High losses at Seiyu
Weak December and January sales at Japanese retailer Seiyu, in which Wal-Mart has a 37.8 per cent stake, were among factors that will push up losses for the year. Seiyu now expects a net loss of Y83 billion (£44.8 million).
Weak December and January sales at Japanese retailer Seiyu, in which Wal-Mart has a 37.8 per cent stake, were among factors that will push up losses for the year. Seiyu now expects a net loss of Y83 billion (£44.8 million).
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