Taiwan news & analysis

01 July 2015
Taiwanese retailer PX Mart has started accepting payment via Easycard, the widely used contactless card which was originally used for public transportation, in its 700+ stores in Taiwan. Easy checkout with Easycard Easycard is the ideal option for quick checkout of small amounts - shoppers can pay up to 1,000 TWD per transaction. There are currently 50 million cardholders in Taiwan and the ...
30 June 2015
A global round-up on latest developments from 7-Eleven including private label, regional expansion and delivery solutions. One hour delivery service launched in US, collaborations in Asia 7-Eleven has launched a new delivery service in San Francisco and Oakland in California, with plans to roll out to other major cities later this year. Orders are made via app and delivered within an hou...
29 May 2015
As Costco moves into the final quarter of its current financial year, we review its latest performance and plans for future growth. Currency fluctuations impact top-line growth Costco’s third quarter sales increased by 1.1% to $25.5bn, with comparable stores sales down 1%. The retailer’s reported results would have been stronger without the impact of lower gas prices and the weakening of cu...
11 May 2015
Taiwanese market a focus for innovation, renovation and expansion The Taiwanese market is a testbed for innovation, where Watsons is currently trialling a new store concept, “Generation Y”. This provides more space for interactive shopping as well as a fashionable range of skincare and cosmetic products, targeting younger customers. A further two “Generation Y” stores are planned to open in Sh...
10 April 2015
France-based Carrefour has announced first quarter results saying that consolidated sales rose by 6.2% in total and by 3.2% on an organic basis (excluding petrol and calendar effects) to €21.0 billion. The retailer’s strong performance in France, where it enjoyed organic growth of 2.6%, drove total results, but Carrefour saw positive results across most operations, bar China. Sustained perform...
08 April 2015
Japanese convenience retailer FamilyMart reports non-consolidated total store sales up  8% to JPY 1.86tn in the year ending February 2015. Tough conditions and competition impact performance in Japan In Japan, FamilyMart faced a tougher performance compared to the previous year. Store openings slowed, with 781 net openings, against plans to add 1,200. Same store sales decreased -2.2...
01 April 2015
In Taiwan, leading convenience players 7-Eleven and FamilyMart are developing new mobile solutions including e-payment and iBeacon technology in order to create a seamless shopping experience. Capturing growth potential of ecommerce within the convenience channel President of Chain Store Corporation, operator of Taiwan’s leading convenience chain 7-Eleven, is developing its digital capabili...
09 March 2015
Auchan has reported a 14.7% increase in revenue for 2014, driven by consolidation of Real hypermarkets in Poland and the full consolidation of Chinese operation Sun Art Retail Group. France: "performance lower than we expected" Group revenue fell in France (-2.2%) mainly due to price cuts, and was down -6% in Western Europe as a whole, because of difficulties in Italy. Despite mixed trends ...
05 March 2015
At today's presentation for the 2014 full year results, Carrefour said its action plans were bearing fruit as it confirmed an acceleration in its organic sales growth for the year, up 3.9%. Recurring operating income increased by 7% in Europe and 14.9% in emerging markets. 2014 results confirm growth momentum Carrefour began by giving an update on Georges Plassat's health; the CEO will be b...
08 October 2014
Costco delivered an impressive performance in the final quarter of the year. Total revenue increased 9.3%, comp store sales were up 7% and net income rose 13.0%. As the retailer focuses on its new financial year, we take a look at what’s shaping its strategy. Increasing capital expenditure Over the last two years Costco has picked up the pace of new store openings, with...