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Kyodo Industry Brief (Oct. 31)(Japan Economic Newswire Via Acquire Media NewsEdge) ---------- Seiyu to close 30 unprofitable stores from 2015 TOKYO - Tokyo-based supermarket chain operator Seiyu GK and its parent, U.S. retail giant Wal-Mart Stores Inc., will close about 30 unprofitable stores in Japan from 2015, according to the companies. ---------- New Uniqlo flagship store opens in Osaka, targets foreign tourists OSAKA - The Uniqlo casual clothing chain opened its second Osaka flagship store Friday just outside the Hankyu Umeda Station, employing a multilingual staff to target foreign tourists, operator Fast Retailing Co. said. ---------- Sony names new president to lead struggling mobile business TOKYO - Sony Corp. said Thursday that Hiroki Totoki, a senior vice president, will become president of its Sony Mobile Communications Inc. subsidiary on Nov. 16, replacing Kunimasa Suzuki. ---------- U.S. firm decides on investment in LNG project for Japan NAGOYA - Chubu Electric Power Co. and Osaka Gas Co. said Thursday a U.S. firm has decided on investment in a project in the state of Texas to process U.S. shale gas into liquefied natural gas for export mainly to Japan. (NOTE: Corporate press releases are available on Japan Portal, a multilingual website powered by Kyodo News providing information about a wide range of topics and events in Japan. URL: http://www.japanportal.jp/industry/) (c) 2014 Kyodo News |