JAPAN: Uniqlo eyes acquisitions for move into food business
Japanese discount chain Uniqlo is reportedly planning a move into food retailing, hoping to start selling fruit and vegetables in the country by autumn. To do this it may acquire a mid-sized supermarket operator. Tadashi Yanai, president and CEO of Uniqlo's parent company Fast Retailing, told the Times that the proposed food retail business would trade under a different, and yet undecided, name: "We want to apply the Uniqlo philosophy to food.
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 17 years of archives.
It’s our best ever membership offer – just for you.
Dean Best, editor of just-food
- General Mills sales woes continue - analysis
- Comment: Meal kits in US - don't believe the hype
- Why personalisation will take-off in US food
- US food next wave on display at Winter Fancy Food
- Analysis: Chocolate sector's deforestation pledge
- UK own-label firm Park Cakes sold in MBO
- Kraft Heinz cuts jobs in US, Canada
- Immigration crackdown "risk" for US dairy industry
- Fonterra cuts earnings forecast
- Unilever 'lining up spreads sale'