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 ...

Aeon makes play for control of Daiei

Mar 19, 2013

Aeon makes play for control of Daiei

Retail giant Aeon Co. is looking to become the top shareholder of Daiei Inc. by buying shares in the retailer from the major trading house Marubeni Corp., sources said. Aeon has already approached Marubeni, which is Daiei’s biggest shareholder with a stake of about ...