Aeon

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JAPAN: Retailer Aeon reports higher Q1 profits

6 Jul 2012

Japanese retailer Aeon has posted a 9% increase in first-quarter operating profit on the back of improved sales.

UPDATE: JAPAN: Tesco sees "increased focus on rest of Asia" with Japan exit

18 Jun 2012

Tesco insisted today (18 June) its exit from Japan will enable the business to focus on further developing its operations in the rest of Asia.

JAPAN: Tesco prepares Japan exit with Aeon JV

18 Jun 2012

Tesco has confirmed details of its planned withdrawal from the Japanese market, which was initially announced last year.

JAPAN: Retailer Aeon expects another year of record profits

12 Apr 2012

Japanese retailer Aeon, which saw profits rise almost 12% in its last financial year, has forecast another year of record earnings.

Editor's choice: the highlights on just-food this week

19 Mar 2012

It was a bumper week of insight from just-food, with analysis of Richard Brasher's decision to quit as CEO of Tesco's UK operations, an examination of rising egg prices and a look at the future for UK food manufacturer Premier Foods. We also emphasised our international reach, with an exclusive interview with the chief executive of Spanish retailer Grupo Eroski. Click on the headlines for more.

JAPAN: Retailer Aeon targets Vietnam, Malaysia, China expansion

12 Mar 2012

Japanese retailer Aeon is expanding its business in Vietnam, Malaysia and into smaller cities in China.

JAPAN: Aeon buys Marunaka

5 Oct 2011

Japanese retailer Aeon said today (5 October) that it would spend JPY44.9bn (US$585m) to buy central Japan-based supermarket chain Marunaka and Sanyo Marunaka, to expand its presence in the region.

UK/CHINA: Greenpeace accuses Tesco of illegal pesticide levels in China stores

13 Sep 2011

Greenpeace has claimed food products sold at Tesco's stores in China contain illegal levels of pesticides.

WORLD: Consumer Goods Forum unveils health drive

15 Jun 2011

The Consumer Goods Forum has unveiled a new set of industry-wide resolutions designed to promote health and wellness.

JAPAN: Aeon outlines Asia expansion warchest

3 Jun 2011

Japanese retailer Aeon is to spend JPY200bn (US$2.49bn) until 2013 on its expansion in Asia, including in China, Malaysia and Vietnam.

JAPAN: Retailers feel impact of earthquake

15 Mar 2011

Retailers are feeling the impact of the earthquake and tsunami that hit Japan on Friday, with Costco announcing that two people died in the parking ramp of one of its outlets, while Lawson said that nearly 140 of its stores are out of service.

MALAYSIA/SINGAPORE: Carrefour "puts breaks on store sale"

16 Nov 2010

French retail giant Carrefour has suspended the sale of its Malaysian and Singapore stores, after bidders offered little to persuade it to sell its operations, according to reports.

THAILAND: Carrefour sells Thai assets to Casino's Big C

15 Nov 2010

Carrefour announced today (15 November) it has sold its Thai business to Casino subsidiary Big C for EUR868m (US$1.2bn).

ASIA: Tesco, Dairy Farm "table second bids for Carrefour assets"

8 Nov 2010

Tesco and Dairy Farm International Holdings are reportedly among those who submitted second-round bids for Carrefour's south-east Asian assets.

Talking shop: Japan's retailers look abroad for growth

29 Oct 2010

Japan's major grocery retailers are looking to their Asian neigbours for expansion, as their home country's bleak economic landscape has stymied growth in recent years. Petah Marian investigates Japan's economy and which countries these retail giants are looking to conquer.

Editor's choice: the highlights on just-food this week

29 Oct 2010

The pressure of rising commodity costs has grabbed the headlines this week as manufacturers wrestle with higher raw-material bills. Elsewhere, just-food took an in-depth look at the US cereal sector, the moves Japan's largest grocers are making in China and we interviewed a senior executive at Swiss dairy giant Emmi.

JAPAN: Aeon "plans Asian expansion"

26 Oct 2010

Japanese retailer Aeon has said it aims to nearly double its operating profit in three years through expanding in Asia, according to reports.

ASIA: Carrefour "shortens bidder list"

10 Sep 2010

Carrefour has reportedly dropped Tesco and Aeon from the bidding for its businesses in three south-east Asian markets.

JAPAN: Aeon plans to integrate brands

27 Aug 2010

According to unconfirmed reports in the Japanese press, Japan's top supermarket operator Aeon Co. is to integrate its three supermarket subsidiaries under the Aeon brand as part of efforts to rebuild its struggling domestic business.

The just-food management briefing - convenience stores - part II

18 Aug 2010

Convenience stores are no longer the preserve of cash-rich but time-poor consumers in developed markets. They are increasingly popular in emerging markets too.

In the spotlight - Carrefour at a crossroads

9 Jul 2010

The plot thickens. Just days after speculation emerged that Carrefour planned to sell up and leave Thailand, Singapore and Malaysia, the world's second-largest retailer today (9 July) insisted it would keep its stores and indeed expand in the latter two markets.

The just-food management briefing - private label - part III

7 Jul 2010

Own-label lines are a key tool in building a retailer's reputation in areas from healthy eating to product safety. Grocers from the UK to Japan have developed strategies to ensure the suppliers they use and the products they sell support their corporate image.

JAPAN: Aeon posts stronger Q1 results

7 Jul 2010

Japan's second-largest retailer Aeon more than doubled its operating profit in the first quarter, boosted by the absence of US clothing chain Talbots.

ASIA: Big C, Tesco, Dairy Farm linked to Carrefour assets

6 Jul 2010

Big C, Tesco and Dairy Farm have been linked to Carrefour assets in Singapore, Thailand and Malaysia.

Retail round-up: More gloom for Japan's retailers

26 Apr 2010

While the Japanese economy has been slow to come out of the downturn, it seems that business conditions in the country have turned the corner and are now on the up.

JAPAN: Aeon to expand discount format

15 Apr 2010

Japan’s biggest supermarket chain Aeon has announced plans to boost its number of discount outlets.

JAPAN: Aeon profit outlook up, sales slowing

18 Mar 2010

Japanese retail giant Aeon said today (18 March) that it anticipates posting a higher net profit for its current fiscal year, despite lowering its sales guidance.

JAPAN: Aeon takes controlling stake in CFS

12 Mar 2010

Japanese retailer Aeon has indicated that it will increase its shareholding in CFS Corp. by an additional 18% and take a controlling stake in the business.

JAPAN: Aeon to end licensing deal with Carrefour

18 Jan 2010

Japan’s Aeon Co. will sever all ties with Carrefour when a licensing deal between the two sides expires in two months.

In the spotlight: Japanese food retail

8 Jan 2010

For many of Japan's largest food retailers, the current fiscal year has become the stage for a tale of woe. The weakness in the Japanese economy has translated into declining consumer spending in what elsewhere in the world has proven a relatively resilient sector – food. Nevertheless, there are those who have been able to buck the trend. Katy Humphries reports.

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