The newly appointed chief executive of Walmart Japan and Japanese supermarket ch...
FILE PHOTO: The logos of Walmart and Seiyu are pictured at the headquarters office in Tokyo, Japan July 12, 2018. REUTERS/Kim Kyung-Hoon
TOKYO - The newly appointed chief executive of Walmart Japan and Japanese supermarket chain Seiyu said on Monday he had no plan to sell the Japanese supermarket, following reports last year that Walmart was looking for a buyer. “Absolutely not at all,” Lionel Desclee said when asked whether such a sale was likely. “I’m not here to sell a business.”
Japanese media reported last year that Walmart considered selling Seiyu, and that a sale could amount to around 300 billion to 500 billion yen .
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Nissan may ask ex-Toray boss Sakakibara to chair board meetings: sourceNissan Motor is considering asking ex-Toray Industries chief and Japan Inc heavy...
Read more »
Japan court blocks ex-Nissan boss Ghosn from attending board meeting: NHKA Tokyo court on Monday denied ousted Nissan boss Carlos Ghosn's request to...
Read more »
BOJ can be flexible in meeting its price goal: Japan finmin AsoJapanese Finance Minister Taro Aso said on Tuesday the central bank could give i...
Read more »
Japan may cut economic view as China slowdown hits growth: NikkeiJapan's government is considering a slight downgrade to its assessment of t...
Read more »
Japan bans Boeing 737 MAX planes from its airspaceJapan's transport ministry on Thursday said it had banned flights by Boeing...
Read more »
Global gloom forces Japan central bank to temper its outlookThe Bank of Japan kept monetary policy steady on Friday but tempered its optimis...
Read more »
BOJ keeps policy steady, cuts view on exports and outputThe Bank of Japan kept monetary policy steady on Friday and offered a bleaker as...
Read more »
Blackstone to buy drug maker in maiden Japan PE dealBlackstone Group said on Friday it had agreed to buy Japanese drug maker Ayumi P...
Read more »
Artificial intelligence is going to control on-demand bus services in JapanTechnology is changing the way we move around our towns and cities.
Read more »
Worth It Tried A $1,600 Bento Box In Japan, Here's What's InsideCatch the new Worth It: One Stop episode exclusively ad-free on Amazon now!
Read more »