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Ito yokado

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Ito-Yokado is a Japanese retailer founded in 1948 that operates about 175 superstores throughout Japan selling food, apparel, household goods and more. It is one of Japan's largest retailers in terms of sales. The company has expanded over the years through establishing various retail formats and related businesses such as convenience stores and restaurants. Ito-Yokado aims to further expand globally and improve operations through strategies such as joint procurement and logistics optimization. Key challenges include competition and economic conditions.

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Ito yokado
?Establishment : MASATOSHI ITO ?Founded : 1 March 1948 ?Head quartered in tOKYO, Japan ?one of the 15 largest in the world, in terms of sales.
One of Japan's leading retailers, It operates about 175 superstores throughout Japan. In addition to food (more than half of total sales), the stores apparel, household goods, and more.
Business name ITO-YOKADO &CO.,LTD. President NORIKAZU ITO Head office ICHINOMIYA CITY , JAPAN Distribution centre KITANAGOYA, JAPAN Capital ? 30MILLION Founded MARCH 1948 Nature of Business: Operation of superstores selling food , apparel and household products. Total sales: ?1,487.4 billion Number of employees: 44,299
?MASATOSHI ITO founder and honorary chairman of ito Yokado ?Chairman of Seven-Eleven Japan TOSHIFUMI SUZUKI ?President and COO: SAKAE ISAKA ?Chief Administrative Officer: NORITOSHI MURATA MaSatOSHi
1958: Yokado Co., Ltd. is established, originally to operate department stores. 1961: Yokado opens a new store, which is essentially a superstore¡ªa supermarket also selling nonfood items. 1965: Company name is changed to Ito-Yokado Co., Ltd.; superstores are renamed Ito-Yokado. 1972: Ito Yokado goes public, with listing on the Tokyo Stock Exchange company, also expands into restaurants, with establishment of the Famil chain. 1973: Denny¡¯s Japan is established to open Denny¡¯s restaurants in Japan and Ito Yokado establishes Seven-Eleven Japan to open Seven Eleven convenience stores throughout Japan. 1975: York Mart supermarket chain is established.
1978: Company launches MarY ann, a chain store specializing in fashionable in women¡¯s clothing. 1981: StepS , a chain of menswear stores, is established. 1984: Company establishes the rObinSOn¡¯S Japan department store business and the OSHMan¡¯S Japan sporting goods business. 1991: Ito-Yokado acquires a 70 percent stake in Southland Corporation, owner of the 7-Eleven chain. 1992: A scandal involved which leads to the resignation of Ito as President. 1995: Shiba Park Publishing is formed as a magazine publisher. 1997: Company expands into China for the first time with the opening of a superstore in Sichuan. 2001: IYBank begins its operations
?5399 Miscellaneous General Merchandise Store ? 5541 Gasoline Service Stations ? 5812 Eating Places ? 5411 Grocery Stores ? 5331 Variety Stores
? Retail stores ?Financial Services ?IT / Service
Yokado currently operates three formats i)Comprehensive Shopping Centers. ii)General Merchandizing Stores (GMSs). iii)Neighborhood Shopping Centers (NSCs).
COMpreHenSive SHOpping CenterS Mall-styled stores featuring various retailing and amusement facilities
Large-scale stores covering a full range of daily products, including food, apparel and household goods, to meet consumer needs in highly populated urban areas
Food supermarkets and specialty stores to meet consumer needs in smaller commercial areas
STARTED IN 2001 Offering wide range of varieties through online Ordered via PC / mobile phone Picking of ordered Pr o items on sales floor ce co ss e - e rc m in m e Items packed in back room Delivered to customer
Thank Ito Scholarship assistance to young Scholarship people who have "their own Foundation learning" the willingness (Foundation) Http://Www.Ito-foundation.Or.Jp/ ?
Installation of ice thermal storage systems and light-adjusting facilities for reduced energy use in large stores Ice thermal storage system using nocturnal ice-making Accelerated installation of energy-efficient facilities to reduce CO2 emissions
?EFFECTS OF AREA MARKET ONCENTRATION STRATEGY ? Greater familiarity with customers ?Efficient construction of production bases ?Effective sales promotions ?Efficient construction of distribution structure ?Improved efficiency in guiding franchised stores ?Preventing entry by competitors
GLOBAL STRATEGY ?Establishment of the supply structure required for overseas expansion involving area licensees ? Promotion of Group wide joint procurement of raw materials and products ?Sharing of information on global production regions DISTRIBUTION STRATEGY ? Establishment of total optimization of distribution system ? Systematizing the Group¡¯s distribution section
DISTRIBUTION SYSTEMS Processing Centers and Perishables Distribution Centers Combined Delivery System Group companies adopt a combined distribution system for greater efficiency Perishables distribution center jointly operated by Ito-Yokado and York- Benimaru Ito-Yokado Perishables distribution centers 5 York-Benimaru Perishables distribution centers 10 Vegetables and fruits centers 4 Seven-Eleven Japan Meat processing centers 6 Seasonings packaging centers 8 Vegetable processing centers 9
Ito follows different type of visual merchandising to attract customers They will upgrade v.m every week for new look
Soft- drink display case Freezer inverter case
Group Card Business Group companies have issued over 30 million cards at present Millennium 2.43 million CARDS CARD SAISON Member¡¯s 1.58 million Card CLUB ON 2.41 million CARD SAISON Ito-Yokado 7.12 million Point Card Seven Card*1 3.11 million Nanaco 12.85 million
Ito yokado
?Multiple formats and solid market share in major metropolitan areas. ?Well known regional brands ?Developed private label and loyalty marketing programs ?Pricing image ?Very strong organic growth (i.e., comparable and identical store sales)
?consistent productivity and execution across divisions ?Weak in own brand sales. ?Japan¡¯s economy. ?Spending too much cost in transport.
?Business expansion in North America ?Joint ventures and acquisition for more expansion. ?Discount sales development. ?Improve sales performance. ?Reduce operating cost.
?Fierce competition. ?Wal-Mart low prices is the biggest threat for Yokado ?New player entering into the retail industry. ?Frequent changes in fashions
Ito yokado

