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 21, 2014

September supermarket sales down for sixth month

Supermarket sales fell 1.0 percent in September from a year earlier on a same-store basis, declining for the sixth consecutive month following the April consumption tax hike, an industry body said Tuesday. Sales at 9,262 stores operated by 60 supermarket chains totaled ¥1.016 trillion, ...

Prices for grilled eel slide as numbers bounce back

Jul 5, 2014

Prices for grilled eel slide as numbers bounce back

Prices for grilled eel are finally dropping thanks to a rebound in populations of the fish here and abroad. Supermarkets in Japan are starting to sell the summer specialty at bargain prices ahead of the Day of the Ox on July 29, when they ...

Mar 24, 2014

February supermarket sales gain 1.5% to ¥965.5 billion

Sales at supermarkets in February rose 1.5 percent from a year earlier on a same-store basis, up for the first time in three months, an industry group said Monday. Total sales at 9,174 outlets run by 59 companies came to ¥965.5 billion, the Japan ...

Apr 23, 2013

Supermarket sales register first rebound in 13 months

Japan’s supermarket sales marked the first year-on-year rise in 13 months in March on a same-store basis, backed partly by spirited closing sales, an industry body said Monday. Total sales at 7,947 stores operated by 57 supermarket chains stood at ¥1,044.65 billion, the Japan ...

Big retailers fear ad ban after tax hike

Mar 20, 2013

Big retailers fear ad ban after tax hike

Domestic superstore operators are concerned about a government bill banning retailers from advertising price discounts to minimize the impact of the April 2014 consumption tax increase on customers and, eventually, their earnings. The government says it has drawn up the bill to allow companies ...