The buyout bid has seen a mixed response in Japan, with some expressing concerns over the convenience store chain being taken over by a foreign company. Read more
The commission found that Bic Camera unreasonably cut payments by a total of about ¥500 million in violation of the subcontract law. Read more
Under the current proposal, Apollo would join the Ito family and Itochu, the operator of FamilyMart in Japan, as key investors. Read more
Operating profit was ¥128.4 billion during the three months to the end of November, compared with ¥169 billion a year earlier. Read more
Operating profit rose 7% to ¥157.6 billion for the three months ended November from a year earlier, with sales increasing to ¥895.2 billion. Read more
Tadashi Yanai, the CEO of Uniqlo owner Fast Retailing, said it does not source cotton from the region, which has faced allegations of forced labor. Read more
Much depends on the retailer’s ability to roll out a new store format in Japan and improve profit margins overseas. Read more
The plans accelerate restructuring efforts in the face of an unsolicited ¥7 trillion takeover proposal from Alimentation Couche-Tard. Read more
The bankruptcies partly reflect the impact of higher prices, while a record 163 firms cited labor shortages as a reason for their struggles. Read more
Amid Daiso’s thicket of colorful stationery, chair socks and gaudily packaged snacks, a winning retail strategy can be found. The Japanese low-cost retailer, which built its brand on its ¥10... Read more
