239
Fashion Jobs
H&M
Visual Merchandiser Manager- Newmarket
Permanent · AUCKLAND
L'OREAL GROUP
Operations & Transport Manager
Permanent · AUCKLAND
ABBOTT
Tpm Contract Manufacturing Manager
Permanent · AUCKLAND
ESSILORLUXOTTICA GROUP
Optometrist - Opsm Rotorua
Permanent · ROTORUA
DANGERFIELD
Online Coordinator
Permanent · AUCKLAND
PUMA
Key Account Manager nz
Permanent · AUCKLAND
L'OREAL GROUP
Key Account Manager
Permanent · AUCKLAND
PETER ALEXANDER
2 x Casual - Sales Assistant - Peter Alexander nz - MT Maunganui
Permanent · AUCKLAND
PETER ALEXANDER
2 x Part Time - Sales Assistant - Peter Alexander nz - MT Maunganui
Permanent · AUCKLAND
LULULEMON
Assistant Manager | Christchurch (Tuesday - Saturday Rotation)
Permanent · CHRISTCHURCH
ICEBREAKER
Icebreaker : Sales Associate, Casual - Wellington Airport Touchlab
Permanent · WELLINGTON
DFS
Personal Shopper
Permanent · AUCKLAND
H&M
Department Manager- Chartwell (Hamilton)
Permanent · HAMILTON
H&M
Store Manager Wellington
Permanent · WELLINGTON
H&M
Sales Advisor- 28h
Permanent · AUCKLAND
H&M
Assistant Store Manager- Sylvia Park
Permanent · AUCKLAND
H&M
Department Manager- Sylvia Park
Permanent · AUCKLAND
LOVISA
Store Manager | nz | Palmerston North
Permanent · PALMERSTON NORTH
LOVISA
Store Manager | nz | Chartwell
Permanent · HAMILTON
LOVISA
Store Manager | nz | Glenfield
Permanent · AUCKLAND
ESSILORLUXOTTICA GROUP
Retail Associate | Oakley Queenstown
Permanent ·
ESSILORLUXOTTICA GROUP
Optometrist- Opsm Hastings
Permanent · HASTINGS
By
Reuters API
Published
Aug 14, 2018
Download
Download the article
Print
Text size

Japan's Don Quijote interested in buying Walmart's Seiyu

By
Reuters API
Published
Aug 14, 2018

Japanese discount retailer Don Quijote Holdings Co Ltd said it would be interested in buying Seiyu if Walmart Inc puts the Japanese supermarket chain up for sale, as it expands its presence in the domestic market.

Don Quijote logo - Reuters


This comes after business daily Nikkei reported last month that the U.S. retail giant would offload its Japanese unit.

"If it came up for sale we would be interested and it is attractive," Don Quijote Chief Executive Koji Ohara told a news briefing on Monday.

Walmart has struggled to replicate the success of its low-price model with Seiyu, which has more than 300 stores, and a sale would mark its latest exit from a low-growth market to shake up its overseas business and invest in places like China and India.

A Walmart spokesperson, however, said the retailer has not decided to sell Seiyu, is not in talks with prospective buyers and is continuing to develop the business, reiterating what the company had said after the Nikkei report.

Last week, Don Quijote reported its 29th straight year of sales and profit growth. The chain is targeting 500 stores in Japan by 2020 from 420 currently but has struggled to find sites in some areas.

"If you don't have real estate you can't do retailing. In addition to its human resources, Seiyu has many locations that you cannot get your hands on," said Ohara.

Don Quijote shares ended up about 6 percent before the comments were reported, while the broader index closed down 2 percent.

© Thomson Reuters 2024 All rights reserved.