Mr. Kiyoyasu Asanuma (middle), Managing Director of AEON Thana Sinsap (Thailand) Public Company Limited, has launched The campaign “AEON SHOP PLUS 2017” offers AEON Gold & Classic Credit Card holders with every 30,000 baht of purchases will receive an ESPRIT Fleece Comfy blanket and Cosy towel worth 2,980 baht. Registration for the campaign by sending an SMS with “SP” followed by 16-digits of AEON credit card numbers without spaces and then send to 4589123 or free register online via www.aeon.co.th from today until August 31st, 2017.
Tag: Aeon
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Aeon to open second Cambodia mall in 2018
Japanese group Aeon is expanding its presence in Cambodia with a new location, Aeon 2, announced for 2018.
Covering 70,500 square metres of retail space, it will be the second Aeon Mall in Cambodia. The exact location has not been disclosed, nor has a date been given for completion.
According to local media, Cambodian retailers are hailing the entrance of Aeon in 2014 as a huge success, saying its “high standards” are having a positive impact on the Kingdom’s retail sector.
“Aeon is the first international mall operator and developer in Phnom Penh, and they have set an industry standard and expectations for other such malls in Cambodia,” said Cambo-Sia CEO, Daniel Li.
“The demand for entry into Aeon is very high, and there is a waiting list for brands wanting to make a debut in the mall.”
Aeon Mall, the first large-scale modern shopping mall in Cambodia, recently celebrated its third year of operation in the Kingdom.
CBRE’s first-quarter real-estate report said prime retail rents for malls have dropped by 0.9 per cent compared to the previous quarter, averaging US$31.1 a square metre per month. Prices gained 1 per cent year-on-year.
The second half of last year, prime rental prices in Cambodia ranged from $32 to $70 a square metre per month, according to a Frank Knight report. The upscale Vattanac Capital mall held highest priced leases for its 5000 square metres of retail space, said the report.
Looking forward, the retail sector in Cambodia is set to further evolve over the next three years as the total modern retail space could surge from the current 212,000 square metres to 582,000 square metres.
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AEON in Collaboration with The Mall Shopping Center Anniversary Happy Surprise
Mr. Tula Pharuehaspailin (Middle), Marketing Senior Manager AEON Thana Sinsap (Thailand) Public Company Limited, Ms.Voralak Tulaphorn (Right), Senior Vice President Marketing The Mall Group, and Ms.Duangta Phongwilai (Left), Group General Manager – Shopping Center Corporate Marketing The Mall Group launches “The Mall Shopping Center Anniversary Happy Surprise” campaign for AEON shopping enthusiasts, with a “Lucky Surprise” draw when choosing to spend at every branch of The Mall Shopping Center.
Every 1,000 baht spent, customers will get an x3 lucky draw coupon to win a special trip to Japan, Osaka with a round-trip flight ticket and accommodation for up to 5 prizes for 2 seats per prize totaling 650,000 baht. Followed by “Surprise Digital Box”, where customers spending 800 baht and above will get a chance to win a Surprise Digital Box. Most importantly with “AEON Surprise” ,when spending 5,000 baht or more with The Mall Shopping Center receive cash vouchers up to 500 baht , together with many promotions starting today until the 2nd of July, 2017.
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Japanese retailer Aeon to launch English version of AeonEshop.com
Since entering the e-commerce market in January 2017 with the site AeonEshop.com, the Japanese supermarket Aeon has quickly gained the attention of customers thanks to its unique selling point compared to other e-commerce websites – high quality Japanese goods. To better serve customers, the firm is about to release the English version of AeonEshop.com.
Success thanks to uniqueness
AeonEshop’s initial success stems from its products’ variety and quality. With a focus on selling high quality Japanese goods to meet customers’ demand, the site has quickly established its foothold and become customers’ favorite shopping destination, while numerous other online sales websites have to be stopped after a short time of operation.
AeonEshop’s operation has been pretty successful. Its products are always ensured to be updated and diverse to meet Vietnamese consumers’ needs and high standards.
Recently, the site has made a big step by expanding its reach to the northern provinces of Vietnam like Hanoi, Vinh Phuc, Bac Ninh, Hung Yen and Hai Phong to satisfy customers who enjoy using Japanese goods.
