Dec 8, 2014

Aeon eyes frozen food production for France's Picard

Major retailer Aeon Co. might make products for French frozen food retailer Picard Surgeles SAS in Japan, according to sources close to the matter. Aeon is planning to hold talks with Picard about the possibility of producing its frozen food items in Japan, because ...

Shareholders OK Daiei's plan to become fully owned Aeon unit

Nov 26, 2014

Shareholders OK Daiei's plan to become fully owned Aeon unit

During an extraordinary meeting on Wednesday, shareholders of Daiei Inc. approved the struggling supermarket chain’s plan to become a wholly owned unit of major retailer Aeon Co. through equity swaps in January next year. Through the Aeon group’s realignment, the trade name of Daiei ...

Aeon says it will create Japan's biggest drugstore chain

Oct 22, 2014

Aeon says it will create Japan's biggest drugstore chain

Retail giant Aeon Co. announced plans Wednesday to integrate drugstore chain subsidiary CFS Corp. with Welcia Holdings Co. to create Japan’s largest drugstore operator in 2015. Aeon said it will acquire a controlling stake in Welcia through a tender offer. Welcia reached agreement with ...

Oct 7, 2014

Aeon to begin large-scale rice farming under government program

Aeon Co. will begin rice production in Saitama Prefecture in 2015 by utilizing a government-backed farmland-leasing program, becoming the first major retailer to do so, sources said Tuesday. The move could prompt other companies to make use of the program, under which small pieces ...

Jun 10, 2014

Aeon to launch premium care center for older dogs

The Aeon retail group plans to open a nursing facility for dogs this month at a shopping mall in the city of Chiba that will operate in conjunction with a 24-hour surgery clinic, gym and swimming pool for pets in the mall, the company ...

Feb 13, 2014

Topvalu prices will not go up, Aeon says

Major retailer Aeon Co. plans to maintain the prices of more than 3,000 items sold under its Topvalu brand after consumption tax is raised in April from 5 percent to 8 percent, company officials said. But the company will not change the quantities of ...

Ito-Yokado begins six-day veggie sale

Jul 17, 2013

Ito-Yokado begins six-day veggie sale

Supermarket chain Ito-Yokado Co. began a nationwide six-day bargain sale of vegetables Wednesday amid rising prices stemming from tight supply due to unfavorable weather. Ito-Yokado said it has set prices of 16 items 15 to 65 percent lower than Monday’s prices at its 156 ...

Jun 26, 2013

Aeon turns to Kanda Gaigo for language help to aid expansion

Supermarket chain Aeon Co. says it will tie up with the Kanda Gaigo Group, the umbrella body for Kanda University of International Studies and other language education units, to help employees learn Asian languages and speed its business expansion. Aeon is keen on bolstering ...

Jun 6, 2013

Aeon to promote Southeast Asia food safety with U.N. body

Aeon Co. said it will create a framework to supply safe food products to Southeast Asian nations in cooperation with the U.N. Industrial Development Organization. The supermarket operator said Monday it plans to start in Malaysia, where its local affiliate will instruct producers and ...

Aeon to take over Daiei in bid for dominance

Mar 31, 2013

Aeon to take over Daiei in bid for dominance

Aeon Co. announced Wednesday it will increase its stake in Daiei Inc. to turn the smaller superstore chain into a subsidiary, creating a massive retailing group that will have combined sales in excess of ¥6 trillion. Aeon, which owns a 19.9 percent stake in ...