Wal-Mart Stores Inc. said Monday it will take full ownership of its money-losing Japanese subsidiary, Seiyu Ltd., as the U.S. retailer struggles to speed up management changes and reverse its slumping ...
News is out today that Wal-Mart will spend $878 million to buy out the minority shareholders in Japanese supermarket Seiyu Ltd. The company already owns 51% of Seiyu and has always lost money -- by ...
YOKOHAMA, Japan -- The new supermarket west of Tokyo has all the trademark Wal-Mart touches -- roomy aisles, price rollbacks and big shiny signs, but shoppers have almost no idea this outlet is run by ...
Time was, Japan had a well-deserved reputation as a black hole for foreign retailers. Its close-knit webs of suppliers, customers raised on high-cost department stores and mom-and-pop shops, and a ...
Wal-Mart Stores Inc. said Monday it will take full ownership of its money-losing Japanese subsidiary, Seiyu Ltd., as the U.S. retailer struggles to speed up management changes and reverse slumping ...