In the past twelve months, Ito Yokado has reorganized itself into Seven & I Holdings and bulked up with Seibu and Sogo department store holding company Millenium Retailing. Motoya Okada’s already quite beefy Aeon group has continued its push to bulk up — even going so far as to wrestle with Don Quijote over a box lunch / home replacement meal manufacturer. A score of other retailers have begun casting furtive glances at other retailers outside their immediate industry. What’s going on? (more…)
Archive for the ‘Retail Trends’ Category
The New Zaibatsu – Japan’s Retailers Rush to the Altar
Saturday, March 25th, 2006Japan GMS woes: Playing the Monkey in the Middle
Monday, January 30th, 2006Japan’s General Merchandise Stores, most notably represented by Ito Yokado, Aeon (Jusco) and Daiei face a significant shift of consumers away from their stores. Don’t underestimate the challenge this sector faces just to maintain share, much less regain ground. (more…)