09.02.2013 Views

EXCLUSIVEBRANDSOURCING RETAILER/WHOLESALER ...

EXCLUSIVEBRANDSOURCING RETAILER/WHOLESALER ...

EXCLUSIVEBRANDSOURCING RETAILER/WHOLESALER ...

SHOW MORE
SHOW LESS

You also want an ePaper? Increase the reach of your titles

YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.

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

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!