Companies / Japan
Convenience Sales Climb, But Upward Movement May Prove Temporary
June 2008 | Company Finance AlertJapan's increasingly stagnant mass grocery retail (MGR) sector received a boost in May when all four of the country's leading convenience retailers posted month-on-month sales growth. Market leader Seven & I Holdings, via its flagship Seven-Eleven brand, experienced sales growth of 3-4%, while market numbers two and three, FamilyMart and Lawson, posted a 5% sales increase and Circle K Sunkus reported a 0.3%
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