world, 7-Eleven, FamilyMart and Lawson, focusing on sales, customer footfall and average customer spend in Japan.  FamilyMart post positive monthly all store sales, but only due to new stores For October, FamilyMart posted positive monthly all store sales for the first time this fiscal year. However, this was due to the r...
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...
14 October 2020
East Japan Railway Co. (JR East) is planning to open 100 automated convenience stores over the next four years. Expansion of cashless stores Following the outbreak of COVID-19, plans to expand JR East’s unstaffed convenience store concept have accelerated. The company launched the first cashless NewDays convenience store at its Musashisakai Station (Tokyo) last year. In March, it then lau...
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...
19 August 2020
FamilyMart Japan has appointed Hikaru Adachi as its new Chief Marketing Officer. Effective from October 1 Adachi will report directly to the President, Takashi Sawada. The role will be effective from October 1. Adachi will be responsible for FamilyMart’s product planning and sales strategy. He is known to have turned around McDonalds’ performance in Japan. Want to know more? Read more...
11 August 2020
We provide monthly trading updates from Japan’s three largest convenience chains, 7-Eleven, FamilyMart and Lawson, as they look to accelerate out of recovery from COVID-19. July year-on-year trading update: 7-Eleven All stores sales down 5.5% Existing stores sales up down 5.1% Existing stores number of customers down 12.1% Existing stores spending per customer up 7.8% Nu...