Supermarket chain operator Aeon, which currently has a 19.9 percent stake in
Daiei, will buy
Daiei stock for 270 yen per share to acquire a further 24.3 percent stake from major trading house Marubeni Corp.
TOKYO -- The new president of
Daiei Inc., Japan's third-largest retailer, says the company will boost turnaround efforts with a focus on improving its finances.
Tokyo, Japan, Sept 9, 2005 - (JCNN) - The
Daiei, a Japanese supermarket chain, announced on September 8 that it has basically agreed with CFS Corporation to collaborate in health and beauty care business.
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., is crystal clear about the immediate challenges facing the 30-year-old retailer.
(EDS: UPDATING WITH PRESS CONFERENCE BY
DAIEI PRESIDENT TAKAGI)
(WIS) said Wednesday that supermarket chain
Daiei Inc.
Daiei Inc., a major Japanese retailer undergoing restructuring, is getting help from Toyota Motor Corp.
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.
''About one-third of all
Daiei stores will have been renovated by the end of May,'' Hirayama said.
Under the deal, Fuji Soft will take a 65% stake in
Daiei Information System Co.