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Article: Operators of Japanese Convenience-Store Chain C&S to Merge.
- Article from:
- Kyodo News International (Tokyo, Japan)
- Article date:
- October 14, 2003
CopyrightCOPYRIGHT 2003 Kyodo News International. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Oct. 14--TOKYO--C&S Co. said Tuesday it and its two midsize convenience store chain affiliates, Circle K Japan Co. and Sunkus & Associates Inc., will merge Sept. 1 next year in a bid to boost the efficacy of their operations.
The merged company, Circle K Sunkus Co., will tackle cost controls amid intensifying competition in the convenience store industry while keeping the brand names of Circle K and Sunkus, C&S said.
Circle K Japan will be the surviving entity and Circle K Japan President Kiyoshi Hijikata will become the president of the new company, C&S said.
C&S, set up in July 2001 as a holding company for the two convenience store ...