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Retail Asia17/07/2019

Aeon Vietnam will invest US$280 million for its third property in the capital city, Hanoi. The mall, in South Hanoi, is scheduled to open by the end of next year, according to Aeon executive director and general director of Aeon Mall Vietnam, Yasutsugu Iwamura. The Japanese retail giant plans to have 20 malls in Vietnam […]

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Retail Asia21/06/2019

Aeon Malaysia will spend around RM500 million (US$119.2 million) this financial year on mall renovations and new openings. The figure is less than the Japanese retailer’s spend last year and reflects a more focused approach on portfolio consolidation and refurbishments. The retailer currently operates 28 Aeon malls and 34 outlets. It is intending to open […]

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Retail Asia21/06/2019

AEON-in-Collaboration-with-The-Mall-Group-celebrates-Japans-childrens-day-at-_The-Mall-Kodomo-No-Hi-2019_-1280x853.jpg

Mr. Praphan Rangsiyopas (right), Vice President of Marketing at AEON Thana Sinsap (Thailand) Public Company Limited together with Ms.Voralak Tulaphorn (left), Senior Vice President Marketing The Mall Group cooperated to host “The Mall Kodomo No Hi 2019” to celebrate the biggest annual Japan’s children’s day of 2019 in Thailand. At the event, the children will […]

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Retail Asia05/06/2019

Japanese retailer and mall operator Aeon has launched its first hypermarket in Myanmar. The 2800sqm store is triple the size of its 14 existing supermarkets in Southeast Asia and its first hypermarket in the region. Opened in the capital city of Yangon, it sells household items as well as food. It also features a microfinancing […]

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Retail Asia23/05/2019

A week for Vietnamese goods this year will be held at the Aeon supermarket chain in Saitama prefecture and Kanto region in Japan from June 5-12, according to organizers. During the week, Vietnamese goods will be highlighted at 40 outlets in the Aeon distribution system, along with many activities such as plant tours, product assessment, […]

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Retail Asia25/04/2019

Aeon China is set to launch a self-service store network equipped with technology to anticipate what a customer will buy upon entry. The facial-recognition technology will activate recommendations and coupons displayed on the customer’s phone, based on individual purchase habits and digital payment history. It will be installed in 80 of the group’s roughly 480 […]

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Retail Asia04/04/2019

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Ms. Saranya Pipoppinyo (middle), Vice President of Marketing at AEON Thana Sinsap (Thailand) Public Company Limited, together with Ms. Lapatlada Ruetivarangkoon (left), Vice President and Mr. Anirut Srirungthum (right), Vice President Business Development of Aurora Design Company Limited unveils two summer promotions for AEON Member Card and AEON Credit Card holders through the AEON Happy […]

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Retail Asia01/04/2019

South Korean food manufacturer Daesang is reportedly exiting the convenience store business, selling its stake in the Ministop chain. A cut-throat industry in the territory, competition between players has become so intense that legislation is now in effect to forbid the opening of new convenience stores within 50 metres of existing outlets. Daesang’s withdrawal will […]

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Retail Asia13/03/2019

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The highly-anticipated AEON Credit #MyFestiveMania Supermarket Sweep Challenge returned for its’ second round, giving out more than RM20,000 worth of prizes to 10 lucky winners. Winners stood a chance to fill up their shopping carts with as many groceries and household items as they can within 5 minutes time at the AEON Big Subang Jaya. […]

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Retail Asia08/03/2019

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Recently, Ms. Saranya Pipoppinyo (5th from left), Vice President Marketing of AEON Thana Sinsap (Thailand) Public Company Limited awarded prizes to the lucky winners of the “AEON Happy Pay” campaign. The grand giveaway comprises of three prizes of gold bars, worth 100,000 baht each, the second is 20 prizes of 50 satang gold necklaces and […]

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Retail Asia30/01/2019

The sale of convenience store chain Ministop fell apart as potential bidder Lotte and the Japan-based convenience franchise failed to agree on a price. The AEON Group of Japan, the largest shareholder of Ministop Korea, filed a notice on Monday that it has suspended the sale process to sell its full stake in the unit. […]

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Retail Asia09/01/2019

Mr.Nuntawat Chotvijit (2nd from left), Executive Director of AEON Thana Sinsap (Thailand) Public Limited Company together with Mr.Donald Ong (2nd from right), Country Manager Thailand and Myanmar, Mastercard joined hands to give away a special year-end promotion for AEON Mastercard credit cardholders. With every spending of 1,000 Baht, customers will be entered win a 3 […]

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Retail Asia24/12/2018

Aeon Credit Service (M) Bhd’s net profit for the third quarter ended Nov 30, increased 23.5% to RM87.14 million from RM70.55 million a year ago, attributed to lower impairment loss on financing receivables. Revenue for the period increased 11.6% to RM348.5 million from RM312.35 million. For the nine-month period, the group reported a 22.62% rise […]

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Retail Asia21/12/2018

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Last week, Mr.Kiyoyasu Asanuma (4th from left), Chairman of AEON Thailand Foundation, and Ms.Suporn Wattanavekin (3rd from left), Vice Chairman of AEON Thailand Foundation, together with Mr. Nuntawat Chotvijit (2nd from left), Director of Marketing, AEON Thana Sinsap (Thailand) Public Company Limited and Mr.Veerawat Ariyaviriyanant (left), President & CEO of Data Products Toppan Forms Ltd. donated […]

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Retail Asia25/10/2018

Mr. Kiyoyasu Asanuma (left), Chairman of AEON Thailand Foundation together with Ms. Suporn Wattanavekin (2nd from left), Vice Chairman of AEON Thailand Foundation granted wheelchairs and shower wheelchairs worth a combined 199,900 baht to M.R. Priyangsri Wattanakun (2nd from right), Director of the Fund Raising Bureau at the Thai Red Cross Society, as an initiative […]

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Retail Asia03/10/2018

Japanese retail company AEON has closed its cooperation with Vietnamese shopping market chain Fivimart, a source said. A senior AEON official, who asked not to be named, said that the company has sold its entire stake in Fivimart to a Vietnamese firm after three years of cooperation. The source did not reveal the value of […]

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Retail Asia27/09/2018

South Korean retail operators Lotte and Shinsegae are competing to buy the 21-year-old local subsidiary of Japanese convenience-store operator Ministop. Shinsegae and Lotte respectively own rival chains Emart24 and 7-Eleven and are both reportedly seeking to take full ownership of Ministop South Korea. Both companies see the deal as a means to grow their respective […]

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Retail Asia30/08/2018

Aeon Co (M) Bhd’s net profit plunged 64.5% to RM9.79 million for the second quarter ended June 30 compared with RM27.55 million in the previous corresponding period, due to the recognition of impairment loss on investment in its associate company Index Living Mall Malaysia Sdn Bhd (ILMM). Its revenue however, rose 5.4% to RM1.06 billion […]

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Retail Asia28/08/2018

Japanese retail group Aeon has lead a US$111 million funding round in US bulk grocery delivery business Boxed. Besides the cash injection, Aeon and Boxed will share knowledge and experiences on issues such as logistics, robotics and AI data, helping to accelerate Aeon’s digital transformation. “Our industry is constantly evolving. Our latest fundraising efforts will […]

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Retail Asia23/08/2018

Aeon Stores Hong Kong has recorded record half-year revenue of HK$4.93 billion ($US628 million) in sales. The figure represents a year-on-year increase of 6.7 per cent. The group’s gross profit margin rose by 0.2 percentage points to 30.7 per cent during the period. In its report for the June 30 half year, Aeon Stores Hong […]

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