JAPAN: Global leader Wal-Mart will enter Japanese market
Following French supermarket giant Carrefour's recent arrival into the Japanese retail sector, US behemoth and global number one Wal-Mart has announced that it is to follow suit with a 15,000m² mega-store in 2002. Retail spending has declined over the last four years, as national economic problems made Japanese consumers increasingly cost-conscious, but this is proving a strong attraction for international operators of discount stores, the one sector that is growing rapidly. Furthermore, it is hoped that competition will become fiercer still once Carrefour, the second largest global chain, and Wal-Mart are properly established, generating a revival in consumer confidence.
Get full access to all content, just $1 for 30 days
A Message From The Editor
just-food gives you the widest food market coverage.
Paid just-food members have unlimited access to all our exclusive content - including 16 years of archives.
I am so confident you will love complete access to our content that today I can offer you 30 days access for $1.
It’s our best ever membership offer – just for you.
Dean Best, editor of just-food
- Unilever 2016 investor day - the top takeaways
- The key questions for digital strategists in 2017
- Have food promotions reached tipping point?
- Mondelez goes beyond certified cocoa - analysis
- ABF on Brexit, M&A and grocery - interview
- Nestle unveils process to cut sugar by 40%
- Unilever focuses on "value" of spreads arm
- Japan's Nagatanien buys Chaucer Food Group
- Unilever sets new margin target with help from ZBB
- B&G acquires pasta sauce group Victoria Fine Foods