Aeon to close 40 supermarkets

Wednesday 09th July, 07:29 AM JST

The requested article has expired, and is no longer available. Any related articles, and user comments are shown below.

› Login to comment

8 Comments

wanderlust at 08:44 AM JST - 9th July

Does this mean that small specialist shops are becoming popular again? What does negotiating with local communities really mean? Will AEON contribute to their rebuilding?
thundercat at 09:07 AM JST - 9th July

A lot of these stores were opened with the specific intent of putting the competition out of business. They were operated at a loss in order to ensure that there was no way to fairly compete. Once Aeon puts 'the other guys' out of business they shut their doors too? Shameful. Unfortunately, this is the business model of more than one company in Japan. Not really sustainable in the long term.
some14some at 09:15 AM JST - 9th July

thundercat: yes, didn't pay-off instead resulted in lay-off
borscht at 09:22 AM JST - 9th July

In other news on this site, bankruptcies are up for the first time in six years. In my local community there area number of shopping malls but in between the malls are many, many boarded up small shops. Some of those shopping malls are run by Aeon. Will this mean those small shops will be rented out again or are they gone for good?
Coligny at 11:26 AM JST - 9th July

Me little shop lost it's Jusco 2 years ago... somewhat troublesome to find the good cat litter now...

Too much, too big, too boring... welcome to Aeon...
lou3993 at 02:28 PM JST - 9th July

I just hope the Aeon in my area does not close, I dont think I could handle starvation!!
rajakumar at 09:21 PM JST - 9th July

Aeon supermarkets reduce outlets, to cut costs. There is need for Aeon to raise up its finances with ties with other richer global companies world wide.

Business and finance today, know no national borders, in a borderless world of trade/imports/exports.
zaichik at 09:03 AM JST - 11th July

I remember when Niigata's Daiei closed a couple of years ago - that was quite a shock and meant that there were no decent supermarkets in the Bandai area of town. The closure of these branches of Aeon could prove similarly inconvenient for people who perhaps don't have their own transport and will have to travel further afield on public transport (if it exists in their area).