business

Wal-Mart's Japan unit to close 20 stores

13 Comments

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13 Comments
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Fired because it is a foreign company, Aeon is closing more units still there was no mention of number of employees losing their jobs (though i know it is in thousands) !

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Wal-Mart ? Does anybody know where I can find a Wal-Mart in the Kanto area ?

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Its not called wal-mart here its called Seiyu

Heres the web page..

http://www.seiyu.co.jp/

Enjoy!!!

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Nothing "wal-mart" about Seiyu, which is the problem. If these guys want to save this chain my advice is to dump all the Japanese junk and start importing exclusively from the USA. Health and beauty, sports, music, and all the boxed and canned foods that wal-mart is known to sell. Turn the place into a down-scaled "Sony Plaza" and just sit back and reap the rewards. This really isn't difficult to understand, Japanese consumers have been hit with a poor economy, stagnant wages, and little hope for the future. Give em a break from all those high priced European labels that are just flooding into Japan. Take a hint from H and M !

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the Japanese junk and start importing exclusively from the USA

You mean China?

China===>U.S.===>Wal Mart

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nigelboy - When Chinese President Hu Jintao visited a WalMart in the States, he asked, "Don't you have anything not made in China?"

That was a joke, though a good one, don't you think?

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Sarge,

The proud people working there.

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rjdsr - "The proud people working there."

Yes?

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They also own the Sunny supermarket chain.

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If these guys want to save this chain my advice is to dump all the >Japanese junk and start importing exclusively from the USA. Health and >beauty, sports, music, and all the boxed and canned foods that wal-mart >is known to sell.

Weird. Everything I see selling in Walmart here in the US is made in China.

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Seiyu looks like most other Japanese supermarkets and there are many that are on the decline with the excemption of a few I guess. Rather than keep what they have under the current business structure which as the story states they will close stores which has gone on for a few years now for this company they should think a bit more creatively (if that's at all possible!!!) think out of the box and make a new shopping concept which will still be a round about copy of something that is available in another country in the world, but still different. If it is different then maybe this nail that sticks out may not be hammered down! Some of the German supermarkets that I've seen have got better concepts and standards, but Ii don't know how or what Wal-marts intentions are for the Japanese market as they seemed to have put money into a dud business and really from the media reports haven't been overly pro-active.

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They should do what the likes of German stores Lidl and Aldi do. Buy and supply a smaller range of products in larger quantities and pass on good discounts to their customers. When times are hard its a recipe for success.

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Wal Mart Japan reducing costs via 20 stores close down. Good move to keep costs down.

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