Watts Co Ltd:Says wholly owned Osaka-based subsidiary to transfer its business in West Japan to a wholly owned Okayama-based subsidiary planned on Sep. 1.Says the wholly owned Osaka-based subsidiary to merge a wholly owned Hokkaido-based subsidiary planned on Sep. 1 and the Hokkaido-based subsidiary to be dissolved after merger.Says the three subsidiaries are engaged in wholesale and retail of daily necessities.
Dollar General Corp
Dream Vision Co Ltd:Says 51 employees took up the offer of the early-retirement program announced on Feb. 12.
Target Corp speeds up its Canadian exit, plans to wind up all stores by mid-April - The Canadian Press
Target Corp:Is planning to close all of its Canadian stores even faster than originally planned - The Canadian Press.A court-appointed monitor overseeing the windup of the Target Canada stores says all 133 locations across the country will be permanently shut down by 'as early as mid-April,' which is about a month ahead of schedule.Some locations have already ceased operations — 17 stores closed in the middle of March.Another six Target locations will shutter on March 30, while 23 are slated for closure on April 1, and 32 more on April 2.All stores are expected to be closed to the public as early as mid-April 2015.
Dream Vision Co Ltd:To offer early-retirement program during the period from March 2 to March 13.Expects about 50 employees to take up the offer, with retirement date March 31.To offer outplacement service and retirement payment to the employees.
Target Corp:Says it plans to discontinue operating stores in Canada through its indirect wholly-owned subsidiary, Target Canada Co. (Target Canada).Says as a part of that process, this morning Target Canada filed an application for protection under the Companies' Creditors Arrangement Act (the CCAA) with the Ontario Superior Court of Justice (Commercial List) in Toronto (the Court).Expects to report about $5.4 bln of pre-tax losses on discontinued operations in the Q4 2014.Expects to report about $275 mln of pre-tax losses on discontinued operations in FY 2015.Says as a result of the decision announced on Jan. 15, Target Corp will operate as a single segment that includes all U.S. operations.