Hanoi is usually considered a difficult market due to geographic conditions, people’s traditional consuming habits and shopping culture. However, for those who are fond of Japanese goods, this is good news and marks a new beginning in AeonEshop’s attempt to access the northern region, which has a lot of potential for development.
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AEON in Collaboration with Bangkok Bank launches “Get A Chance to Win Gold with AEON”
Mr.Nuntawat Chotvijit, Marketing Director of AEON Thana Sinsap (Thailand) Public Company Limited (second left) together with Ms. Prassanee Ouiyamaphan, Executive Vice President of Bangkok Bank (center), and Mr. Arjharn Petchdee, Senior Vice President of Bangkok Bank (second right), announced the launch of “Get A Chance to Win Gold with AEON” promotional campaign, which runs until June 30.
AEON Your Cash cardholders are eligible to participate in the campaign by making cash withdrawals of at least 1,000 baht at Bangkok Bank ATMs. The prizes, worth 753,750 baht in total, include 5 gold bars worth 100,000 baht each and 25 (50 Satang) gold necklaces valued at 10,150 baht each.
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Eat-in supermarkets catching on in Japan
Japanese retail group Aeon will expand dining areas at its domestic stores, aiming to capture demand from the growing ranks of seniors and dual-income families wanting to spend as little time as possible on household chores.
Within three years, group unit Aeon Retail plans to double to around 150 its stores with spaces seating at least 50. Most of its 360 locations stores already have dining spaces, but only for 20 to 30 people.
The plan is to create the roomy spaces at 30 or so locations each year as stores undergo renovation. Dedicated registers may be set up so that customers need not wait in the same lines as grocery shoppers. Such new items as pizzas baked to order and make-your-own salads will be gradually introduced.
Yaoko, a supermarket operator in the greater Tokyo area, has renovated a flagship store in Kawagoe, northwest of the Japanese capital. It serves freshly made meals there for eating in-store, such as a 680 yen ($6) bowl of seafood over rice with eight toppings.
Yokohama-based discount retailer OK runs a food court at one of its stores that serves dishes made from such supermarket-section ingredients as rice, eggs and beef.
Supermarkets sell prepared foods at lower prices than convenience stores and restaurants. Eating on the premises spares customers from dealing with the resulting trash at home. Retailers hope to leverage these benefits to pull in more shoppers. Since foods prepared on-site carry higher margins than processed foods from manufacturers, in-store eating is seen buoying earnings as well.
In the U.S., such major retailers as Whole Foods Market have “grocerant” — a portmanteau of “grocery” and “restaurant” — dining areas offering prepared foods for purchase by weight. These are drawing attention as a new way to lure customers. The market for prepared foods from grocers has been estimated at $10 billion a year.
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AEON Your Cash Awards 1 Million Baht Worth of Gold to Lucky Winner
Ms.Saranya Pipoppinyo (right), Vice President Marketing of AEON Thana Sinsap (Thailand) Public Company Limited, awarded a gold bar, valued at 1 million baht, to Ms. Jirarat Khunthong, a lucky winner from Trang province, as part of “Win Gold Worth THB1 Million with AEON”. The campaign was eligible for AEON Your Cash customers who withdrew cash or transferred Your Cash loan at least 1,000 baht from 1 January – 28 February 2017.
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AEON in Collaboration with Big C to Launch “Big C Platinum pay”
AEON Thana Sinsap (Thailand) Public Company Limited, a leading retail finance company, in collaboration with Big C Supercenter Public Company Limited, a leading hypermarket retailer, has announced cooperation to launch the new “Big C Platinum payWave Credit Card and Big C Exclusive Card” to offer exclusive privileges under the concept “Daily happiness for shopping at Big C”.
Mr. Kiyoyasu Asanuma, Managing Director of AEON Thana Sinsap (Thailand) Public Company Limited said AEON has a strong commitment to develop credit cards that fulfil the changing lifestyle of consumers. The Big C Platinum Credit Card and Big C Exclusive Card offers exclusive privileges under the “Daily happiness for shopping at Big C” concept. These new cards give Big C customers nationwide freedom when spending. This collaboration is a combination of strength between AEON and Big C to deliver the best service and goods to customers. We expect to reach 100,000 new cardholders within the first year from Big C store over Thailand and online channel.
