Tokyo, Japan, Oct. 30, 2014 -- Seiyu GK (“Seiyu”) today announced its plan to invest in several areas of strategic focus over the next few years to allow for improved in-store customer experience and greater access to online shopping. Walmart’s Japan subsidiary Seiyu GK provides customer support for the store, leveraging its years of experience serving local Japanese shoppers.
The U.S. retail giant is in talks about a deal with some Japanese retailers and some investment funds, the sources said, adding that the sale price for Seiyu is set for 300 billion to 500 billion yen ($4.45 billion) 2017年10 月 – 現在 2年 9ヶ月. There are 334 Seiyu stores in Japan currently. Tokyo, Japan-Production of on-line and off-line signage for campaigns and new launches -Production of in-store signage for deli, produce, and seasonal communication events-Working closely with merchandising to deliver in-store signage and increase sales and promotion-Conduct meetings with agency and suppliers to coordinate and consolidate designs … “We are very excited to be working with Walmart to bring a diverse product lineup of American brands at affordable prices to Rakuten Ichiba users in Japan,” commented Shunsuke Yazawa, executive officer and vice president of the marketplace business at … ... U.S. retailer Walmart started acquiring shares in Seiyu in 2002, and acquired a majority interest in 2005, making Seiyu a Walmart subsidiary. The U.S. retail giant's denial … Seiyu GK and U.S. parent Wal-Mart Stores Inc. will close about 30 unprofitable stores starting next year, the companies said. We are not in any discussions with prospective buyers, and we continue to build our Japan business towards the future to meet the changing needs of customers there," it said in a statement. Rakuten is a pioneer in online shopping in Japan — its Rakuten Ichiba platform offers shoppers access to around 250 million products across a wide variety of genres.
Walmart Inc. has decided to sell its Japanese supermarket unit Seiyu GK amid fierce competition from online retailers, sources close to the matter said Thursday. Seiyu GK Walmart Japan. Walmart’s Japanese subisidary Seiyu GK will provide customer support for the store, leveraging its years of experience serving local Japanese consumers. Through these investments, Seiyu will further enhance its capability to provide customers with a better shopping experience, focused on freshness and … Genya Murata, a spokesman for Seiyu, declined to comment on the timing of the listing.
In 2008, Seiyu became a wholly-owned subsidiary. Seiyu, GK has become the first retailer in Japan to introduce BAP-certified products. Walmart Inc. said Thursday it has not decided to sell its Japanese supermarket unit Seiyu GK and will continue its business in Japan. "Walmart has not made a decision to sell Seiyu. With the grand opening of the Walmart store on the platform, shoppers in Japan can now … The BAP certification scheme – which is operated by the Global Aquaculture Alliance – is based on four pillars: environmental, social …