Japan Dominates Asia Pacific’s Top Ten Retailers

Japan Dominates Asia Pacific’s Top Ten Retailers

Japan Dominates Asia Pacific’s Top Ten Retailers

Japan Dominates Asia Pacific’s Top Ten Retailers 800 507 Claire Michelle De Castro

Global market research company Euromonitor International and Retail Asia Publishing have released its annual ‘Retail Asia Top 500 Retailers Ranking’ report, listing the largest retailers in the region.

Now in its 11th edition, the study is conducted each year by Euromonitor and is an accumulation of the company’s retailing data and analysis ranking the top retailers from 14 key economies across Asia Pacific in terms of total sales, number of outlets, sales area (square metre) and sales per square metre.

According to the report, the top 500 retailers in the Asia-Pacific region had total combined revenue of US$1.035 trillion in 2013, down nearly 3% from the previous year, due to a weakening yen.

Japan still dominates the top 10 positions in the Retail Asia Top 500 Ranking, and together, they form a significant group particularly in terms of value sales as a whole, impacting total sales in the region.

“Convenience store retailers made up the majority of the top 10 positions, and all were from Japan,” said Euromonitor.

However, according to the report, China has officially overtaken Japan with the overall highest number of entries. In fact, China’s share of the Top 500 list has continuously grown from 19 percent in 2009 to over a 31 percent share in 2013.

Other key findings include:

– Hypermarkets saw the largest increase in value sales in 2012 – 10.9% in current terms. The majority of sales in the ranking were from department stores however, making up 20% of all value sales.

– Internet retailers enjoyed double digit growth. The top 10 Internet retailers in Asia Pacific generated sales totalling US$110 million in 2013 – a 23% increase from the previous year.

– Online retailing continues to be a key and growing channel for retailers, particularly in the face of rising overheads and the labour crunch in many countries in Asia Pacific.

– Over the next five years, Middle East, Africa and Asia Pacific will generate the highest amount of new sales worldwide.

 

The following brands ranked as the top 10 retailers in Asia Pacific, with their total sales in US dollars:[/vc_column_text][dt_gap height=”10″][/vc_column][/vc_row]

#1 7-Eleven

Country: Japan

Retail sales: US$38,293 million

7-Eleven Japan was the number one retailer in Asia Pacific in 2013, with 15,929 outlets in Japan generating US$38.293 million sales, or US$18,700 per square metre. The Japanese convenience store giant also held the top spot in 2012 with 14,796 outlets and sales of US$43.495 million

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#2 Woolsworth

Country: Australia

Retail sales: US$31,836 million

Second in the ranking was Australian supermarket chain Woolworths with US$31.836 million in sales or US$13,599 per square metre. It operated 886 outlets in 2013.

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#3 AEON

Country: Japan

Retail sales: US$30,230 million

Japan’s Aeon and its department store business came in third with 599 outlets and sales of US$30.23 million.

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#4 Coles

Country: Australia

Retail sales: US$28,843 million

Coles Australia retail sales totaled $28.843 million and operated 781 stores in 2013.

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#5 Best Denki

Country: Japan

Retail sales: $21,137 million

Japan’s largest electrical and electronics retailer, Best Denki climbs two spots to number five from its 2012 ranking with US$21.137 million retail sales and 1,183 stores in 2013.

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#6 Lawson Store

Country: Japan

Retail sales: US$20,585 million

Lawson Inc’s two convenience store brands – Lawson and Lawson Store 100 – made it to number six with 10,566 outlets and sales of US$20.585 million.

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#7 Ito-Yokado, Robinson’s, Seibu, et al

Country: Japan

Retail sales: US$19,407 million

One of Japan’s leading retailers, Ito-Yokado Co. operates about 200 superstores and generated US$19.407 million in sales in 2013.

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#8 FamilyMart

Country: Japan

Retail sales: US$16,037 million

Family Mart’s Family Mart chain and Tomony chain was in eighth place with 9,368 outlets and sales of US$16.037 million.

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#9 Auchan, RT Mart

Country: China

Retail sales: US$14,101 million

China’s largest hypermarket operator, Sun Art Retail Group has seen strong share growth with US$14.101 million in sales and 273 outlets in 2013.

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#10 CR Sugo, Tesco Legou, et al

Country: China

Retail sales: US$14,081 million

China resources enterprises (with its brand CR Sugo, Tesco Legou) secured the number ten spot with US$14,081 million in sales and 791 outlets.

Click here to download a sneak peek of the top 40 retailers in Asia Pacific.