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December 22, 2024
 

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SUPERMARKETS

Shoppers wait at the checkout lines at an Ito-Yokado shopping centre after a sales tax hike in Tokyo April 1, 2014. Big firms expect to increase capital spending only modestly, the Bank of Japan's (BOJ) tankan quarterly survey showed on Tuesday, reflecting uncertainty over how much a sales tax hike that kicked off on Tuesday could hurt a fragile economic recovery. REUTERS/Toru Hanai (JAPAN - Tags: BUSINESS)
BUSINESS / Companies
Dec 6, 2024
Ito-Yokado to reduce headcount of permanent employees by 1,000
The Seven & I Holdings unit will implement the reduction through personnel relocations and natural reductions, mainly through mandatory retirement.
A brown bear in Hokkaido. In the city of Akita, a bear that attacked a supermarket employee over the weekend was captured in a box trap on Monday morning.
JAPAN / Society
Dec 2, 2024
Bear that attacked Akita supermarket employee captured
The animal, which attacked a 47-year-old male employee on Saturday morning, was captured in a box trap on Monday morning.
People take pictures of an Ito-Yokado store in Kasukabe, Saitama Prefecture, that closed on Sunday.
BUSINESS / Companies
Nov 25, 2024
Ito-Yokado closes store that inspired 'Crayon Shin-chan' supermarket
Many customers and fans gathered and gave applause and words of gratitude when the store was closed.
Seven & I Holdings on Wednesday said that it has received a nonbinding offer for the company from Junro Ito, a vice president and representative director of the company, and Ito Kogyo, a company connected to him.
BUSINESS / Companies
Nov 13, 2024
Seven & I considers massive management buyout offer
The offer brings together a member of the company’s founding family, a giant trading company and some of Japan’s largest banks.
The Finance Ministry noted firm private consumption in raising its economic assessments in the Kanto region and other areas.
BUSINESS / Economy
Nov 7, 2024
Government upgrades economic views for five regions
In a quarterly report, the Finance Ministry raised its views for the Kanto, Hokuriku, Tokai, Shikoku and Okinawa regions.
An Ito-Yokado supermarket in Tokyo. Selling down some of its stake in the supermarket business would allow Seven & I to bring in a partner that could accelerate an overhaul of the unit.
BUSINESS
Oct 4, 2024
Seven & I considering supermarket stake sale ahead of IPO, sources say
The supermarket business includes the Ito-Yokado chain, one of Japan's best-known grocery store businesses.
A supermarket in Narita, Chiba Prefecture, operated by Aeon. Shares of Aeon have extended their gains to 25% this year and reached a record high this week.
BUSINESS / Companies
Sep 13, 2024
Seven & I proposal fuels rally in Japanese retailers like Aeon
An increase in Japan’s consumer spending, which accounts for more than half of Asia’s second-biggest gross economy, is also supporting retailers.
A 7-Eleven convenience store, operated by Seven & I Holdings, in Tokyo
BUSINESS / Companies
Aug 19, 2024
Couche-Tard bids for $31 billion Japanese retailer Seven & I
If realized, Canadian convenience-store operator Alimentation Couche-Tard's move would be the largest-ever foreign takeover of a Japanese company.
A sign says "bottled water is being rationed, with a cap of one case (six bottles) per customer" in a supermarket in Tokyo's Sumida Ward on Saturday.
JAPAN / Society
Aug 10, 2024
People urged to avoid panic-buying as megaquake fears spread
Authorities urged people to avoid hoarding as anxiety over a possible megaquake triggered a spike in demand for disaster kits and daily necessities.
This year's rice harvest is also feared to be impacted by the scorching heat, spurring concerns among producers and consumers.
JAPAN
Jul 27, 2024
Heat waves impact Japan's rice quality, leading to shortage
Despite 2023's harvest volume being on par with previous years, high temperatures have caused rice grains to develop a cloudy look or break into pieces.
An Aeon store in Yokohama in 2022. Aeon currently employs about 1,500 specified skilled workers group-wide.
BUSINESS / Companies
Jun 26, 2024
Aeon to ramp up hiring of foreign workers under specified skills visa framework
The retail giant is planning to employ 4,000 foreign workers with specified skilled worker visas by 2030 amid a labor shortage.
Speculation has been swirling for months over the fate of Ito-Yokado, which was Seven & I's original retail franchise before it bought 7-Eleven and turned it into a large, successful business.
BUSINESS / Companies
Apr 10, 2024
