Aeon news

13 April 2021
Seven & i Holdings, Aeon and Lawson have posted their annual results for year ended February 28, 2021. Summary and our view 2020 was a very difficult year for Japan’s convenience industry. All of the leading retailers faced lower sales and customer visits. This was despite average basket size being larger than ever before. Returning to a growth trajectory is a priority for all convenience c...
12 April 2021
Japanese supermarket chain Daiei will launch an unmanned store in Tokyo, in collaboration with Chinese startup Cloudpick.  In addition, Rakuten and Seiyu are now also using robots to deliver supermarket purchases in Yokosuka City, Japan. Cost to implement Daiei’s store is 50% cheaper than similarly sized unmanned stores Daiei, an affiliate of AEON, will open this unmanned supermarket in Tok...
10 March 2021
Monthly data updates from 7-Eleven, Lawson and Ministop, focusing on sales, customer footfall and average customer spend in Japan.    Japan’s convenience channel shrinking For the fiscal year ending February 2021, all stores sales fell -2.8% at 7-Eleven, -8% at Lawson and -7.4% year-on-year (YoY) at Ministop. Driving differentiation and defining the role of the convenience store hav...
05 March 2021
Welcia-BHG Singapore is now selling more health and beauty products that are made in Japan.  The firm would like this focus on J-beauty to be its competitive advantage over other drugstores in Singapore. Tough 2020 for Welcia-BHG and plans for expansion in 2021 Welcia-BHG Singapore is a joint venture between AEON subsidiary Welcia Holdings and Chinese retailer Beijing Hualian Group (BHG).  ...
18 February 2021
The pandemic has triggered the decline of the beauty market in 2020, but key suppliers such as Procter & Gamble and L’Oréal are now expecting growth to return, through their online sales. L’Oréal: ecommerce to aid return to growth of cosmetics Although the total sales of L’Oréal has dropped for the full year of 2020, APAC is the only region that reported growth during the year.  This is mai...
02 February 2021
AEON Hong Kong has opened Mono Mono, its first lifestyle specialty store at Lohas Park.  Based on the concept of ‘green, happy living,’ this new store covering 12,000 sq ft sells products that satisfy shoppers’ quest to live a healthy and sustainable life.   New concept store has a collection of its own brands The store will meet Hong Kong residents’ desire to shop for Japanese products whi...
01 February 2021
AEON has announced a partnership with US-based Boxed Wholesale to accelerate digitalisation of its stores.   Bridging customers from offline to online The tie-up will see the retailer using the ecommerce company’s technology to expand AEON’s offering in the online space. AEON will use Boxed Wholesale’s solution to create a storefront platform and inventory-picking software for its virtual ...
21 January 2021
Seven & i Holdings, Aeon and Lawson have posted their Q3 results for the nine months ended November 30, 2020. Summary and our view On January 7, 2021, the Japanese government declared a state of emergency in Tokyo and three surrounding prefectures. The Q3 results do not reflect this latest announcement, the Christmas trading period, nor the recent snow storms, but show the continued negativ...
21 January 2021
To cope with fewer employees in its stores, Aeon Japan will introduce self-checkouts this year and it has also started using UV-based sanitisers for its shopping baskets. Cost to implement self-checkouts is less than 10% of Amazon’s system Aeon will increase self-checkout registers that can read prices of items that customers purchase, through their smartphone app.  This new system will sta...
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...