Mr. Aswin Techajareonvikul, Chief Executive Officer & President of Big C Supercenter Public Company Limited said that Big C Platinum Credit Card and Big C Exclusive Card are products that emphasize the position of Big C as a Thai supermarket that is concerned about its customers and always provides the best price to its customers. Big C is a leading hypermarket retailer in Thailand with Big C Supercenter, Big C Extra, Big C Market, Mini Big C, around 673 branches over Thailand. When Big C customers spend via Big C Platinum Credit Card and Big C Exclusive Card, they get the best price along with exclusive privileges.
The Big C Platinum Credit Card is the first and only card that offers cardholders 3% discount on purchases straight away with a maximum discount of 1,500 Baht per month or 18,000 Baht per year when purchasing selected items at Big C Supercenter, Big C Extra, Big C Market, Mini Big C, and Big C Online Shopping. Cardholders are also eligible to pay by installments with 0% interest rate for 6 months when purchasing items priced over 5,000 Baht. In addition, the cards give other privileges, i.e. exclusive car park at 10 branches of Big C, Travel Accident Insurance with a limit of 31 million Baht, a redeemable Big C voucher with AEON Happy Points with every 1,000 points equal to 100 Baht.
The Big C Exclusive Card also offers 0% interest rate for 3 months when purchasing electronic appliances priced over 5,000 Baht or 0.59% interest rate for 18 months when purchasing electronic items priced over 10,000 Baht or purchasing a mobile phone over 15,000 Baht at every branches of Big C.
Big C Platinum Credit Card and Big C Exclusive Cardholders can also receive special privilege as a member of BIG CARD, and discounts from leading stores. Annual fees for Big C Platinum Credit Cards and Big C Exclusive Cardholders are free for the first year, and free for another year, with at least one purchase.
Those who sign up for a Big C Platinum Credit Card before August 31 will get a 20 inch piece of CAGGIONI luggage valued at 4,990 Baht with accumulated purchases of over 10,000 Baht or when making payments on a credit installment plan of 20,000 Baht. Cardholders are also able to get a Big C voucher valued of 400 baht with accumulated purchases of 5,000 Baht via Big C Platinum Credit Card, or when making payments on a credit installment plan of 10,000 Baht via Big C Exclusive Card. Cardholders have to register for the program to enjoy exclusive privileges.
“We are now focusing on a marketing campaign to reach our target by launching a new TVC, with over 50 million baht budget. The new TVC under the concept “Get the best price with Big C Platinum Credit Card” that we are so delighted to have Kong – Saharat Sangkapricha as a presenter. We hope that the launch of the new cards will increase the number of our target groups at 100,000 new cardholders within the first year”
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AEON Offers Free Thai Airways Tickets To Japan, Along With Other Promotions
AEON Thana Sinsap (Thailand) Public Company Limited is set to offer its Bangkok customers a variety of promotions at the 17th Money Expo Bangkok, on May 11-14 at Impact Muang Thong Thani, 2-3 Challenger Hall, Booth B1. Aeon will be on hand to provide products and information on a variety of financial services, including loans; Your Cash loans; cash advance via Aeon credit card; Honda motorcycle installment plans, with 0% interest rate for 6 months or 0.89% interest for 48 months; gold installment loan with 0% interest rate for 6 months, or 0.89% interest for 9, 12 months; redeem AEON Happy Rewards from accumulated points, AEON member applications; and AEON insurance service.
In addition, AEON customers who has the financial transaction that meet AEON’s conditions will also be in for a chance to win two premium Thai Airways tickets from Bangkok to Japan (Narita), economy class valued at 50,000 baht; a 1 baht gold necklace valued at 20,770 baht; Big C gift voucher valued at 2,000 baht, and much more.
There will also be performances from famous singers on all three days during May 12-14, including Tom Room 39 (Durian Mask), Rit Rueangrit (The Star), and Kong Saharath.
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Vietnam convenience store growth to lead Asia
Vietnam will be the fastest-growing convenience market in Asia by 2021, predicts international grocery research organisation IGD.
