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MaxValu
() or MaxValu is a Japanese retail store chain. Until 2000 it was named Yaohan, but changed its name after its bankruptcy and takeover by the ÆON Group. MaxValu in other countries Thailand In 2008, the owners ÆON Group rebranded all JUSCO stores in Thailand to Maxvalu Tokai. In 2012, Maxvalu Tokai in Thailand had a total of 68 stores. Maxvalu Tokai in Thailand has two formats and brands of supermarket: * MaxValu Supermarket ( th, แม็กซ์แวลู ซูเปอร์มาเก็ต) is a full-scale format of supermarket, around 1,000-3,000 square meters. * MaxValu Tanjai () is a mini-scale format of supermarket, around 300-800 square meters. Malaysia In Malaysia, all MaxValu stores are known as Pasar Raya MaxValu (MaxValu Supermarket in Malay). They take up a smaller format and branded as convenience stores, being significantly smaller than the usual JUSCO outlets in Malaysia. They are open for business 10:00 to 23:00 daily. China Maxvalu has presence in Ha ...
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JUSCO
is the acronym for Japan United Stores Company, a chain of "general merchandise stores" (or hypermarket) and the largest of its type in Japan. The various JUSCO companies are subsidiaries of the ÆON supermarket chain. The JUSCO name was adopted in 1970 from a company founded as a kimono silk trader in 1758. Renamed ÆON in 1989, it operates stores throughout Japan under JUSCO and other names and also has a presence in Malaysia, Hong Kong, mainland China and Thailand. As of March 1, 2011, all JUSCO and SATY stores under the Aeon umbrella in Japan changed their names to AEON while all the JUSCO stores and shopping centres in Malaysia have been fully re-branded into AEON since March 2012. The Hong Kong and Mainland China subsidiaries officially changed their name to AEON on 1 March 2013. History In the 1970s, JUSCO was constituted by Mie Prefecture, Kyoto and Hyogo in Japan and was named Japan United Stores COmpany. (Shortened form JUSCO). After that, it experienced rapid devel ...
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Yaohan
or ; ) was a Japanese retail group, founded in 1930 by and his wife . Initially a single shop, it was expanded by their son Kazuo Wada into a major supermarket chain with most retail outlets located in Shizuoka prefecture, south of Tokyo. It was incorporated in 1948 and listed on Tokyo Stock Exchange. The store was far more established and notable outside Japan, due to restrictive laws in Japan that made it difficult to set up new businesses, such that by the time it opened its first store in the Tokyo metropolitan area, the company was already in a state of decline due to accumulated debts from over-expansion. Growth During the 1980s and 1990s, the Yaohan group expanded dramatically outside Japan, especially into Hong Kong (since 1984), China (since 1995) and the US. At its peak, it had 450 outlets in 16 countries, including 9 in Hong Kong, as well in São Paulo, Sorocaba (inside highway bus depot), San José, Costa Rica, Los Angeles, Vancouver (Yaohan Centre), Honolulu ...
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Bankruptcy
Bankruptcy is a legal process through which people or other entities who cannot repay debts to creditors may seek relief from some or all of their debts. In most jurisdictions, bankruptcy is imposed by a court order, often initiated by the debtor. Bankrupt is not the only legal status that an insolvent person may have, and the term ''bankruptcy'' is therefore not a synonym for insolvency. Etymology The word ''bankruptcy'' is derived from Italian ''banca rotta'', literally meaning "broken bank". The term is often described as having originated in renaissance Italy, where there allegedly existed the tradition of smashing a banker's bench if he defaulted on payment so that the public could see that the banker, the owner of the bench, was no longer in a condition to continue his business, although some dismiss this as a false etymology. History In Ancient Greece, bankruptcy did not exist. If a man owed and he could not pay, he and his wife, children or servants were forced into " ...
