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Seiyu falls into red for 7th year; to close 12 stores

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4 Comments

  • escape_artist at 10:44 AM JST - 31st March

    Boy, so much detail, amazing! How about some info on where the 12 stores are, for instance? I know Kyodo is essentially a substandard news outfit only in it for the money (its articles are essentially only available to subscribers), and that you can't post entire articles even if you had them, but can't JT pay a bit more and get more of their articles posted here instead of just these little snippets? These tiny pseudo-articles are nearly worthless, forcing us to go elsewhere for the complete news.

  • escape_artist at 10:48 AM JST - 31st March

    Thanks for the additional detail.

  • zenzen at 11:17 AM JST - 31st March

    How badly managed does a supermarket chain and low-end retailer in a densely populated country of 126 million people have to be to lose money for 7 consecutive years? I'm certain that there is a lot of arm crossing and air sucking going on. Lots of bewilderment. No doubt the "aggressive price-cutting campaigns" will help them lose more money faster and result in more bewildered air sucking.

  • morikun at 10:57 PM JST - 31st March

    Where will one go to get Walmart goodies? And how can a store married to Walmart possibly fail?

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