Retail and consumer goods industry news

15 February 2019
American manufacturer and distributor Avery Dennison has announced that it will work with the Japanese government to drive RFID technology roll-out in convenience stores across Japan. Roll-out across Japan by 2025 We have already seen some of the leading convenience operators, e.g. Lawson launch new style checkouts in recent years. This latest announcement should help accelerate the roll-ou...
15 February 2019
FamilyMart plans to open an additional 300 stores across Malaysia.  Room for growth in convenience channel QL Resources, the operator of FamilyMart Malaysia, has reaffirmed its plans to open an additional 300 stores in Malaysia. The retailer opened 30 stores in the country during the previous financial year and another 90 stores in this financial year, ending 31 March 2019. Chia Song Kun...
15 February 2019
Ant Financial, an Alibaba subsidiary and the operator of AliPay, is acquiring a UK based money transfer company WorldFirst for more than £500m (US$640m). Global expansion This deal marks Ant's biggest Western expansion, boosting its global presence significantly. It would help Ant and AliPay to increase its  customer base globally to enhance cross-border money transfer capabilities of Alipa...
14 February 2019
Japanese discount operator, Don Quijote (known as Donki) is launching its first stores in Thailand next week and in Hong Kong in July. A fun and vibrant banner... Don Quijote is well-known for its fun, ceiling-hanging merchandising, colourful and eclectic mix of products in-store, e.g. costumes, general merchandise, food and grocery, cosmetics and souvenirs. Donki's grand opening in Thai...
11 February 2019
South Korea retail conglomerate opened a new format for its Emart brand, called the SSG Food Market, in Seoul. A fusion of supermarket and food hall The new 4,000 sqm development is a fusion of premium supermarket and food hall. It includes an extensive fresh food department, with additional features such as a fishmonger, a butcher, a Korean deli, a sushi restaurant, a café, a florist and a...
06 February 2019
FamilyMart is launching a discount meals program in over 2,000 stores across Japan. FamilyMart children's restaurant Famima Kodomo Shokudo (FamilyMart children’s restaurant) aims to support low-income families with discounted meals. The new initiative will allow children and their parents access to meals, desserts and beverages at prices of JPY100 (US$0.9) for elementary school pupils, and ...
05 February 2019
FamilyMart has launched its first laundry-convenience store in the Sanchong District of New Taipei, Taiwan. A multipurpose convenience store FamilyMart's new laundry convenience store, which opened last month, operates approx. 140 sq m. The store is fitted with five all-in-one washer-dryers, a service support/payment counter, an area for daily consumables, cigarettes, and more. The retailer...
04 February 2019
Lionel Desclée has been appointed as the new CEO at Seiyu, one of the largest supermarket chains in Japan. New Seiyu CEO from 15th March From 15th March, Lionel Desclée will takes over from Mitch Slape (interim CEO) as the new CEO of Seiyu. Desclée left management of Tom & Co earlier this year, but he remains a shareholder and member of the board. Walmart invested in Seiyu back in ...
04 February 2019
The Philippines’ second largest retailer is expanding towards new geographic locations by opening stores and acquiring grocery retail chains nationwide. New stores opening The group is to open 25 more stores and four S&R membership warehouse stores this year. The four S&R membership warehouse stores to be opened this year will be located in Metro Manila, Southern Luzon and outside Metro Man...
31 January 2019
Alibaba Group Holding Limited announced its financial results for the quarter ended 31 st December 2018. Growth driven by technology The company had another strong quarter. In the press release, Daniel Zhang, CEO of Alibaba, commented that “ Our resilient operating and financial performance is a direct reflection of our persistent focus on better serving our growing base of nearly 700 mill...