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ÆON Group
is a group of retail and financial services companies based in Chiba, Japan, which is centered on ÆON Co., Ltd. It has sister companies in Mainland China, Hong Kong, Malaysia, Indonesia, Thailand, Vietnam and Cambodia. The group also trades under the JUSCO name. It is Japan's largest retail group. In 2011, it reported revenue of 1.2 trillion yen for the preceding year. A decade later, its revenue rose to 8.6 trillion yen (USD $81.1 billion). Fair trade Aeon sells chocolate bearing the Fair Trade label under its Top Value brand. See also *Æon *JUSCO *Maxvalu Tokai *Ministop * Carrefour Japan *Talbots (sold in 2010) *Self checkout Self-checkouts (SCOs), also known as assisted checkouts (ACOs) or self-service checkouts, are machines that provide a mechanism for customers to complete their own transaction from a retailer without needing a traditional staffed checkout. When ... References External links Æon Retail companies of Japan Keiretsu Financial se ...
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Thailand
Thailand ( ), historically known as Siam () and officially the Kingdom of Thailand, is a country in Southeast Asia, located at the centre of the Indochinese Peninsula, spanning , with a population of almost 70 million. The country is bordered to the north by Myanmar and Laos, to the east by Laos and Cambodia, to the south by the Gulf of Thailand and Malaysia, and to the west by the Andaman Sea and the extremity of Myanmar. Thailand also shares maritime borders with Vietnam to the southeast, and Indonesia and India to the southwest. Bangkok is the nation's capital and largest city. Tai peoples migrated from southwestern China to mainland Southeast Asia from the 11th century. Indianised kingdoms such as the Mon, Khmer Empire and Malay states ruled the region, competing with Thai states such as the Kingdoms of Ngoenyang, Sukhothai, Lan Na and Ayutthaya, which also rivalled each other. European contact began in 1511 with a Portuguese diplomatic mission to Ayutthaya, w ...
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Malaysia
Malaysia ( ; ) is a country in Southeast Asia. The federation, federal constitutional monarchy consists of States and federal territories of Malaysia, thirteen states and three federal territories, separated by the South China Sea into two regions: Peninsular Malaysia and Borneo's East Malaysia. Peninsular Malaysia shares a land and maritime Malaysia–Thailand border, border with Thailand and Maritime boundary, maritime borders with Singapore, Vietnam, and Indonesia. East Malaysia shares land and maritime borders with Brunei and Indonesia, and a maritime border with the Philippines and Vietnam. Kuala Lumpur is the national capital, the country's largest city, and the seat of the Parliament of Malaysia, legislative branch of the Government of Malaysia, federal government. The nearby Planned community#Planned capitals, planned capital of Putrajaya is the administrative capital, which represents the seat of both the Government of Malaysia#Executive, executive branch (the Cabine ...
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Convenience Stores
A convenience store, convenience shop, corner store or corner shop is a small retail business that stocks a range of everyday items such as coffee, groceries, snack foods, confectionery, soft drinks, ice creams, tobacco products, lottery tickets, over-the-counter drugs, toiletries, newspapers and magazines. In some jurisdictions, convenience stores are licensed to sell alcoholic drinks, although many jurisdictions limit such beverages to those with relatively low alcohol content, like beer and wine. The stores may also offer money order and wire transfer services, along with the use of a fax machine or photocopier for a small per-copy cost. Some also sell tickets or recharge smart cards, e.g. OPUS cards in Montreal. They differ from general stores and village shops in that they are not in a rural location and are used as a convenient supplement to larger stores. A convenience store may be part of a gas/petrol station, so customers can purchase goods while refuelling their vehi ...
