Drugstores news

16 August 2019
Matsumoto KiYoshi is reportedly in talks with Kanagawa-based Cocokara Fine on an acquisition deal. Merger would create Japan’s largest drugstore chain Should the deal go ahead, the merger would create a drugstore chain significantly larger than close and current market leader Welcia Holdings operated by Aeon. Drugstores like Matsumoto KiYoshi selling food, soft drinks and liquor has alre...
01 August 2019
The world's largest international health and beauty retailer, A.S. Watson, has posted its results for the first half ending 30 June 2019. Exchange rates impact H1 results A.S. Watson's retail division, which is split into five subdivisions, Healthy & Beauty Western Europe, Eastern Europe, China, Asia and Other Retail, ended the first half of 2019 with 15,213 stores across 25 markets - a 5% ...
01 August 2019
Dairy Farm has released its H1 results for the six months ended 30 June. Consolidated sales increased 13% to US$13,781m, but subsidiary sales fell 3% to US$5,761m. Overall performance encouraging Dairy Farm’s overall performance is recovering. It recorded positive sales in four out five divisions and underlying profit for the first six months was up 5%. Strong performances from associates a...
05 July 2019
We went to the newly refurbished Funan Mall in Singapore to check out four stores of the leading retailers in Singapore. Young and energetic vibe Source: IGD Research This used to be known as the IT mall - a place for tech geeks who want to build their own computers from component parts and check out the latest gadgets. After three years of redevelopment, the mall has opened with a swan...
16 May 2019
A.S. Watson has expanded its Watsons One Pass loyalty program to cover over 660 stores in China’s Greater Bay Area. Convenience for cross-border travellers Shoppers in Guangdong, Hong Kong and Macau are now able to enjoy member benefits when they shop at Watsons by using just one loyalty card, Watsons One Pass. The retailer operates in all 11 cities in the Greater Bay Area, and the new init...
09 May 2019
Vietnam's largest drugstore chain Pharmacity receives funding from Mekong Capital. Aggressive expansion plans Estabilshed in 2011, Pharmacity has rapidly grown its network to 186 stores in Vietnam and aims to have 1,000 stores within the next two years. “ Our partnership with Mekong Capital will empower us to continue improving healthcare for the Vietnamese people and help accelerate our gr...
07 May 2019
SM Retail and A.S. Watson’s joint venture, Watsons, will open 100 new stores in the Philippines this year. Opening community-based stores Of the 100 planned new stores, 80% will be community-based stores. The aim is to provide greater accessibility to shoppers as it recognises that not all shoppers go to malls. These stores will be approx. 200 sq m, with three quarters of the space used as ...
17 April 2019
Japanese cosmetics company Shiseido and A.S. Watson have partnered to launch an exclusive derma skincare range under the “D Program” brand. A.S. Watson working closely with brands A.S. Watson partners brands to drive innovation. Last month, we outlined how it is partnering L'Oréal's AI and AR firm ModiFace have launched a virtual makeup service . The retailer's latest initiative is to ...
01 April 2019
A.S Watson will invest HKD1bn (US$128m) on digital innovation over the next ten years as it continues to step up transformation across the business to enhance the shopping experience. Staying ahead of competition A.S. Watson continues to invest in technology and ecommerce. By next year, the retailer will have spent approx. HKD1bn on digital and technology since 2012. Over the next ten years...
11 January 2019
Health and beauty retailer, A.S. Watson, will open its first store in Vietnam on 17 January 2019. Store to be opened in Ho Chi Minh The store will be located in Bitexco Financial Tower in District 1, Ho Chi Minh City. It is the tallest building in the city. The area is well visited by tourists due to its magnificent views on the Sky Deck. It is also known for its luxurious offices. More ...