According to the researcher, Asia’s grocery market will be the largest in the world with predicted 6.3 per cent of compound annual growth rate, up to US$4.8 trillion by 2021.
Of that, the convenience store sector will see double-digit compound annual growth in the next four years.
IGD predicts the Vietnam convenience store market will grow by 37.4 per cent in that time, followed by the Philippines at 24.2 per cent and Indonesia at 15.8 per cent. Those figures are based on assessments of the performance of the leading convenience store operators in each market.
During the past couple years, Vietnam convenience stores have become popular destinations, especially for young consumers. Savvy operators, like Circle K and FamilyMart have recognised local demand for c-stores as a place to not only shop but to hang out as well, providing an air-conditioned area to consume freshly-served convenience foods and snacks, up-to-date merchandising systems, a mix of imported and local goods and – in some stores – even free Wi-Fi.
It is also easier for businesses to get licences for stores with footprints under 500 sqm.
According to IGD, Vietnam, the Philippines and Indonesia share similar characteristics that make their convenience markets particularly ripe for growth, including:
- Store expansion: In all three markets, major players are speeding up store roll-outs in a battle for marketshare. For example, the number of c-stores operated by the top five retailers in the Philippines has more than doubled during the last five years and retailers are gradually shifting their focus from the capital to more provincial areas for greater opportunities.
- Local players are gaining a stronger foothold: Asia’s convenience market has traditionally been dominated by Japanese retailers, such as 7-Eleven (which has yet to debut in Vietnam), FamilyMart and Aeon. However, there have been more market consolidations and partnerships and most noticeably, domestic players such as VinMart in Vietnam and SM Retail in the Philippines have been scaling up their operations and establishing leadership in their local markets.
- Neighbourhood mini-supermarkets are becoming more popular: Apart from the modern convenience store format, local operators such as Indonesia’s Indomaret and Dairy Farm’s Wellcome format in the Philippines have developed a successful neighbourhood mini-supermarkets model, which better cater to local needs. These mini-supermarkets are typically between 150 and 300 sqm in size and are located in residential areas, with a focus on fresh food, top-up grocery and food-for-tonight.
Thanks to the positive economic outlooks of all three countries, consumers are shifting from traditional wet-markets to the so-called modern trade, like convenience stores and supermarkets.
Increased GDP per capita and foreign investment have also encouraged the market growth.
“Among all the brick-and-mortar grocery channels, convenience shows the strongest growth prospects in Asia, thanks to rapid urbanisation, a growing young population and greater levels of disposable income,” says Nick Miles, head of Asia-Pacific at IGD.
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AEON in Collaboration with Kasikorn Bank Launch “Cashing @ K-ATM with AEON
Mr. Nuntawat Chotvijit (second right), Director of Marketing, AEON Thana Sinsap (Thailand) Public Company Limited, together with Ms. Supaneewan Chutrakul (second left), First Senior Vice President of Kasikorn Bank recently launched the “Cashing @ K-ATM with AEON Your Cash Card get a special chance to win smartphone prize” campaign. The campaign, which runs until April 30, offers AEON Your Cash cardholders the chance to win one of 10 iPhone 7 Plus (128GB), or one of 51 Samsung Galaxy A7 (2017), at a total value of 1,195,990 baht by withdrawing a Your Cash loan of over 1,000 baht via a Kasikorn Bank ATM.
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Aeon Vietnam plans second Hanoi centre
Aeon Vietnam is to build a second property in Hanoi, in the Ha Dong district in the city’s west.
This follows the Japanese group launching in the Vietnamese capital two years ago, with a mall in Long Bien.
An Aeon Vietnam representative says the project, covering 9.5 hectares, will cost VND4.500 tillion (US$200 million). The expected opening date will be in 2019.
However, the group is yet to determine the specific location for its fifth shopping centre in Vietnam. Ha Dong is developing, and investing in extended ring-road system with a Bus Rapid Transit link with downtown Hanoi. An urban railway is planned to launch next year.
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Aeon to spend $200 mln for 2nd mall in its Hanoi expansion plan
Vietnam is considered Aeon’s priority destination in Southeast Asia with the largest number of shopping centers to date.
Japanese retailer Aeon is planning to pour $200 million into its second shopping mall in Hanoi this year, a company official said, which would see its investment in Vietnam’s capital nearly doubling.
