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JAPAN: Lower consumer spending hits Aeon

7 Jan 2010

Revenues and profits at Aeon fell during the first nine months of the Japanese retailer's fiscal year, as concern over rising unemployment and falling wages dented consumer spending.

JAPAN: Aeon confirms FY forecast despite weak H1

6 Oct 2009

Aeon Co. has posted a net loss for its first six months, as Japan's recession cut into consumer spending on food and clothes.

JAPAN: Aeon denies plans to expand in Vietnam, India

21 Aug 2009

Aeon has denied reports that a slump in demand at home has led Japan’s second-largest retailer to look to expand in India and Vietnam.

JAPAN: Aeon Q1 profit tumbles

7 Jul 2009

Japanese retailer Aeon today (7 July) posted a 62% drop in operating profit as falling consumer spending hit sales.

JAPAN: Aeon slows China expansion plans

5 Jun 2009

Japanese retailer Aeon Co. has announced that it will postpone plans to open 100 of its supermarkets in China by 2011.

JAPAN: Retailer Aeon books annual losses

14 Apr 2009

Japanese retailer Aeon Co. today (14 April) booked annual losses on the back of slow sales and one-off, restructuring charges.

JAPAN: Lawson posts robust 2008 figures

14 Apr 2009

Lawson, the Japanese retailer, has shrugged off the recession with a set of robust annual figures that showed its sales and earnings climbed in the last 12 months.

CHINA: Aeon enters Chinese convenience market

3 Apr 2009

Aeon has confirmed it is to move its convenience format into the Chinese mainland, opening a chain of its Ministop convenience stores this summer within the Shandong Province city of Qingdao.

JAPAN: Price war intensifies as retailers deepen discounts

19 Mar 2009

The price war raging between Japanese grocers has intensified, with Ito-Yokado Co and Aeon both announcing fresh discounting initiatives.



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