According to a report in the Nihon Keizai Shimbun on Friday (1 September), Japan’s Daiei intends to sell 39 outlets in a move expected to raise JPY80bn (US$682.1m).
According to a report in the Nihon Keizai Shimbun on Friday (1 September), Japan’s Daiei intends to sell 39 outlets in a move expected to raise JPY80bn (US$682.1m).
As part of its efforts to rehabilitate the grocery chain, its top shareholder Marubeni will sell a portion of its stake to another retailer. Likely candidates include Aeon and Wal-Mart.
Proceeds from the sale will be used to reduce debt Marubeni said, which in turn will help the company’s negotiating position.
Sign up for our daily news round-up!
Give your business an edge with our leading industry insights.
Nominations are now closed for the Just Food Excellence Awards. A big thanks to all the organisations that entered – your response has been outstanding, showcasing exceptional innovation, leadership, and impact.
Excellence in Action Winning five categories in the 2025 Just Food Excellence Awards, Centric Software is setting the pace for digital transformation in food and FMCG. Explore how its integrated PLM and PXM suitedelivers faster launches, smarter compliance and data-driven growth for complex, multi-channel product portfolios.
