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Tokyo Combini Wars: Lawson to buy AM/PM -
02-26-2009, 01:42 AM
From the Japan Times:
Lawson Inc., Japan's second-largest convenience store chain, said Wednesday it plans to acquire smaller rival am/pm Japan Co. for between ¥14 billion and 15 billion yen as it seeks to expand its operations in the densely populated Tokyo area. Lawson hopes to better compete with market leader Seven-Eleven Japan Co. by taking over seventh-ranked am/pm Japan, which has over 500 convenience stores in Tokyo's 23 wards. Maybe we can get some "Natural AM/PM" stores in Tokyo soon? Full article: Lawson looks to buy am/pm for ¥15 billion | Japan Times |
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