AEON Co., Ltd. is a holding company which oversees the management of its group companies in the operation of chain stores and shopping centers. It operates through the following segments: General Merchandise Store (GMS) Business; Supermarket, Discount Store, and Small Size Store Business; Financial Services Business; SC Development Business; Service and Specialty Store Business; Association of Southeast Asian Nations (ASEAN) Business, and China Business.

Aeon

Retail

Japan

The Retail Market is mature and highly competitive in the United States, going through a major transformation. Consumer spending, which typically accounts for around two-thirds of the GDP, has been a key indicator of the health of the retail market. However, the increasing strength of online shopping has been a major revolutionary, in reshaping how retail works. The growing smartphone penetration across countries is driving the e-commerce channel, while the Internet of Things (IoT) is reshaping the retail industry. The retail services industry provides an openly competitive environment that fosters strong business operations and spurs innovations that increase efficiency and reliability. With a mix of entirely e-commerce stores versus brick-and-mortar locations, it's important to understand what consumers want from year to year to ensure your business continues to succeed.

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