TOKYO -- Japanese supermarket chain Daiei appears on course for its first operating profit in six years, as parent Aeon's overhaul of the unit looks to pay off.

Let us first focus on the circumstances surrounding Daiei's major creditor banks. In the run-up to Daiei's decision, the creditor banks must have had opportunities to force Daiei to seek help from ...

Japanese retailer Daiei has posted a 132% increase in first-half group recurring profit to ¥5.72bn (US$45.7m) after it closed 48 loss-making stores. Daiei, Japan’s third-largest retailer by sales, ...

We’ll send you a myFT Daily Digest email rounding up the latest Asia-Pacific equities news every morning. Wal-Mart has been eliminated from a shortlist of consortia bidding to become the lead investor ...

Japanese supermarket operator Daiei has said its same-store sales for the full year to 29 February were flat compared to the previous year. The company had forecast a 1% slide in full-year same-store ...

TOKYO -- Daiei said Wednesday that it now expects a 17.5 billion yen ($160 million) group net loss for the year ending next February, nearly triple the 6 billion yen loss it had been forecasting.

We’ll send you a myFT Daily Digest email rounding up the latest Asia news every morning. Wal-Mart is considering investing in Daiei, sending shares in the struggling Japanese retailer soaring by 27 ...