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Matsumoto KiYoshi news

03 February 2020
Japanese drugstore chains Matsumoto KiYoshi and Cocokara Fine are set to merge. New business entity Matsumoto KiYoshi began talks with Kanagawa-based Cocokara Fine on a deal last year. The two businesses are set to merge, creating a new business entity if approved by the boards of both sides. Deal to complete by October 2021 The transaction is expected to be completed by October nex...
18 December 2019
Matsumoto Kiyoshi announces its first Vietnamese store will be in March, with plans to open 10 to 15 stores in the next three to five years. Store planning to suit locals The retailer had conducted research and shopper interviews to customise its store design and features to fit locals’ shopping preferences. It will bring cosmetics, health supplements, functional foods and self-care product...
18 November 2019
A leading drugstore chain from Japan, Matsumoto Kiyoshi, has entered a partnership with Lotus Food Group to open stores in Vietnam. New stores under MatsuKiyo According to the Matsumoto Kiyoshi, a joint venture company has been set up with US$1.36m as capital. 51% will be owned by Matsumoto Kiyoshi, 48.87% by Lotus Food Group and 0.13% by Le Van May, the President and CEO of Lotus. Widen...
16 August 2019
Matsumoto KiYoshi is reportedly in talks with Kanagawa-based Cocokara Fine on an acquisition deal. Merger would create Japan’s largest drugstore chain Should the deal go ahead, the merger would create a drugstore chain significantly larger than close and current market leader Welcia Holdings operated by Aeon. Drugstores like Matsumoto KiYoshi selling food, soft drinks and liquor has alre...