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Diamond notes (Japanese) that Black will be in charge of overseas expansion and IT integration for the retail group which are thought to be the two most important departments in terms of strategic direction.
Aeon Co Ltd, Japan's second-largest retailer, said it aims to nearly double its operating profit in three years by expanding in Asia, as it looks to nurture growth beyond its stagnant domestic market. The company in a business plan released on Tuesday predicted its operating profit would increase to 250 billion yen ($3.1 billion) in the year to February 2014, from 130 billion yen in its 2009/10 financial year.
Aeon, which operates Jusco general merchandise stores as well as thousands of convenience stores in Japan, wants much of that growth to come from expanding in Southeast Asia.
The retail conglomerate said it plans to invest 830 billion yen opening new stores, of which a quarter will be earmarked for operations in countries such as Indonesia and Thailand. "If you leave out North America, Asia will be the world's biggest market over the next 10 years," Aeon president Motoya Okada said at a press briefing in Tokyo.
Mulboyne wrote:Jerry Black, CEO of global retail consultants Kurt Salmon Associates, looks set to become the first foreigner to be appointed to the board of supermarket giant Aeon. Black worked closely with Aeon when he ran the Asia-Pacific operations of Kurt Salmon and is said to have played a major part in helping the group outperform its rivals. Black will resign his current position and his appointment to the Aeon board will be confirmed at the upcoming shareholder's meeting. Aeon hopes to expand outside Japan and Black will help lead this effort.
McTojo wrote:I won't go to Aeon anymore!!
Screwed-down Hairdo wrote:That's a bit hypocritical isn't it? A few days ago, you were bemoaning the fact that Blacks were being deprived of opportunities, and as soon as one gets a chance at the top you boycott him.
McTojo wrote:I won't go to Aeon anymore!!
McTojo wrote:I won't go to Aeon anymore!!
Screwed-down Hairdo wrote:That's a bit hypocritical isn't it? A few days ago, you were bemoaning the fact that Blacks were being deprived of opportunities, and as soon as one gets a chance at the top you boycott him.
McTojo wrote:It makes me sick to my stomach actually to even hear a white person claim to be African - in spite of him being born there. White Afrikkkaners are so (un)African to me
McTojo wrote:just like non-Japanese who assume the reigns of power in Japanese companies. I say shame on Japan!
McTojo wrote:I am not happy when I see big nose Ghosn running the show over at Nissan, or when I see this guy Mr. Black trying to influence things over at Aeon.
Mulboyne wrote:Reuters: Aeon to double operating profit on Asia growth
Diamond notes (Japanese) that Black will be in charge of overseas expansion and IT integration for the retail group which are thought to be the two most important departments in terms of strategic direction.
Greji wrote:Good point McTurd! Let's take it a logical step further, since Black Americans and Black Europeans are not originally from those locales, they should all immediately be fired from all companies and government executive positions (including Obama who is worse yet, since he is an inbred half - by your definitions) and be only allowed to exist in those countries with the appropriate visas.
Coligny wrote:Fuck you...
Without him Nissan would no longer exist...
And for your info Ghosn now rule over Renault, Nissan, Samsung, Dacia, Mack Trucks, Infinity, Alpine a good part of Vaz Lada and now even a bit of Daimler Benz.
Go choke on a goat dick.
Greji wrote:
Ahhh, now you went and messed up all that good shit you been doing!
Ganma wrote:I think you need to watch The Bridge on the River Kwai.
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