Japan supermarkets woo customers with cheaper U.S. foods after trade deal
With the Japan-U.S. trade agreement going into force on Jan. 1, major Japanese supermarkets have started slashing prices on U.S. products affected by the tariff cuts in a bid to attract customers. Ito-Yokado Co. launched a six-day sale at some 130 outlets on Wednesday, lowering ...
Major retailer Ito-Yokado to ban tenants from selling ivory items
Major Japanese retailer Ito-Yokado Co. has asked tenants at its shopping malls to stop selling ivory products, joining a growing list of Japanese companies that have banned such sales amid international efforts to stamp out African elephant poaching. According to a company official, the supermarket ...
Retail giant Seven & I Holdings Co. welcomed 1,071 new recruits at a ceremony Thursday for those entering its 21 units including Seven-Eleven Japan Co. and department store chain Sogo & Seibu Co. "All industries are experiencing revolutionary changes with accelerated digital technology innovations. I ...
Seven & i Holdings Co. has started donating unexpired food leftover at its Ito-Yokado supermarkets in Tokyo to needy families. According to Seven & I, it plans to expand the donations to more regions to reduce food waste. Poverty is a serious issue with the relative ...
Activist investor Daniel Loeb's Third Point LLC said it acquired a stake in Japan's second-largest grocery and retail group Seven & i Holdings Co. and proposed a spinoff of its supermarket unit. The New York-based company "continued to add to" its investment in Seven & ...
Seven & I to challenge online retailers with same-day delivery
Retail giant Seven & I Holdings Co. next year will start providing same-day delivery of products sold online by its group stores, a source close to the matter said Wednesday. The operator of the Ito-Yokado supermarket chain as well as Seibu and Sogo department stores ...
Seven & I shatters operating profit record as convenience stores thrive
Seven & I Holdings Co. said Thursday it logged a record consolidated operating profit of ¥339.6 billion for the business year through February, thanks mainly to the strong performance of its convenience stores, which gave the group a 14.9 percent boost. It is the first ...
Supermarket chain Ito-Yokado Co. began a nationwide six-day bargain sale of vegetables Wednesday amid rising prices stemming from tight supply due to unfavorable weather. Ito-Yokado said it has set prices of 16 items 15 to 65 percent lower than Monday's prices at its 156 outlets ...
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Cool biz: a great opportunity for retailers to push clothing lines with coolness built in.
