Tag Archives for " Drugstores "

Oct 07

Matsukiyo LAB: the new beauty store for singles

With all the major drugstore chains introducing new value added services in efforts to compete in the increasingly saturated sector, last month the leading chain, Matsumotokiyoshi, added to the competition with the first of an entirely new format. Matsukiyo LAB is aiming for 50 stores within five years, targeting single person households in urban areas […]

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Feb 15

Lawson ties with Tsuruha, but pulls back on supermarkets

In the past month, Lawson has confirmed a new deal with Tsuruha, the number three drugstore chain, but announced a surprise retreat in supermarkets. Tsuruha will become a corporate franchisee, using Lawson‘s know-how and convenience store supply system to develop hybrid stores. At the same time, Lawson will close round 260 Lawson 100 and Lawson […]

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Dec 15

Matsukiyo to introduce duty-free and EDLP formats

With competitive pressures building, Matsumotokiyoshi is looking to maintain its lead by introducing new store formats, expanding the range of non-prescription merchandise like cosmetics and household goods. The move comes in response to Aeon’s desire to consolidate its drugstore operations in the coming year, making it the largest player in the sector when all GMS […]

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Nov 15

Aeon’s drugstore revolution continues

Aeon has begun full absorption of its Welcia Holdings affiliate, the start of plans to shake up drugstore retailing, with Welcia and three other major drugstore chains merged by the middle of 2015. This will create the largest single chain in the country, overtaking Matsumotokiyoshi, and put Aeon in a position to make even further […]

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Jul 15

FOCUS: Sales peak or new beginning? Retail results FY2013

FY2013 retail results were heavily influenced by both renewed consumer confidence and increased spending spurred by the pending tax increase, but they also represent a new benchmark for the industry. Whereas a decade ago, the high performing retailers stood out as the exceptions, last year the opposite was true, with just a small number of […]

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Jul 15

Lawson to expand drugstores

Lawson is set to expand its directly operated drugstore business. With all major convenience store players expanding into the same area, Lawson will add both more franchise partners from existing drugstore chains and convert around 500 of its own convenience stores to drugstores, as well as open new, directly operated Lawson Drug outlets. Lawson, the […]

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