Aeon news

02 August 2016
Japanese retail giant Aeon will become the first foreign retailer to operate stores in Myanmar after the country’s democratic reforms in 2011. JV with local firm Aeon will create a Joint Venture company in August with Myanmar’s conglomerate Creation Myanmar Group of Cos. to co-operate supermarkets in the country. Aeon will provide the majority of the funding for the venture, which will be c...
29 March 2016
The pan-Asian retail group Aeon Mall plans to expands its footprint in Asia by opening new shopping malls in Indonesia and Vietnam, and evaluating potential opportunities in Laos, Myanmar and Thailand. Plans to open nine new stores by 2020 Aeon Mall opened its first store in Indonesia in 2015 and the group is planning to open five new malls in Jakarta under its 2020 strategy. It will also a...