Free Subscription

  • Access 15 free news articles each month

Professional

Try one month for $4
  • Unlimited access to news,insights and opinions
  • Quarterly and weekly magazines
  • Independent research reports and forecasts
  • Quarterly webinars with industry experts
  • Q&A with retail leaders
  • Career advice
  • 10% discount on events
×

Japanese grocer heads to China

Japanese supermarket operator Maruetsu is to open its first overseas store – in China.

Maruetsu says it will open a 2000 sqm premium supermarket store ‘Lincos’ in Wuxi in Jiangsu Province on September 30 that will offer more than 20,000 products including fresh produce and processed foods.

The Wuxi store is the first of the more than 100 planned for the nation through a joint venture with Chinese company Suning.

The move is part of its goal to offset stagnation in population-declining Japan, it says.

Making its start in 1945 as a retailer of fresh fish, Maruetsu has grown into a supermarket today operating more than 270 Maruetsu, Maruetsu petit, Lincos and Uoetsu stores across Tokyo Metropolitan area.

You have 7 free articles.

Masterclasses are only for Professional Subscribers

Become a Professional for only $4 Already member? Login
  • Unlimited access to news,insights and opinions
  • Quarterly and weekely magazines
  • Independent research reports and forecasts
  • Quarterly webniars with industry experts
  • Q&A with retail leaders
  • Carrer advice
  • Exclusive masterclass access.Part of Retail Week 2021