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
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
(WIS) said Wednesday that supermarket chain 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
''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.