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 ...
(Reuters) - Wal-Mart Stores Inc (WMT.N) said on Thursday it would close 30 underperforming stores in Japan, scaling back in what was once considered one of the retailer's most promising markets and ...
International expansion has accentuated the pain in growing pains at Wal-Mart , the world's largest retailer. Having recently retreated from Germany and South Korea, the company offered up dismal news ...
Supermarket giant Wal-Mart Stores Inc will raise its stake in struggling Japanese affiliate Seiyu Ltd to over 50% this year to boost its presence in the Japanese market, according to a report in the ...
Wal-Mart's Japanese subsidiary said Tuesday its first-half losses grew fivefold, but the unit's chief executive reaffirmed his commitment to Japan even as the U.S. retailer abandons the German and ...
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 ...
TOKYO/NEW YORK (Reuters) - Almost five years since Wal-Mart Stores Inc. landed in Japan, the world's largest retailer has yet to find itself on steady ground. Sign up here. Its 53 percent-owned local ...
It’s a culture that that resonates with Americans through Instagram, TikTok, movies and other media. So Kevin Xu’s business sense told him a Japanese market would do well here. It looks like his hunch ...
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 ...
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