Nihon Keizai Shimbun reports that Wal-Mart plans to focus on supply chain issues, including the introduction of its Retail Link information system, as it builds on its business relationship with Japanese retailer Seiyu, in which it has a 37.8 percent ownership stake.
Wal-Mart International CEO John Menzer told the publication that Wal-Mart would decide within five years whether or not to open its own stores in Japan; the company has an option to own a majority of Seiyu by the end of 2007.
Wal-Mart International CEO John Menzer told the publication that Wal-Mart would decide within five years whether or not to open its own stores in Japan; the company has an option to own a majority of Seiyu by the end of 2007.
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