Fashion
Retailer Lawson Inc. and logistics company SG Holdings Co. are to begin a delivery service under a new alliance pitched at time-deprived workers and seniors.
Lawson, a Tokyo-based convenience store operator, said on Tuesday that it will take a 51 percent stake in the new company to be created in June, with Kyoto-based SG Holdings, which runs Sagawa Express Co., holding the remaining 49 percent.
They will work together to expand their customer base as demand for home delivery increases with a growing number of elderly people and more women opting to work rather than stay at home.
