Discount retailer Wal-Mart reported gains in net sales and operating income for its Q3 fiscal 2010 (ended October 31, 2009), but experienced decreases in comparable store sales. Analysis of selected t…
FamilyMart to acquire ampm
Leading Japanese convenience-store operator FamilyMart has announced it will acquire the Japanese arm of US convenience-store chain ampm.
According to a statement on FamilyMart’s website, the ac…
Nintendo Wii sales lose momentum despite price cut
TOKYO (AP) — Japanese video game and console maker Nintendo Co. reports fiscal first half earnings on Thursday. The following is a summary of key developments and analyst opinion related to the …
SKorea’s economy grows at fastest pace in 7 years
South Korea’s economy grew at its fastest pace in over seven years in the third quarter amid strength in manufacturing and capital spending, the central bank said Monday, as Asian countries lead…
Carmakers going greener with electric push
Nissan Motor Co unveiled a sketch of its first all-electric light commercial vehicle and Toyota Motor Corp introduced an electric car concept at 41st Tokyo Motor Show on Wednesday, underscoring carmak…
LAWSON and Matsumoto Kiyoshi to cooperate on new-format stores
LAWSON, the Japanese convenience-store chain, and MatsumotoKiyoshi Holdings, which operates Japanese pharmacies, have concluded a significant partnership agreement, according to the LAWSON company web…