• Thu
  • Sep 18, 2014
  • Updated: 7:20am

æon Group

Aeon sets sights on new era in south China

Department store and supermarket operator Aeon Stores (Hong Kong) plans to open 10 new outlets in southern China to tap the rising demand from developers for quality retailers in their property projects.

Saturday, 17 March, 2012, 12:00am

New Jusco will beat retail woes, Aeon says

Aeon Stores today opens its second-largest Jusco department store in Hong Kong, saying it is confident the HK$70 million investment would break even in two years despite an increasingly challenging retail market.

7 Jan 2012 - 12:00am

Aeon to rebrand $10 stores as Jusco Living

'Jusco $10 Plaza', a brand that has been popular among housewives and bargain hunters for 12 years, will only be a memory next month.

Aeon Stores (Hong Kong), operator of the 16 Jusco $10 Plaza stores in the city, said it would raise the price for all products tagged at HK$10 to HK$12 from next month.

24 Sep 2011 - 12:00am

Aeon aims to grow credit card base after bad year

Smaller companies trying to expand in Hong Kong's loan and credit card business found last year especially tough as competition intensified. This was the case with AEON Credit Service (Asia), which posted a 2.7 per cent drop in profit for the financial year to February.

21 Apr 2011 - 12:00am

Retailers expect better sales after Christmas cheer

Department store operators say 2010 looks like being markedly better than last year, although 2009 ended on a healthy note, with shoppers out in force over Christmas.

2 Jan 2010 - 12:00am

Questions raised on bag levy timetable

The plastic bag levy will be introduced on July 7 after the Legislative Council's endorsement yesterday, but there are doubts about whether the policy will be ready in time.

Lawmakers passed the resolution - which will see a 50-cent charge for each bag - at about 2am yesterday after a 14-hour debate on the budget.

24 Apr 2009 - 12:00am

Saleswoman admits theft of 108 items

A 27-year-old saleswoman who stuffed 108 items into two bags and then walked out of a department store without paying pleaded guilty to theft yesterday. Eastern Court heard that a plain-clothes security guard saw Chu Ying-sui filling the bags inside Jusco at Kornhill Plaza on July 24. She was arrested when she left without paying.

31 Aug 2007 - 12:00am

Jiahua eyes HK$300m from listing

Jiahua Stores Holdings, a Shenzhen-based supermarket and department store operator, plans to raise about HK$300 million through an initial public offering in Hong Kong this month to fund its expansion in Guangdong.

2 May 2007 - 12:00am

Capital flood helps Aeon to 5.8pc profit growth

Aeon Credit Service (Asia), a consumer credit finance firm, said its full-year profit rose 5.8 per cent as capital flooding into the lending market amid a boom in initial public offerings drove down funding costs.

28 Apr 2007 - 12:00am

Aeon aims to build on 19pc profit boost with more outlets

Aeon Stores, a discount department store operator formerly known as Jusco, plans to expand its retail network on the mainland and revamp Hong Kong outlets to boost margins after posting a 19 per cent increase in annual net profit.

5 Apr 2007 - 12:00am

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