Japan supermarket sales rise amid virus scare in February

Business Mar 24, 2020

Japan supermarket sales rise amid virus scare in February

Supermarket sales in Japan in February grew at their fastest pace in over four years as consumers bought more food to eat at home amid the new coronavirus scare, industry data showed Tuesday. Overall sales rose 4.1 percent from the year before to ¥937.6 billion, ...

Japan's supermarket sales fell 1.8% in 2019 amid tax hike

Business Jan 24, 2020

Japan's supermarket sales fell 1.8% in 2019 amid tax hike

Supermarket sales in 2019 fell 1.8 percent from the previous year on a same-store basis, down for the fourth consecutive year, affected by the consumption tax hike on Oct. 1 and unfavorable weather, an industry body said Thursday. Sales at 10,550 supermarkets, including newly opened ...

Business Apr 30, 2018

Sainsbury grocer to add Asda in $10 Billion deal with Walmart

U.K. grocer J Sainsbury PLC plans to buy Walmart Inc.'s Asda in a £7.3 billion ($10 billion) deal that would transform the country's supermarket industry and leave the U.S. retailer as the combined company's biggest shareholder. Sainsbury will pay Walmart £2.98 billion in cash and ...