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Happy Valley, Hong Kong
Happy Valley () is an upper-income residential area in Hong Kong, located on Hong Kong Island. The area is bordered by Caroline Hill to the east, Jardine's Lookout to the south, Morrison Hill to the west, and Causeway Bay to the north. Administratively, it is part of Wan Chai District. Happy Valley is considered as an area surrounded by Caroline Hill Road to the east, Tai Hang Road and Stubbs Road to the south, Canal Road Flyover and westbound section of Wong Nai Chung Road to the west, and Leighton Road to the north. The area is home to the Happy Valley Racecourse, Hong Kong Racing Museum, Hong Kong Jockey Club Happy Valley Clubhouse, Hong Kong Sanatorium & Hospital, Hong Kong Adventist Hospital – Stubbs Road, home to a number of sports clubs including Valley RFC rugby club, Craigengower Cricket Club, Hong Kong FC football club, and a number of cemeteries including the Hong Kong Cemetery. History The area now known as Happy Valley was formerly known as Wong Nai Chung ...
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Zhujiang New Town
Zhujiang New Town or Zhujiang New City is a central business district in Tianhe District, Guangzhou, Guangdong, China. It is bounded by Huangpu Avenue on the north, the Pearl River (China), Pearl River on the south, Guangzhou Avenue on the west and the South China Expressway on the east. Covering an area of 6.44 square kilometre, km2, it is divided by Xiancun Road () into two parts. The larger eastern section contains mainly high-end residential apartments and in the centre lies the Zhujiang park. Such a layout was modelled on the Central Park in New York City, New York where the park itself provides a green oasis in the city centre and increases the value of surrounding properties. The western portion of Zhujiang New Town was planned as the city's new Central business district, CBD for the 21st century. Its core area, which the government designated as the city's new axis of development, is a continuous open plaza which extends approximately 1.5km from Huangpu Avenue to the P ...
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Tianhe District
Tianhe District () is one of the eleven districts of Guangzhou, the capital of Guangdong province. In Chinese, the name Tianhe literally means "a river in the sky/heavens", which is also a Chinese name for the Milky Way. It is bordered by Yuexiu District on the west, Baiyun District on the north and Huangpu District on the east. Haizhu District is on its south, though they are separated by the Pearl River. Tianhe became a district in the 1980s as the city expanded its size. Back then, it was east of Dongshan District (which was merged into Yuexiu in 2005) and retained a suburban or even rural atmosphere. A majority of colleges and universities in the city were located in the district. However, Tianhe District has seen a sharp decline in arable land at an average rate of 1,000 mu per year due to urbanization since 1991. Tianhe has since developed into one of the most desirable areas in Guangzhou. Symbolic landmarks of Guangzhou located in Tianhe District are: Citic Plaza, Gua ...
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Guangzhou
Guangzhou (, ; ; or ; ), also known as Canton () and alternatively romanized as Kwongchow or Kwangchow, is the capital and largest city of Guangdong province in southern China. Located on the Pearl River about north-northwest of Hong Kong and north of Macau, Guangzhou has a history of over 2,200 years and was a major terminus of the maritime Silk Road; it continues to serve as a major port and transportation hub as well as being one of China's three largest cities. For a long time, the only Chinese port accessible to most foreign traders, Guangzhou was captured by the British during the First Opium War. No longer enjoying a monopoly after the war, it lost trade to other ports such as Hong Kong and Shanghai, but continued to serve as a major transshipment port. Due to a high urban population and large volumes of port traffic, Guangzhou is classified as a Large-Port Megacity, the largest type of port-city in the world. Due to worldwide travel restrictions at the beginni ...
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Retail Companies Established In 1962
Retail is the sale of goods and services to consumers, in contrast to wholesaling, which is sale to business or institutional customers. A retailer purchases goods in large quantities from manufacturers, directly or through a wholesaler, and then sells in smaller quantities to consumers for a profit. Retailers are the final link in the supply chain from producers to consumers. Retail markets and shops have a very ancient history, dating back to antiquity. Some of the earliest retailers were itinerant peddlers. Over the centuries, retail shops were transformed from little more than "rude booths" to the sophisticated shopping malls of the modern era. In the digital age, an increasing number of retailers are seeking to reach broader markets by selling through multiple channels, including both bricks and mortar and online retailing. Digital technologies are also affecting the way that consumers pay for goods and services. Retailing support services may also include the provision o ...
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