while revenue dropped 5.8% to ¥665 billion. Walmart spent more than $2 billion to take full control of Seiyu by 2008, after first investing in the Japanese supermarket chain in 2002. Walmart sold ...

Founded in 1963, Seiyu has more than 300 stores across Japan employing more than 34,000 people. With fiscal year 2020 revenue of $524 billion, Walmart employs more than 2.2 million “associates ...