France's Carrefour to open 13 stores in Japan by 2003.
French supermarket chain operator Carrefour plans to open 13 stores in Japan by 2003, starting with a store slated to open in Chiba, Chiba Prefecture, neighboring Tokyo, in December, Carrefour Chairman Daniel Bernard said Friday.
Bernard told a press conference in Tokyo that Carrefour, the world's No. 2 supermarket operator in terms of sales, will not seek a capital tie-up with a Japanese supermarket chain operator.
The first store will open in Makuhari in the city of Chiba. It will be followed next January by stores in the city of Machida, Tokyo and in the city of Izumi in Osaka Prefecture.
The company has been operating stores elsewhere in Asia, including Taiwan, China and South Korea, since the late 1980s.
Bernard said the company did not open stores in Japan earlier mainly due to high land prices.
But Carrefour now intends to make Japan, as the world's second-largest market, the center of its ''business operations in Asia in the future,'' he said.
Carrefour, based in Paris, runs more than 9,000 supermarkets, convenience stores and other retail stores in 25 countries. It employs about 300,000 people worldwide.
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|Publication:||Japan Weekly Monitor|
|Date:||Oct 23, 2000|
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