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Ito-Yokado to Withdraw from Japan's Central to Northern Areas

Ito-Yokado to Withdraw from Japan's Central to Northern Areas

   Tokyo, Feb. 9 (Jiji Press)--Ailing supermarket chain Ito-Yokado Co. will withdraw from the Hokkaido, Tohoku and Shinetsu regions in northern, northeastern and central Japan, respectively, it was learned Friday.
   The Seven & i Holdings Co. unit will close five of its 17 stores in the regions and hand over 11 to other supermarket operators. Negotiations are underway for the remaining one. Employees at the stores are expected to be retained.

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AFP-JIJI PRESS NEWS JOURNAL


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