Formula for success
Article Abstract:
Japanese retailer Ito-Yokado and Seven-Eleven Japan have restored to profitability US-based Southland, parent company of 7-Eleven. After taking a 30% stake in Southland in 1991 for $430 million, Ito-Yokado introduced the US stores to its point-of-sale system, a refinement of the bar code system developed in the US. With a new emphasis on fresh food and deliveries tailored to sales patterns, Southland saw an 11% rise in operating profit.
Publication Name: Far Eastern Economic Review
Subject: Business, international
ISSN: 0014-7591
Year: 1996
User Contributions:
Comment about this article or add new information about this topic:
Pay more, get less
Article Abstract:
A common obsession with losing weight drives Japan's annual slimming-salon business of 250 billion to 300 billion yen per year, with many dieters spending heavily on special foods and the like as well. Exercise is not always popular, but exotic natural treatments and those with foreign names are doing very well. Some dieters say spending money provides incentive for following through, making the expense worthwhile.
Publication Name: Far Eastern Economic Review
Subject: Business, international
ISSN: 0014-7591
Year: 1996
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: Church and state: foreign missionary makes his home in Japanese politics. Planners under fire
- Abstracts: No small change: foreign groups learn charity begins in Hong Kong. Pump up the volume: Hong Kong becomes major blood-donor centre
- Abstracts: Kimberly-Clark taps FCB, JWT for European tissue task. Lufthansa keeps Y&R's Swissair win in holding pattern
- Abstracts: Truth and dare: Chinese weekend paper rakes scandal-and bucks. Going public: the market is hungry for press shares
- Abstracts: Heir to misfortune: stake in Hong Kong's Ming Pao is up for grabs. part 2 Next in line: Hong Kong's Jimmy Lai inches closer to listing