JTO: Incoming Daiei chief sees return to profits in '12

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Incoming Daiei chief sees return to profits in '12
By - 04-17-2010 04:10 PM
Originally Posted at: The Japan Times Online

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Struggling supermarket chain Daiei Inc. will aim to return to the black in the 2012 financial year by reviewing its store structure and expanding sales of private-brand products, its incoming president said.
Michio Kuwahara, who will take the helm at Daiei in May, said in a recent interview that he plans to include the target in the company's midterm business plan to be compiled around the middle of next month.



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