Daiei facts for kids
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Native name
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株式会社ダイエー
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Romanized name
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Kabushiki gaisha Daiē |
| Subsidiary (Kabushiki gaisha) | |
| Traded as | |
| Industry | Retail |
| Founded | 1957 at Osaka, Japan |
| Founder | Isao Nakauchi |
| Headquarters |
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Japan
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Key people
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Yoshiki Mori (Chairman) Yasuhide Chikazawa (President) |
| Products | Hypermarkets and supermarkets |
| Revenue |  ¥1,431.5 billion (2005) |
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Number of employees
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full-time; 6979 |
| Parent | ÆON Co. |
| Subsidiaries | OMC Card, OPA Co., Ltd. |
The Daiei, Inc. (株式会社ダイエー, Kabushiki gaisha Daiē) is one of Japan's biggest supermarket chains. It is based in Kobe, Hyōgo Prefecture.
The company was started in 1957 by Isao Nakauchi. He opened the first store in Osaka, near Sembayashi Station. Daiei now has more than 3,000 stores. These stores operate under the Daiei name or through its smaller companies.
Daiei stores sell many things, not just groceries. They also offer electronics, furniture for homes, and clothes. For a while, Daiei was the largest retailer in Japan based on how much they sold.
History of Daiei Stores
The Daiei store chain grew very quickly in the 1970s and 1980s. Many new stores opened during this time.
However, in recent years, other big stores like Ito-Yokado and ÆON started selling more. This made it harder for Daiei to keep its top sales spot.
Getting Financial Help
To stay strong, Daiei needed to make some big changes. They sold their baseball team, the Fukuoka Daiei Hawks, in 2005. They had bought this team from Nankai Railway in 1988.
In 2006, Daiei also sold its stores in Hawaii to another company called Don Quijote Co., Ltd. These sales helped Daiei get the money it needed.
With help from financial groups, Daiei was able to get back on track. Companies like Marubeni Corporation and Advantage Partners helped Daiei in 2005. Today, Daiei is part of ÆON Co., another large Japanese supermarket chain.
Daiei's Own Brands
Daiei sells many products under its own special names. These are called "private label brands." The most famous one is Topvalu (トップバリュ).
Topvalu products first appeared in 2007. You can find Topvalu items at both Daiei stores and ÆON Co., Ltd. stores.
Images for kids
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A Daiei store
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Topvalu logo
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Topvalu almond chocolate snack
See also
- Zombie company