Seven & I set to split 7-Eleven from original Ito-Yokado stores
Ito-Yokado was the company’s original franchise before it bought 7-Eleven and turned it into a successful business.
The giant green signs of this supermarket chain can be slightly intimidating, but chefs of all stripes are welcome in Gyomu's aisles.
LIFE / Food & Drink
Mar 31, 2024
In praise of Gyomu Super, a gem of Japanese grocery shopping
With a name that translates to something like “commercial supermarket,” you might assume Gyomu is just a restaurant supply chain.
A Costco store in Illinois
BUSINESS / Companies
Mar 13, 2024
Costco’s Japan unit warned by FTC after cutting subcontractor payments
Bakery and food suppliers saw their compensation reduced by ¥33.5 million from 2021 to 2023, the agency has said.
BUSINESS / Companies
Feb 10, 2024
Struggling unit of 7-Eleven's parent company to exit central and northern Japan
The Seven & I Holdings unit will close five of its 17 stores in the regions and hand over 11 to other supermarket operators.
Major supermarket chain Daiei opened a checkout-free, walk-through store in the CeeU Yokohama mall on Friday.
BUSINESS / Tech
Oct 27, 2023
At new Japan supermarket outlet, high tech runs the store
The system replaces cash registers with a network of cameras, weight sensors and a smartphone app.
BUSINESS
Oct 18, 2023
Discount supermarket OK opens store in Tokyo's posh Ginza district
Discount supermarket operator OK opened a store in Tokyo's upscale Ginza district, aiming to cater to foreign tourists and restaurant operators.
Supermarket owner Takashi Nakajima, 67, prepares raw fish to sell at his store, near the Fukushima No. 1 nuclear power plant in Soma, Fukushima Prefecture.
BUSINESS / Economy
Aug 22, 2023
For Fukushima shop owner, water release spells battle for survival
Japan said on Tuesday it would start discharging more than 1 million metric tons of the treated water on Thursday
Japan Times
BUSINESS / Companies
Mar 13, 2023
Masatoshi Ito, founder of Japanese retailer Ito-Yokado, dies at 98
The company Ito founded was the predecessor to Seven & I Holdings, operator of more than 83,000 7-Elevens dotting the globe, with about a fourth of them in Japan.
Freed anti-whaling campaigner Paul Watson arrives in France
U.S.-Canadian anti-whaling environmental activist Paul Watson, who was released from prison in Greenland's capital Nuuk after five months in detention, arrives with Lamya Essemlali, president of Sea Shepherd France, at Charles de Gaulle Airport in Roissy-en-France, near Paris, on Friday.
Nippon Steel alleges undue White House influence on doomed deal review
U.S. President Joe Biden delivers remarks on the economy at the Brookings Institution in Washington on Dec. 10.
Record 78% of people in Japan feel anxious, government survey finds
The public opinion survey on people's lives, conducted by the Cabinet Office, found that 28.1% of respondents think that their standard of living is at a lower-middle level among the general public — the highest percentage to give that response in 35 years.
Police raided suspect's home to arrest him after fatal Kitakyushu stabbing
Broken window glass is seen at Masanori Hirabaru's house in Kitakyushu's Kokuraminami Ward.
Taiwan lawmakers brawl over bills that would 'damage democracy'
Lawmakers from the Democratic Progressive Party and opposition party Kuomintang brawl in parliament in Taipei on Friday.
Casual workouts, cool living, ‘complete’ food: Japan’s health trends of 2024
In 2024, efficiency trumped effort among Japan's fitness-focused aspirants.
The mighty Mekong River's growing plastic problem
A group of elephant keepers in Chiang Saen, Thailand, remove plastic waste from the Ruak River, a tributary of the Mekong River, as a pair of Asian elephants bathe behind them.
Japanese officials inspect Yokota Air Base over PFAS concerns
The Yokota Air Base in western Tokyo in September 2019. An inspection of the base by Japanese government officials on Friday came amid public pressure to investigate suspected links between the use of PFAS-containing firefighting foam by the U.S. base and contamination of soil and groundwater in western Tokyo.
Crime numbers rise in Japan for second straight year
A police officer stands in front of the residence of a man alleged to have stabbed two junior high school students in Kitakyushu.
A year of Oscar wins and a quiet push for diversity
Ryusuke Hamaguchi’s “Evil Does Not Exist,” released in Japanese theaters in April, sharply dramatizes the clash between rural and urban values. The film won five awards at the 2023 Venice Film Festival, including the second-place Silver Lion prize.

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