The new facility covers an area of 9.5 hectares (23.5 acres) in Ha Dong District, Hanoi’s largest suburb by population. It is scheduled to come into operation at the end of 2019.
That will be the fifth shopping mall Aeon has opened in Vietnam, after its first unit was launched outside Ho Chi Minh City’s downtown in January 2014.
Vietnam’s retail market, drawing attention by retail giants such as Japan’s 7-Eleven, Swedish fashion firm H&M and Thailand’s Central Group, is listed in the top five in Southeast Asia and ranked 11th globally in terms of growth rate, based on the A.T. Kearny 2016 Global Retail Development Index.
Vietnamese people are gradually shifting away from traditional retail channels to modern retail stores and centers. Spending at supermarkets, convenience stores, and shopping malls, as opposed to traditional local shops, is expected to rise to 40 percent of consumer spending by 2020, from 25 percent currently, government data show.
The government has projected the retail market’s value to hit $179 billion by 2020, up 52 percent from last year.
Aeon is the largest retailer in Asia with a network of around 300 consolidated subsidiaries and 26 equity-affiliated companies, ranging from convenience store chains and supermarkets to shopping malls and specialty stores.
In Southeast Asia outside Vietnam, the Japan-based company is also running one shopping mall in Cambodia and two others in Indonesia. It plans to open the second facility in Cambodia in the summer of 2018 and two more in Indonesia within that year.
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AEON Launches “365 Days… Enjoy Shopping with AEON Credit Card”
Mr. Kiyoyasu Asanuma (left), Managing Director of AEON Thana Sinsap (Thailand) Public Company Limited, together with Mr. Nuntawat Chotvijit (right), Director of Marketing, AEON Thana Sinsap (Thailand) Public Company Limited, presided over the recent launch of “365 Days… Enjoy Shopping with AEON Credit Card” campaign. The campaign offers a range of special privileges to AEON Royal Orchid Plus Platinum cardholders, AEON Gold cardholders and AEON Classic cardholders throughout 2017. Cardholders will also be entitled to special promotions from AEON’s partners, including its newest partner, Pizza Hut.
The first exclusive promotion available to all cardholders is a set of Extra Value Meals worth 79 baht from McDonald’s and a Buy One, Get One Free promotion from Pizza Hut when placing an order at the restaurant or using the delivery service. The second promotion entitles cardholders to a Buy One, Get One Free cinema ticket, or at a special price of 99 baht, when buying a cinema ticket at any Major Cineplex theatre.
Moreover, for the third benefit, Get up to 500 baht cash back when spending an accumulated amount of 3,000 baht or over with AEON credit cards The fourth promotion entitles AEON credit cardholders to receive a 5% discount on items at MaxValu and MaxValu Tanjai every 1stand 15th of the month. The campaign runs from today until 28th February 2018.
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Doutor Coffee arrives in Malaysia
Japan’s Doutor Coffee has opened three outlets in Malaysia – in Aeon Tebrau (Johor Baru), Sunway Velocity Mall in Kuala Lumpur and Aeon Bukit Tinggi.
This follows other international expansion in Singapore, South Korea and Taiwan.
Doutor Coffee was founded in 1980 by Toriba Hiromichi with a 9 sqm outlet in Tokyo’s Harajuku district. There are now more than 900 outlets in Japan.
MD Yasuhiro Yamamoto says Doutor decided to open in Malaysia because it had found a good partner in the Texchem Group, which owns 106 Sushi King outlets in Malaysia. More outlets are being planned, with some to open next year.
All will follow the Doutor Japan formula with a strong focus on coffee and freshly made food.“We have good-quality black coffee, espresso and cappuccino, and the food will be a Japanese fusion concept,” says Yamamoto.
He says the secret to the brand’s success lies in the quality of its beans and the roasting.Doutor Coffee master roaster Masahiro Kanno says the beans are sourced from more than 10,000 plantations all over the world, including its own two plantations in Kona, Hawaii.
Kanno personally goes to select the beans, sometimes buying in bulk and sometimes buying just a few, depending on whether they will be featured as single-origin roasts or blends. The beans are flame-roasted.