Tag: Seiyu

  • Rakuten  and Seiyu to partner in online grocery service

    Rakuten and Seiyu to partner in online grocery service

    Japanese online retail company Rakuten is partnering with Walmart-owned supermarket Seiyu to launch an online grocery service. Spokespeople from the companies say about 20,000 products will be available on the site, drawn from the Seiyu range, including fresh food. Orders will be fulfilled from stores, restricting the service – for now – to about 16 Japanese suburbs, however a warehouse has been opened near Tokyo to serve the capital.

    “We can tap into Rakuten’s 99 million-strong membership base,” said Seiyu executive officer Tamae Takeda. “[Rakuten’s] advantage is in technology, so we can combine our strengths.”

    The new online grocery service will compete with one launched by Amazon in April last year, as well as those offered by larger Japanese supermarket chains.

    Seiyu and Rakuten plan to offer free delivery on orders over a set threshold, or $4 for those under it.

  • Don Quijote hopes for Seiyu plot

    Don Quijote hopes for Seiyu plot

    Japanese discount retailer Don Quijote says it wants to buy Walmart’s Seiyu department store business in Japan.

    But Walmart still claims it is not for sale.

    Despite widely published reports, that Walmart was approaching potential buyers for the unit, the US company denies it is selling up and moving out of Japan.

    A Walmart spokesperson said that the company is not in talks with prospective buyers and is continuing to develop the business.

    Don Quijote CEO Koji Ohara told a press conference this week that if Seiyu came up for sale “we would be interested and it is attractive”.

    “If you don’t have real estate you can’t do retailing. In addition to its human resources, Seiyu has many locations that you cannot get your hands on,” he said.

    The original Nikkei report said Walmart could fetch 300 – 500 billion yen (US$2.7 – $4.5 billion) for the business if it sold. The move was perceived as a potential outright withdrawal from Japan and a chance for the firm to refocus on higher potential markets in China and India.

    Don Quijote, which has recently expanded into Singapore, last week reported its 29th consecutive year of sales and profit growth. The chain aims to have 500 stores in Japan by 2020, 80 more than it has now. But it is struggling to find locations.

  • Walmart and Rakuten Announced New Strategic Alliance

    Walmart and Rakuten Announced New Strategic Alliance

    In Tokyo today, Walmart president/CEO Doug McMillon and Rakuten chairman/president/CEO Hiroshi “Mickey” Mikitani announced a strategic alliance aimed at expanding consumer reach and enhancing customer service.

    Included in the collaboration is the launch of an online grocery delivery service in Japan as well as an exclusive retail alliance between the US retail giant and e-reading service Rakuten Kobo. This will enable Walmart to sell e-books and audiobooks, as well as offer Rakuten Kobo e-readers in stores and online in the US.

    “We’re excited to collaborate with the top online shopping destination in Japan,” says McMillon.

    “We look forward to expanding our grocery footprint in Japan and launching eBooks and audiobooks for our customers in the US.”

    Rakuten and Seiyu GK, a Walmart subsidiary, have reached a basic agreement to establish a JV to launch a delivery service for online grocery shoppers in Japan, to be known as Rakuten Seiyu Netsuper and planned to start late this year. With the aim of increasing fulfillment capacity, enriching the merchandise offering and improving customer convenience, the service will establish a fulfilment centre this year as well as offering deliveries from Seiyu stores.

    The service’s merchandise offering will showcase Seiyu’s twin strengths of “quality” and
    “low prices”. It will include not only fresh produce and daily consumables, but also convenience items such as cut vegetables, partially prepared foods and ready-meal kits, as well as local gourmet products from Rakuten Ichiba marketplace merchants.

    An optimised user experience will be offered, with more personalisation enabled by big data and AI. Customers will be able to earn and use Rakuten Super Points on more than 70 services.

    Meanwhile, Walmart will become Rakuten Kobo’s exclusive mass retail partner in the US, offering nearly 6 million titles from thousands of publishers and hundreds of thousands of authors. Walmart will also sell digital book cards in more than 4000 stores.

    All e-book content will be accessible through a Walmart/Kobo co-branded app for Android and iOS devices, a desktop app and Kobo e-Readers, which will also be sold at
    Walmart.

  • Migros to sell private label in Japan

    Migros to sell private label in Japan

    Swiss retailer Migros is to sell private label products into two Japanese retail chains.

    Switzerland’s largest grocer, and one of the world’s 40 largest supermarket chains, is to sell lines to Lawson’s Seijo Ishii stores and Seiyu, which is Walmart’s Japan business.

    According to the Nikkei Asian Review, Migros will start with 16 premium products including Swiss Delice biscuits and iced tea, which will go on sale in 400 supermarkets trading under the Seiyu and Seijo Ishii banners.

    By 2020, Migros hopes to expand the range to 300 items, including desserts, snacks, cosmetics and skincare products, projecting sales of US$16 million annually.

    Retail research house IGD describes the move as “particularly surprising” for Seiyu, whose range already includes private label lines from Walmart’s own network, including Asda’s Extra Special wines.

    IGD describes Japan as “the most sophisticated private label market in Asia,” with strong players including Seven & I, Aeon, FamilyMart and Lawson.

    “These retailers are exploring the higher margin opportunities that premium private label ranges offer, focusing development around high quality, special ingredients and unique products.”

    Those ranges include Seven Gold and FamilyMart’s Platinum Line.

    But IGD says European influenced products are likely to appeal to shoppers’ increasingly cosmopolitan tastes, and the early line-up includes items which are mutually popular in the Swiss and Japanese markets: ice cream and iced tea.

    “Migros follows in the footsteps of European retailers Waitrose and Carrefour, whose private label products are already available in Japan through partnerships with Aeon.”