Wal-Mart looking at Japan&#39;s Daiei
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TOKYO Wal-Mart Stores is considering taking a stake in the heavily indebted Japanese retailer Daiei, a move that could greatly expand the presence of the world&#39;s largest retailer in the world&#39;s second-largest retail market.
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Retail giant plans to build up to 250 supercenters in &#39;05 despite a rising tide of community opposition. Wal-Mart Stores Inc., the world&#39;s largest retailer, plans to open more so-called supercenters next year
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The world&#39;s biggest retailer, Wal-Mart Stores Inc., said it planned at least 10 new stores in China next year, joining other foreign retail giants in taking advantage of new rules letting them move into smaller cities.
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A decision by Toys ``R&#39;&#39; Us Inc., the second-largest US toy retailer, to match the low prices of Wal- Mart Stores Inc. this holiday season may help it attract a buyer.
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Wal-Mart Stores Inc  will spend up to 100 billion yen ($878 million) to buy out minority shareholders in Japanese supermarket unit Seiyu Ltd  in an effort to turn around the money-losing chain.
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The world's leading retailer may be ready to nibble at smaller concepts.
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TOKYO Daiei, Japan&#39;s third-largest retailer, will receive bank waivers, share write-downs and funds from sponsor companies worth Â¥707 billion to restore its finances, Japan&#39;s bailout agency said Tuesday.
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Shares in Japanese supermarket chain Daiei surge after reports say US retail giant Wal-Mart is thinking of buying a stake in the firm.
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Daiei Inc. shares rose as much as 10 percent in Tokyo as individual investors bought in expectation the government&#39;s 707 billion yen ($6.8 billion) plan to rehabilitate Japan&#39;s third
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Wal-Mart Stores Inc. , the world's biggest retailer, struck a $1 billion deal to take over a Chinese rival by 2010, challenging Carrefour  as the largest operator of super-centers in booming China.
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Wal-Mart Stores Inc, the world&#39;s largest retailer, said it plans to open as many as 15 new stores in China next year, expanding in the world&#39;s fastest-growing economy as the government lifts curbs on foreign store operators.
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Japan&#39;s Sony Corp. said on Friday it was in talks to sell more electronics goods in North America through discount retailers such as Wal-Mart Stores Inc.
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TOKYO Daiei, Japan&#39;s third-largest retailer, will receive bank waivers, share writedowns and funds from sponsor companies totaling Â¥707 billion, or $6.9 billion, to restore the company&#39;s finances, Japan&#39;s bailout agency said Tuesday.
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Wal-Mart Stores Inc., the world&#39;s largest retail store chain, on Thursday tendered a bid to sponsor the rehabilitation of Daiei Inc., industry sources said.
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Japanese supermarket chain Seiyu, controlled by US retail giant Wal-Mart, said it incurred a net loss in the first half to June on the back of slow sales and early retirement costs.
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Wal-Mart Stores Inc. said Monday it will spend $875 million to 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 performance in the world's second largest economy.
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China&#39;s Communist Party-controlled union is ready to help Wal-Mart Stores Inc. set up union branches at its Chinese stores &quot;as soon as possible,&quot; the official Xinhua News Agency reported Thursday.