CIES announced three new additions to its Board of Directors:

  • John MENZER, President & CEO,  Wal*Mart International,
  • Motoya OKADA, President, Jusco Co., Ltd
  • Hiroshige SASAKI, Executive Acting President, Chief Information Officer, Chief Operating Director, The Daiei, Inc.

Richard Fedigan, CEO of CIES, stated  that "he was delighted to reinforce the already strong CIES board by adding key players in the retail business"
These additions come after Roland Fahlin, President, ICA Ahold AB, took over the chairmanship of the CIES Board earlier this year.

Wal*Mart is the world's largest retailer with sales of US$165 billion last year and about 4,000 stores, including discount stores (Wal-Mart), combination discount and grocery stores (Wal-Mart Supercenters and ASDA in the UK), and membership-only warehouse stores (Sam's Club). Wal*Mart is the leading retailer in Canada and Mexico, and also has operations in South America, Asia, and Europe.

Jusco Co., Ltd. is one of Japan's leading General Merchandise Store (GMS) chains with more than 6,200 outlets. In fiscal year 2000, its consolidated revenues totaled US$ 22.7 billion. The company and its subsidiaries operate superstores, supermarkets, discount stores, specialty and convenience stores and restaurants in Japan and seven other countries.

The Daiei, Inc., one of Japan's largest retailers, operates general merchandise stores, supermarkets, discount stores, convenience stores, department stores and specialty shops. The group has a majority stake in more than 7,200 Lawson convenience stores (number 2 in Japan, after 7-Eleven). The Daiei's annual sales were of US$25.900 billion last year.

CIES - The Food Business Forum is a unique, truly international food business network, strategically placed at the interface between retailers and suppliers.
Membership is made up of 250 major food retailing companies drawn from some 48 countries and an equal number of their suppliers world-wide.
The combined sales of CIES retailer and supplier member companies are over $2,800 billion.

CIES retailer members generate over $2,000 billion, employ 4 million people and operate close to 600,000 stores representing a total sales area of 160 million square metres.

For more information, please contact :
Sophie LAVAGNE - Tel : 00 33 1 44 34 69 25   -  Fax : 00 33 1 44 34 69 39
s.lavagne@ciesnet.com
www.ciesnet.com