9 percent stake in
Daiei, will buy
Daiei stock for 270 yen per share to acquire a further 24.
Nishimi, who replaced Yasuyuki Higuchi, is among five former Marubeni executives approved as board members at a
Daiei shareholders meeting.
Under the terms of the agreement, the
Daiei will outsource
Daiei stores' health and beauty care management operations to CFS, focusing on those to be renovated from now on.
will open an outlet of its Uniqlo casual clothing chain in a
Daiei Inc.
Kozo Yamagishi, the new chief executive officer for
Daiei USA Inc.
EDS: UPDATING WITH PRESS CONFERENCE BY
DAIEI PRESIDENT TAKAGI)
WIS) said Wednesday that supermarket chain
Daiei Inc.
Leading Japanese supermarket operator
Daiei has warned full year pretax profit will be well below earlier estimates as disappointing sales over the festive season combined with an already bleak trading environment to add to its financial woes.
In February,
Daiei, Japan's largest supermarket chain operator, called on Toyota, known for its ''kanban'' lean-inventory production method, to provide technical know-how, the sources said.
Japanese retailers MYCAL Corporation and The
Daiei, Incorporated have finalized partnership agreements and completed pilot transactions through GNX-J.
The operating profit was attributable mainly to cuts in sales and administrative expenses and labor costs, according to
Daiei.
of Japan (IRCJ) plans to sell its stake in retailer
Daiei Inc.
