Wednesday, June 27, 2007

Seven&I to spend Y300 bln on U.S. expansion-paper

(Reuters) - Under the expansion plan, the Japanese retailer aims to lift
product sales, including gasoline, by at least 15 percent from
the level in 2006 to 1.2 trillion yen, the report said.




Seven & I is trying to boost its presence in the world's
biggest consumer market where competition is expected to further
intensify with the entry of new players such as Britain's Tesco
Plc into the convenience store sector, the Nikkei said.


Read more at Reuters.com Mergers News

No comments: