Izumi and Maruyoshi Center Become Affiliates, Furthers Proxy War with Aeon
Izumi Co Ltd (8273 JP) has taken a 20% share in Maruyoshi Center (7515 JP), the last major independent supermarket chain in Shikoku. Coupled with...
435 Views
Seven & I Closes IY Fresh on Lohaco
Seven & I Holdings (3382 JP) and Askul's (2678 JP) Lohaco closed the IY Fresh online store on the Lohaco shopping portal last month. IY Fresh...
794 Views
FamilyMart: Franchise Revenue Has Potential to Grow Despite Declining Franchisee Profitability
With 23,820 stores as of 1Q20, FamilyMart is Japan’s second-largest convenience store chain. Of these 16,430 stores were in Japan and out of which...
536 Views
Japan Consumption Tax Hike: The Impact on Convenience Stores and Cosmetics
After a lengthy delay, Japan has increased its consumption tax from 8% to 10%. The tax hike came into effect from 1st of October 2019. The...
481 Views
Aeon's Tie with UK’s Ocado: A Chance for Online Food Leadership – but Not for a While
Aeon has become the Japanese partner to Ocado, one of the best online supermarket and systems providers for food and FMCG retailing in the...
541 Views