What happened to Jusco?
The Hong Kong and Mainland China subsidiaries officially changed their name to AEON on 1 March 2013….JUSCO.
| Native name | ジャスコ株式会社 |
|---|---|
| Defunct | March 2013 |
| Fate | Renamed into ÆON JUSCO Group was renamed ÆON Group in 1989 JUSCO Co. renamed ÆON Co. in 2001 JUSCO brand officially retired 2011 in Japan and 2013 outside Japan |
| Successor | ÆON |
Why did Jusco change to Aeon?
The research firm noted that the rebranding exercise was part of the company’s strategy to standardise its corporate identity, which involves the introduction of a new brand name, AEON, a new tagline ‘AEON Enriching Your Lifestyle’, and AEON membership cards.
Is Aeon Malaysia closing down?
We have been made aware of fake news circulating on the internet that AEON CO. (M) BHD. is closing down nationwide. The purportedly closing down announcement is giving away branded products to the customers. We would like to confirm that the above announcement is untrue and baseless.
How many aeons are in China?
China is not a big part of Aeon’s business. The retailer, which entered the country in 1996, had about 490 locations there at the end of February 2020, earning 276.5 billion yen ($2.61 billion at current rates) in operating revenue during fiscal 2019 — 3.5% of what it brought in from Japan.
Who is Aeon owner?
AEON
Aeon Co (m)/Parent organizations
What happened to Carrefour?
Carrefour (rebranded to AEON BiG) Ltd. bought over Carrefour Malaysia and its subsidiaries for GBP147 million (RM781 million). All Carrefour hypermarkets and department stores in Malaysia were then slowly rebranded to AEON BiG.
Who founded Aeon?
In 1997, Takuya Okada purchased a financially moribund supermarket company named Yaohan, a purchase that netted the AEON group 36 stores.
Who owns Aeon?
Æon Group
AEON/Parent organizations
Is AEON Big under Aeon?
Aeon Big is a subsidiary of the Aeon Group. Aeon Co Ltd, the holding company for Aeon Group, purchased the shares of Magnificient Diagraph Sdn Bhd (Carrefour) in October 2012. Following the acquisition, Carrefour’s name was changed to Aeon Big.
Is there Aeon in China?
AEON Stores conducts business in Hong Kong, Shenzhen and Guangdong, operating shopping malls, general merchandising stores and supermarkets in the South China region. Currently, AEON operates over 150 stores of a wide range of natures in China.
Is Aeon a Japanese company?
The AEON Group of Companies is an integrated Japanese retailer and is active not only in Japan but also throughout ASEAN and China. At all times, in every market, AEON’s activities are guided by its unchanging ‘Customer First’ philosophy.
Is Aeon Big under Aeon?
What do JUSCO stores do in Hong Kong?
Hong Kong JUSCO has now been renamed as AEON Stores (Hong Kong), and mainly manages shopping malls and other retail shops such as supermarkets, discount shops, home places, convenience stores and department stores. They offer low-cost and convenient daily necessities to customers including food, clothes,…
Where did the shopping mall JUSCO get its name?
In Mainland China, JUSCO uses AEON and JUSCO for its name. From 1996, AEON Co., Ltd created many shopping mall named JUSCO. In Shanghai, there was a JUSCO before, but it divested finance finally because of poor management.
How many JUSCO stores are there in Japan?
Currently there are about 300 stores in Japan itself and still counting. The group was renamed Aeon in 1990, but its retail stores were still using the old name JUSCO. In late 2010 AEON announced that all existing JUSCO stores in Japan would gradually be renamed AEON.
Where does the name JUSCO come from in Japan?
JUSCO (ジャスコ, Jasuko) is the acronym for Japan United Stores Company, a chain of “general merchandise stores” (or hypermarket) and the largest of its type in Japan . The various JUSCO companies are subsidiaries of the ÆON supermarket chain. The JUSCO name was adopted in 1970 from a company founded as a kimono silk trader in 1758.
https://www.youtube.com/watch?v=4kHzc2S_TOc