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Business

Aeon plans wave of store openings in emerging Asia

Retailer expects big branding benefits from small shops in Cambodia, Vietnam

The first Aeon mall in Cambodia can be seen in Phnom Penh (Photo by Ken Kobayashi)

TOKYO -- Japanese retailer Aeon is preparing to open more small grocery stores in burgeoning Asian economies such as Cambodia and Vietnam, which have been growing at a 6%-plus clip in recent years.  

The company plans to open 30 stores in Cambodia, including Phnom Penh, over the next three years. In Vietnam, it aims to raise its store count almost ninefold, to 500, by 2025.

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