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Ritsuko Ando

Japan's Seven & i seals $21 billion deal for Marathon Petroleum's Speedway gas stations

Aug 03 2020

The Japanese owner of 7-Eleven convenience stores has agreed to buy Marathon Petroleum Corp's Speedway gas stations for $21 billion, brushing aside coronavirus concerns to return to the table five months after initially baulking at the deal. | Video

Fast Retailing cuts outlook on pandemic woes despite Uniqlo June rebound

Jul 10 2020

(This July 9 story corrects paragraph 5 figure to trillion from billion.)

Japan's fussy food shoppers finally go online amid pandemic

Jun 29 2020

TOKYO The coronavirus has forced Japan's notoriously fussy food shoppers to abandon doubts about online grocery stores, sending retailers such as Aeon Co scrambling to meet a surge in delivery demand.

Suntory CEO says 20% of restaurants may fail as coronavirus slams Japan's dining scene

Jun 05 2020

TOKYO Takeshi Niinami, the head of Japanese drinks and food group Suntory Holdings and a government adviser, predicted on Friday that more than 20% of bars and restaurants could fail due to the coronavirus pandemic.

Big in China and tiny in the U.S., Fast Retailing seen weathering pandemic

Jun 02 2020

TOKYO/BEIJING The coronavirus pandemic is shredding the global apparel industry, stripping hundreds of billions of dollars from sales and thrusting big names like J.Crew into bankruptcy protection.

Activist funds defeated at Kirin, Toshiba Machine, but advance in Japan

Mar 27 2020

TOKYO Shareholders of Kirin Holdings and Toshiba Machine backed their managements on Friday in two closely watched votes, but analysts said activist investors were beginning to gain ground in Japan.

Uniqlo owner says most shops in China outside Hubei have reopened

Mar 16 2020

TOKYO Japan's Fast Retailing said only 30 of its 750 Uniqlo stores in China were still closed, meaning most of its shops outside Hubei province, the epicenter of the coronavirus outbreak, had reopened.

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