Fast Retailing, Seven & I mull partnership

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Two of Japan’s largest retail businesses are eyeing a “comprehensive business alliance” according to Japanese news reports.
A strategic relationship currently under discussion could see a range of mutually beneficial co-operations spanning physical stores and eCommerce.
Details are still sketchy, but according to news reports, Fast Retailing, the parent of Uniqlo, could work with Seven & I, parent of 7-Eleven convenience stores and the Ito-Yokado supermarket chain, on areas including product design, house brands, marketing and distribution.
Uniqlo may use 7-Eleven stores as collection points for online purchases.
The two companies may also launch a joint venture clothing brand outside the Uniqlo network.
To date, that’s as much information as has leaked out.
Questions & Answers
Q.Which specific companies are involved in the potential business alliance?
Which specific companies are involved in the potential business alliance?
Fast Retailing, the parent company of Uniqlo, is considering a partnership with Seven & I, which owns 7-Eleven convenience stores and the Ito-Yokado supermarket chain. These are two of Japan’s largest retail businesses.
Q.What areas of co-operation are reportedly being discussed between the two retailers?
What areas of co-operation are reportedly being discussed between the two retailers?
Discussions reportedly cover product design, house brands, marketing, and distribution. There is also a possibility of Uniqlo using 7-Eleven stores for online purchase collections and launching a joint clothing brand.
Q.What might be one practical application of this partnership for Uniqlo customers?
What might be one practical application of this partnership for Uniqlo customers?
Uniqlo customers may be able to collect their online purchases from 7-Eleven stores. This would be a convenience for customers, using the existing network of 7-Eleven locations.
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