Word: daiei
(lookup in dictionary)
(lookup stats)
Dates: during 1970-1979
Sort By: most recent first
(reverse)
...Walker is beginning another wide swing from the company's home base. This September he expects to sign leases to open three stores in Tokyo that will carry the Joseph Magnin name. With two local partners, the Daiei retailing chain and the C. Itoh trading company, Walker hopes to spread into other Japanese cities. He believes that Japanese young women want Western fashions and that "they have a tremendous amount of disposable income because they sensibly live at home when they start working instead of renting expensive apartments...
...guide to success in capitalist retailing. So claims Isao Nakauchi, head of Japan's fastest-growing store chain and an admitted admirer of Mao, even though he himself is a political conservative. By following the Chairman's strategic principles, Nakauchi has built his 14-year-old Daiei, Inc., into a 63-store chain that in 1970 grossed $415 million, second only to the volume of the Mitsukoshi department stores. This year Nakauchi expects to become No. 1 by pushing Daiei's sales to $556 million...
...right, even Japanese-made goods. Last winter, when outraged mammasans boycotted Japanese-made color TV sets that were being sold domestically for prices higher than those charged in the U.S., Nakauchi made a deal with a medium-size manufacturer, Shinnihon Denki Co., to market a color set in Daiei's stores for $160 - about half the going price. The publicity helped force the big manufacturers to cut their domestic prices by as much...