Taiwan news & analysis

01 September 2015
Auchan has reported a 3.4% increase in consolidated revenue, to EUR26.9bn, for the first half of 2015 (+2.0% at constant exchange rates). The French business remains a concern however, with revenue down 2.9% in the home market.   "Difficulties in France" as large stores struggle Auchan reported a fall of 3.2% in hypermarkets' and 2.7% in supermarkets' revenues. Auchan expects the allianc...
16 July 2015
Carrefour has announced first half and second quarter results for the period ending June. The retailer said that in the quarter sales reached €21.4bn, up 5.5% in total, excluding petrol, while in France they rose by 5.5% and internationally the increase was 5.6%. Meanwhile in its first half Carrefour said sales were up 6.9%, excluding petrol, with growth of 6.3% in France and 7.3% internation...
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 ...