May 5, 2015

Australia chided over migrant labor abuse

Australia faced growing calls Tuesday to crackdown on the exploitation of migrants laboring in farms and factories after a television investigation claimed foreigners toiled in conditions akin to “slave labor.” Using footage from secret cameras, the Australian Broadcasting Corporation found migrants were being paid ...

Mar 10, 2015

Seven & I to tie up with Osaka supermarket chain Mandai

Japanese retail giant Seven & I Holdings Co. is set to conclude a business tie-up agreement with Mandai Co., a supermarket chain operator centered around Osaka Prefecture, informed sources said Tuesday. Seven & I is also considering the acquisition of an equity stake in ...

Mar 6, 2015

Retailers boosting their ability to take online orders

Major retail groups such as Seven & I Holdings Co. plan to beef up their online operations to meet growing demand. As the nation’s demographics shift and more women enter the workforce, demand for Internet ordering and home delivery is “expanding rapidly,” according to ...

Jan 6, 2015

Aeon to reshuffle management, devolve some duties

Supermarket operator Aeon Co. plan to reshuffle its senior management and devolve some duties. The changes are designed to halve the number of executive officers and employees at the holding company in fiscal 2015 and transfer human resources functions to other units. By focusing ...

Dec 8, 2014

Aeon eyes frozen food production for France's Picard

Major retailer Aeon Co. might make products for French frozen food retailer Picard Surgeles SAS in Japan, according to sources close to the matter. Aeon is planning to hold talks with Picard about the possibility of producing its frozen food items in Japan, because ...

Shareholders OK Daiei's plan to become fully owned Aeon unit

Nov 26, 2014

Shareholders OK Daiei's plan to become fully owned Aeon unit

During an extraordinary meeting on Wednesday, shareholders of Daiei Inc. approved the struggling supermarket chain’s plan to become a wholly owned unit of major retailer Aeon Co. through equity swaps in January next year. Through the Aeon group’s realignment, the trade name of Daiei ...

Aeon says it will create Japan's biggest drugstore chain

Oct 22, 2014

Aeon says it will create Japan's biggest drugstore chain

Retail giant Aeon Co. announced plans Wednesday to integrate drugstore chain subsidiary CFS Corp. with Welcia Holdings Co. to create Japan’s largest drugstore operator in 2015. Aeon said it will acquire a controlling stake in Welcia through a tender offer. Welcia reached agreement with ...

Oct 21, 2014

September supermarket sales down for sixth month

Supermarket sales fell 1.0 percent in September from a year earlier on a same-store basis, declining for the sixth consecutive month following the April consumption tax hike, an industry body said Tuesday. Sales at 9,262 stores operated by 60 supermarket chains totaled ¥1.016 trillion, ...

Prices for grilled eel slide as numbers bounce back

Jul 5, 2014

Prices for grilled eel slide as numbers bounce back

Prices for grilled eel are finally dropping thanks to a rebound in populations of the fish here and abroad. Supermarkets in Japan are starting to sell the summer specialty at bargain prices ahead of the Day of the Ox on July 29, when they ...