Nov 16, 2015

JX Holdings, TonenGeneral mull business integration

JX Holdings Inc., parent of top Japanese oil wholesaler JX Nippon Oil and Energy Corp., and TonenGeneral Sekiyu K.K., the third-largest wholesaler, are considering management integration, informed sources said Monday. The two companies plan to start full negotiations soon with an eye to reaching ...

Tax hike to spur retailing industry shakeout

Apr 3, 2014

Tax hike to spur retailing industry shakeout

The 3-point rise in the sales tax may turn shoppers frugal, leading to price wars among retailers and accelerating realignment in the industry. Industry watchers say that small retailers with poor product development capabilities are likely to face difficulties surviving the fierce competition on ...