Walmart is retreating from Japan, giving up on a near 20-year attempt to crack the grocery market in the world's third largest economy. Walmart is selling most of its stake in Japanese supermarket ...
This is an archived article and the information in the article may be outdated. Please look at the time stamp on the story to see when it was last updated. TOKYO (AP) — U.S. retailer Walmart is ...
Wal-Mart Stores Inc. said Monday it will take full ownership of its money-losing Japanese subsidiary, Seiyu Ltd., as the U.S. retailer struggles to speed up management changes and reverse its slumping ...
Markets and geopolitics drove the news cycle on Friday, with Wall Street swinging sharply on fears of overheated AI ...
Seiyu operates in an unforgiving retail market. Known for low price, it’s struggled to compete with domestic players such as Aeon and Seven & i Holdings. The company has debunked speculation that it ...
Walmart has a laser-like focus when it comes to finding ways to compete with rival Amazon.com, and the world's largest bricks-and-mortar retailer has announced its latest attempt. Walmart Stores, Inc.
Walmart announced plans Monday to sell most of its Japanese supermarket business in the mega-retailer’s latest pullback from an international market. The Arkansas-based company said it will sell 65 ...
The statement came after reports that the retailer was planning to sell its Japanese supermarket chain. Editor's note: A previous version of this story did not include Walmart's statement. "Walmart ...
YOKOHAMA, Japan (AP) — The new supermarket west of Tokyo has all the trademark Wal-Mart touches — roomy aisles, price rollbacks and big shiny signs, but shoppers have almost no idea this outlet is run ...
TOKYOTOKYO — U.S. retailer Walmart is selling off 85% of its wholly owned Japanese supermarket subsidiary Seiyu, while retaining a 15% stake, in a deal valued at 172.5 billion ($1.6 billion), the ...