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So 53 of the 200 and something Daiei stores will close. I notice all Nagano Daieis got the chop and so did my local one.

Anyone else lose their Daiei? are you perturbed or will just go to another store?

I am lucky my neighbourhood is saturated by stores, which is why they probably gave it the chop.

(the biggest shopping mall in kansai opening up 5 mins away wouldnt have helped its cause either)

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I could care less. just another j-company that thought the bubble years were never going to end. When you're 2 trillion yen in debt (a personal estimate)I suppose you have to make a couple uncomfortable adjustments.

 

I've heard Wal-mart is looking to sneek in the back door with perhaps a debt-for-equity swap or something.

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