EXCLUSIVEBRANDSOURCING RETAILER/WHOLESALER ...
EXCLUSIVEBRANDSOURCING RETAILER/WHOLESALER ...
EXCLUSIVEBRANDSOURCING RETAILER/WHOLESALER ...
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4-1-1, Minatojima Nakamachi, Chuo-ku, Kobe 650-0046, JAPAN<br />
Tel: +81 (078) 302- 5001<br />
Fax: +81 3-3433-9226<br />
www.daiei.co.jp<br />
Total Fiscal 2011 Revenues: $10.2 Billion +3.1%<br />
Percentage of Sales in Exclusive Brands: 10% (E)<br />
Principal Business: From 2002-05, Daiei, Japan’s third largest retailer, has been bailed out three<br />
times, the latest a government packaged (covering waivers, share writedowns and companysponsored<br />
funds) totaling ¥ 707 billion ($ 6.5 billion). It has been a humbling experience, closing<br />
or divesting numerous outlets in its different chains (almost 2,000): Printemps general<br />
merchandise stores, Maruetsu supermarkets, discount stores, Lawson convenience stores,<br />
department stores, and clothing/sundry goods specialty stores. Daiei also has had belt-tightening in<br />
its other businesses, mostly in services (dining out, hotel, and leisure). Daiei also has been<br />
involved in the development of stores, real estate, and management development and financing.<br />
The company operates about 1,000 stores under different identities as well: Jujiya department<br />
stores/specialty shops, Seifu supermarkets, Hokkaido Supermarket Daiei, Kyushu Supermarket<br />
Daiei, Big-A limited assortment discount stores, Bonte bread stores, and so on.<br />
EB Identities: Savings (value-priced foods and nonfood products without frills), Captain Cook<br />
(high-quality foods), Livnee (home decor products), Livnee Home Style Series (interior<br />
coordinated home furnishings), Coltine (price-oriented goods), Helene (powder spray), SALiV<br />
(tableware), Qualite Prix (umbrellas), AMPM (clothing and accessories), Red Woods (t-shirts,<br />
jeans), Daily Use, Christy, Kuramai (rice grown with few pesticides or fertilizer), Hokahoka<br />
(underwear).<br />
EB skus: N/A<br />
Profile: Daiei continues to improve its operations, after reporting its sales below the 1 trillion yen<br />
mark for the first time in 30+ years. Marubeni (a Japanese trading company) and AEON (listed in<br />
this database) together now control about 50% of Daiei and through their management suppport<br />
have helped Daiei regain market share. Also, AEON’s TopValue private label products are now<br />
sold by Daiei stores. In this fiscal period, only two stores were opened; but plans call for more<br />
than 20 new stores, most of them discount outlets, to open in fiscal 2012. The economic<br />
depression in Japan and consumer cutbacks in spending continue to slow Daiei’s recovery<br />
progress.<br />
Procurement Contacts: N/A