Japan
7-Eleven parent receives buyout proposal from Couche-Tard
7-Eleven parent receives buyout proposal from Couche-Tard
No decision has been made yet on whether to accept, reject, or discuss the proposal.
South Korean brands eye Japanese market as demand for personalised nutrition grows
This surge in interest is largely driven by a growing focus on natural ingredients.
Rakuten rebrands online grocery service as ‘Rakuten Mart’
The existing Rakuten Seiyu Netsuper website and app will remain in use, with operations extending from several regional warehouses.
Shiseido names Kentaro Fujiwara as next CEO
He will succeed Masahiko Uotani, who will retire as chairman and CEO.
AEON and Ocado to build third customer fulfilment centre in Japan
AEON will integrate Ocado's latest technologies, including On-Grid Robotic Pick (OGRP).
Authentic Brands Group appoints Jeff Daggett as head of Japan
He will lead efforts to strengthen the group’s presence and growth in Japan.
Koala Sleep Japan KK wins Retail Asia Awards 2024 for MIRAIKUSTOM Bed Frame
Its MIRAIKUSTOM Bed Frame has become the highest-rated amongst all its products in the company.
Nissin Foods acquires Gaemi Food
The deal is valued at KRW48,000m (HK$271.7m).
Jo Malone opens flagship store in Japan
The new Harajuku location spans 2,540 square feet.
Rakuten achieves carbon neutrality across all subsidiaries
It implemented energy efficiency measures and adopting renewable energy across its subsidiaries.
63% of Japan's online transactions used payment cards in 2023
Credit and charge cards also held a 60.8% share.
Average retail rents rise across Japan in Q1 2024
Kyoto’s average rents exceeded pre-pandemic levels for the first time.
Beam Suntory rebrands as Suntory Global Spirits
This marks Suntory Holdings' 10 years of thriving spirits business growth since acquiring Beam Inc. in 2014.
Rakuten Ichiba launches Rakuten AI University to boost merchant efficiency
The RMS AI Assistant (Beta) offers features such as automated product descriptions, image processing, and text generation.
Suntory to raise prices on selected products in Japan from 1 Oct
The recommended retail prices for these products will increase by +6 to +32%.
EssilorLuxottica seals acquisition of Washin Optical to expand optical retail presence in Japan
The group aims to boost the recognition of quality eyewear and eye care solutions amongst Japanese consumers.
Mitsui and ROHTO to jointly acquire Eu Yan Sang International
The acquisition is valued at approximately $593m.
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Traceable, regenerative, profitable: The new rules of food retail in Asia