Taiwan news & analysis

29 August 2014
Auchan has reported consolidated revenue growth (ex. taxes) of +16.1% for the first half of 2014. Highlights included full consolidation of Chinese subsidiary Sun Art Retail, and commencement of integration of the Real hypermarkets in Poland. Main growth driver is expansion in Eastern Europe and China Revenue would have been up by 4.9% excluding the impact of the full Chinese consolidation...
31 July 2014
Carrefour has today (31 July) reported growth in recurring operating income of 13.8% for the first half of 2014, and an increase in net income of 16.7%. For France, Carrefour reported 'good profitability in all formats' and a 6.9% increase in recurring operating income. Improved gross margin, resulting from decreased shrinkage and cost savings from logistics, was the primary driver. In Eur...
04 July 2014
Seven & I Holdings has reported a 7.9% increase in revenue and a 5.1% increase in operating income for the three months ended 31 May 2014, the first quarter of its FY2015 fiscal year. Convenience driving increases in operating income Operating income increases were mainly driven by increased profits in convenience operations. Same store sales improvements were a key factor in the growth a...
30 May 2014
Costco’s third quarter revenue increased by 7.1% to $25.8bn, with comparable store sales (ex-fuel and currency impacts) up 6%. Net income attributable to Costco increased by 3.1% to $473m. Food categories deliver solid performance These results reveal an improving performance versus the previous quarter, although they continue to be negatively impacted by exchange rate movements. Food ca...
01 April 2014
FamilyMart MD Massaki Kosaka announces 1,500 new store openings in Japan and 1,000 overseas, the Bangkok Post reports. Pan-Asian expansion plans in 2014 The Japanese retailer has allocated more than JPY 90bn (USD 870m) to fund new store openings and store improvements in the year ahead. Key markets will include Thailand, with plans for 300 new stores, China, with plans for 200-300 new sto...
31 March 2014
The latest expansion strategies in Japan and Taiwan from this international convenience retailer.  Ahead of store opening target in Taiwan President Chain Store Corp., owner of the 7-Eleven franchise in Taiwan and the market's leading convenience player is set to reach its 5,000 store target in 2014, one year ahead of plan. PCSC's focus is firmly on driving profitability. Investment ...
10 March 2014
Auchan has revealed consolidated revenue growth of 3.4% for 2013, at constant exchange rates, driven by central and eastern Europe and Asia. France saw revenue fall by 1.1%. Downbeat economy hits euro zone, positive performance in CEE and Asia Auchan said western Europe, excluding France, saw revenue fall by 2.8%, due to the "very downbeat economic environment in the euro zone." A pos...
07 March 2014
The pan-Asian retailer reports sales and underlying profit growth of 8% in 2013, and investment is underway to secure growth for the future. Headline figures Sales including 100% of associates and joint ventures rose 8% to USD12.4bn Positive like-for-like sales across most major businesses Underlying profit grew 8% to USD480m However, if the the write-off of prior years' Mala...
06 March 2014
Costco’s second quarter sales increased by 5.8% to $25.8bn, with comparable store sales (ex-fuel and currency impacts) up 5%. Net income attributable to Costco fell by 15.4% to $463m. Profitability impacted by a range of factors The key standout within Costco’s results is the decline in net income. A number of factors impacted the retailer’s profitability during the quarter including weak...
05 March 2014
Carrefour has reported growth in recurring operating income of 9.8% for 2013, at constant rates, and +5.3% at current rates. It saw improvement in all formats in France, with a rebound in profitability in other European countries in the second half.   Strong growth in earnings, improvement in all formats in France Recurring operating income was up 11.3% in Europe. In France, operating incom...