Click here to close now.




















Welcome!

News Feed Item

Asia Pacific's Top 500 Retailers See Drop in Traditional Retail Sales, Growth in Internet Retailing

SINGAPORE, SINGAPORE -- (Marketwired) -- 06/22/14 -- Euromonitor International and Retail Asia are pleased to announce the launch of the eleventh edition of the Retail Asia Top 500 Retailers Ranking, listing the largest retailers in the region.

The retailers on the Retail Asia Top 500 Ranking had total combined revenue of $1.035 trillion, down nearly 3 percent from the previous year, due to a weakening yen. The decline in combined sales primarily was caused by the weakening exchange rate of major Asian currencies against the US dollar, which was the common denominator used for the Top 500 ranking.

Japan still dominates the top 10 positions in the Retail Asia Top 500 Ranking, but China has officially overtaken Japan with the overall highest number of entries. China's share of the Top 500 list has continuously grown from 19 percent in 2009 to over a 31 percent share in 2013.

"The top ten Japanese retailers' total sales turnover increased a creditable 3.1 percent year-on-year in domestic Yen currency term. When denominated in US dollars, the same turnover figure contracted a harsh double-digit 14.5 percent. The scenario practically held across the board among other major Asian economies as well," says Steven Goh, executive chairman of Retail Asia.

While the Top 500 Retailers in Asia-Pacific registered a drop in retail sales, internet retailers have enjoyed double digit growth. In 2013, the top 10 internet retailers in Asia-Pacific had sales totalling $110 million, up 23 percent from the previous year, according to Euromonitor. This channel has strong potential as store fronts carry high rental fees and additional labour costs with internet retailing offering consumers more convenience, greater product availability and competitive prices. Of the top 10, the leading six players are pure Internet retailers that operate in multiple markets in the region.

Euromonitor International's Head of Retailing, Daniel Latev says, "While growth is not expected to be as dynamic as before, the Middle East, Africa and Asia-Pacific will generate the highest amount of new sales worldwide. In the next five years, those regions will account for more than half of all new global sales, offering enticing opportunities for retailers of which 500 retailers have already made it to this list."


----------------------------------------------------------------------------
 Ranking Country Fascia/Brand          Retail Company             2013
                                                            ----------------
                                                             Outlets  Sales
                                                                    (US$ mn)
----------------------------------------------------------------------------
    1      JP    7-Eleven              7-Eleven Japan        15,929  38,293
----------------------------------------------------------------------------
    2      AU    Thomas Dux,           Woolworths              933   31,881
                 Woolworths
----------------------------------------------------------------------------
    3      JP    AEON, Daieie          AEON Group              602   30,230
----------------------------------------------------------------------------
    4      AU    Bi-Lo, Coles          Westfarmers             786   28,843
----------------------------------------------------------------------------
    5      JP    Best Denki, Yamada    Yamada Denki           1,379  21,137
                 Denki
----------------------------------------------------------------------------
    6      JP    Lawson, Lawson Store  Lawson Inc            10,976  20,585
                 100
----------------------------------------------------------------------------
    7      JP    Ito-Yokado,           Seven & I Holdings      201   19,407
                 Robinson's, Seibu, et
                 al
----------------------------------------------------------------------------
    8      JP    Family Mart, Tomony   Family Mart           10,493  16,037
----------------------------------------------------------------------------
    9      CN    Auchan, RT Mart       Sun Art Retail Group    325   14,101
----------------------------------------------------------------------------
   10      CN    CR Sugo, Tesco Legou, China Resources         877   14,081
                 et al                 Enterprise
----------------------------------------------------------------------------

About Euromonitor International

Euromonitor International is the world's leading provider for global business intelligence and strategic market analysis. For 40 years, we have offered quality international market intelligence on industries, and countries and consumers. Our research offers in-depth market analysis on consumer goods and services industries worldwide, as well as economic, demographic and socio-economic data and insight on countries and consumers.

Euromonitor International is headquartered in London, with regional offices in Chicago, Sao Paulo, Singapore, Shanghai, Vilnius, Santiago, Dubai, Cape Town, Tokyo, Sydney and Bangalore, and has a network of over 800 analysts worldwide.

About Retail Asia Publishing

Retail Asia Publishing Pte Ltd is the industry leader for multi-informational hub for the retail companies. Established in 1991, Retail Asia Publishing represents retail news and updates of the Asia Pacific nations in the monthly Retail Asia magazine. Staffed by industry specialists, Retail Asia Publishing is headquartered in Singapore, with a regional circulation of 15,036 and a worldwide readership of almost 60,000. For more information, visit www.retailasiaonline.com.

Contacts:
To request for a copy of the complete report and
for further information please contact:
EUROMONITOR (ASIA) PTE LTD
11 Keppel Road #06-00, ABI PLAZA
Singapore 089057

(65) 6429 0590
Fax: (65) 6324 1855
www.euromonitor.com

Benedicte Dia (Ms)
Communications Manager
(65) 6429 0590 ext: 6598
[email protected]

RETAIL ASIA PUBLISHING PTE LTD
61 Tai Seng Avenue, #05-01 Crescendas Print
Media Hub Singapore 534167
(65) 6287 2025
(65) 6287 2027 (FAX)
[email protected]
www.retailasiaonline.com

Phila Anne Tan (Ms)
Associate Publisher
(65) 6287 2025
[email protected]

More Stories By Marketwired .

Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

Latest Stories
Everyone talks about continuous integration and continuous delivery but those are just two ends of the pipeline. In the middle of DevOps is continuous testing (CT), and many organizations are struggling to implement continuous testing effectively. After all, without continuous testing there is no delivery. And Lab-As-A-Service (LaaS) enhances the CT with dynamic on-demand self-serve test topologies. CT together with LAAS make a powerful combination that perfectly serves complex software developm...
17th Cloud Expo, taking place Nov 3-5, 2015, at the Santa Clara Convention Center in Santa Clara, CA, will feature technical sessions from a rock star conference faculty and the leading industry players in the world. Cloud computing is now being embraced by a majority of enterprises of all sizes. Yesterday's debate about public vs. private has transformed into the reality of hybrid cloud: a recent survey shows that 74% of enterprises have a hybrid cloud strategy. Meanwhile, 94% of enterprises ar...
DevOps Summit, taking place Nov 3-5, 2015, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with 17th Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. The widespread success of cloud computing is driving the DevOps revolution in enterprise IT. Now as never before, development teams must communicate and collaborate in a dynamic, 24/7/365 environment. There is no time to wait for long development...
It’s been proven time and time again that in tech, diversity drives greater innovation, better team productivity and greater profits and market share. So what can we do in our DevOps teams to embrace diversity and help transform the culture of development and operations into a true “DevOps” team? In her session at DevOps Summit, Stefana Muller, Director, Product Management – Continuous Delivery at CA Technologies, answered that question citing examples, showing how to create opportunities for ...
With major technology companies and startups seriously embracing IoT strategies, now is the perfect time to attend @ThingsExpo in Silicon Valley. Learn what is going on, contribute to the discussions, and ensure that your enterprise is as "IoT-Ready" as it can be! Internet of @ThingsExpo, taking place Nov 3-5, 2015, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with 17th Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading in...
The 5th International DevOps Summit, co-located with 17th International Cloud Expo – being held November 3-5, 2015, at the Santa Clara Convention Center in Santa Clara, CA – announces that its Call for Papers is open. Born out of proven success in agile development, cloud computing, and process automation, DevOps is a macro trend you cannot afford to miss. From showcase success stories from early adopters and web-scale businesses, DevOps is expanding to organizations of all sizes, including the ...
Mobile, social, Big Data, and cloud have fundamentally changed the way we live. “Anytime, anywhere” access to data and information is no longer a luxury; it’s a requirement, in both our personal and professional lives. For IT organizations, this means pressure has never been greater to deliver meaningful services to the business and customers.
This Enterprise Strategy Group lab validation report of the NEC Express5800/R320 server with Intel® Xeon® processor presents the benefits of 99.999% uptime NEC fault-tolerant servers that lower overall virtualized server total cost of ownership. This report also includes survey data on the significant costs associated with system outages impacting enterprise and web applications. Click Here to Download Report Now!
In his session at @ThingsExpo, Lee Williams, a producer of the first smartphones and tablets, will talk about how he is now applying his experience in mobile technology to the design and development of the next generation of Environmental and Sustainability Services at ETwater. He will explain how M2M controllers work through wirelessly connected remote controls; and specifically delve into a retrofit option that reverse-engineers control codes of existing conventional controller systems so the...
U.S. companies are desperately trying to recruit and hire skilled software engineers and developers, but there is simply not enough quality talent to go around. Tiempo Development is a nearshore software development company. Our headquarters are in AZ, but we are a pioneer and leader in outsourcing to Mexico, based on our three software development centers there. We have a proven process and we are experts at providing our customers with powerful solutions. We transform ideas into reality.
The 17th International Cloud Expo has announced that its Call for Papers is open. 17th International Cloud Expo, to be held November 3-5, 2015, at the Santa Clara Convention Center in Santa Clara, CA, brings together Cloud Computing, APM, APIs, Microservices, Security, Big Data, Internet of Things, DevOps and WebRTC to one location. With cloud computing driving a higher percentage of enterprise IT budgets every year, it becomes increasingly important to plant your flag in this fast-expanding bu...
In 2014, the market witnessed a massive migration to the cloud as enterprises finally overcame their fears of the cloud’s viability, security, etc. Over the past 18 months, AWS, Google and Microsoft have waged an ongoing battle through a wave of price cuts and new features. For IT executives, sorting through all the noise to make the best cloud investment decisions has become daunting. Enterprises can and are moving away from a "one size fits all" cloud approach. The new competitive field has ...
SYS-CON Events announced today the Containers & Microservices Bootcamp, being held November 3-4, 2015, in conjunction with 17th Cloud Expo, @ThingsExpo, and @DevOpsSummit at the Santa Clara Convention Center in Santa Clara, CA. This is your chance to get started with the latest technology in the industry. Combined with real-world scenarios and use cases, the Containers and Microservices Bootcamp, led by Janakiram MSV, a Microsoft Regional Director, will include presentations as well as hands-on...
The 3rd International WebRTC Summit, to be held Nov. 4–6, 2014, at the Santa Clara Convention Center in Santa Clara, CA, announces that its Call for Papers is now open. Topics include all aspects of improving IT delivery by eliminating waste through automated business models leveraging cloud technologies. WebRTC Summit is co-located with 15th International Cloud Expo, 6th International Big Data Expo, 3rd International DevOps Summit and 2nd Internet of @ThingsExpo. WebRTC (Web-based Real-Time Com...
The Internet of Things is in the early stages of mainstream deployment but it promises to unlock value and rapidly transform how organizations manage, operationalize, and monetize their assets. IoT is a complex structure of hardware, sensors, applications, analytics and devices that need to be able to communicate geographically and across all functions. Once the data is collected from numerous endpoints, the challenge then becomes converting it into actionable insight.