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Ito yokado

  • 2. ?Establishment : MASATOSHI ITO ?Founded : 1 March 1948 ?Head quartered in tOKYO, Japan ?one of the 15 largest in the world, in terms of sales.
  • 3. One of Japan's leading retailers, It operates about 175 superstores throughout Japan. In addition to food (more than half of total sales), the stores apparel, household goods, and more.
  • 4. Business name ITO-YOKADO &CO.,LTD. President NORIKAZU ITO Head office ICHINOMIYA CITY , JAPAN Distribution centre KITANAGOYA, JAPAN Capital ? 30MILLION Founded MARCH 1948 Nature of Business: Operation of superstores selling food , apparel and household products. Total sales: ?1,487.4 billion Number of employees: 44,299
  • 5. ?MASATOSHI ITO founder and honorary chairman of ito Yokado ?Chairman of Seven-Eleven Japan TOSHIFUMI SUZUKI ?President and COO: SAKAE ISAKA ?Chief Administrative Officer: NORITOSHI MURATA MaSatOSHi
  • 6. 1958: Yokado Co., Ltd. is established, originally to operate department stores. 1961: Yokado opens a new store, which is essentially a superstore¡ªa supermarket also selling nonfood items. 1965: Company name is changed to Ito-Yokado Co., Ltd.; superstores are renamed Ito-Yokado. 1972: Ito Yokado goes public, with listing on the Tokyo Stock Exchange company, also expands into restaurants, with establishment of the Famil chain. 1973: Denny¡¯s Japan is established to open Denny¡¯s restaurants in Japan and Ito Yokado establishes Seven-Eleven Japan to open Seven Eleven convenience stores throughout Japan. 1975: York Mart supermarket chain is established.
  • 7. 1978: Company launches MarY ann, a chain store specializing in fashionable in women¡¯s clothing. 1981: StepS , a chain of menswear stores, is established. 1984: Company establishes the rObinSOn¡¯S Japan department store business and the OSHMan¡¯S Japan sporting goods business. 1991: Ito-Yokado acquires a 70 percent stake in Southland Corporation, owner of the 7-Eleven chain. 1992: A scandal involved which leads to the resignation of Ito as President. 1995: Shiba Park Publishing is formed as a magazine publisher. 1997: Company expands into China for the first time with the opening of a superstore in Sichuan. 2001: IYBank begins its operations
  • 8. ?5399 Miscellaneous General Merchandise Store ? 5541 Gasoline Service Stations ? 5812 Eating Places ? 5411 Grocery Stores ? 5331 Variety Stores
  • 9. ? Retail stores ?Financial Services ?IT / Service
  • 10. Yokado currently operates three formats i)Comprehensive Shopping Centers. ii)General Merchandizing Stores (GMSs). iii)Neighborhood Shopping Centers (NSCs).
  • 11. COMpreHenSive SHOpping CenterS Mall-styled stores featuring various retailing and amusement facilities
  • 12. Large-scale stores covering a full range of daily products, including food, apparel and household goods, to meet consumer needs in highly populated urban areas
  • 13. Food supermarkets and specialty stores to meet consumer needs in smaller commercial areas
  • 14. STARTED IN 2001 Offering wide range of varieties through online Ordered via PC / mobile phone Picking of ordered Pr o items on sales floor ce co ss e - e rc m in m e Items packed in back room Delivered to customer
  • 15. Thank Ito Scholarship assistance to young Scholarship people who have "their own Foundation learning" the willingness (Foundation) Http://Www.Ito-foundation.Or.Jp/ ?
  • 16. Installation of ice thermal storage systems and light-adjusting facilities for reduced energy use in large stores Ice thermal storage system using nocturnal ice-making Accelerated installation of energy-efficient facilities to reduce CO2 emissions
  • 17. ?EFFECTS OF AREA MARKET ONCENTRATION STRATEGY ? Greater familiarity with customers ?Efficient construction of production bases ?Effective sales promotions ?Efficient construction of distribution structure ?Improved efficiency in guiding franchised stores ?Preventing entry by competitors
  • 18. GLOBAL STRATEGY ?Establishment of the supply structure required for overseas expansion involving area licensees ? Promotion of Group wide joint procurement of raw materials and products ?Sharing of information on global production regions DISTRIBUTION STRATEGY ? Establishment of total optimization of distribution system ? Systematizing the Group¡¯s distribution section
  • 19. DISTRIBUTION SYSTEMS Processing Centers and Perishables Distribution Centers Combined Delivery System Group companies adopt a combined distribution system for greater efficiency Perishables distribution center jointly operated by Ito-Yokado and York- Benimaru Ito-Yokado Perishables distribution centers 5 York-Benimaru Perishables distribution centers 10 Vegetables and fruits centers 4 Seven-Eleven Japan Meat processing centers 6 Seasonings packaging centers 8 Vegetable processing centers 9
  • 20. Ito follows different type of visual merchandising to attract customers They will upgrade v.m every week for new look
  • 21. Soft- drink display case Freezer inverter case
  • 22. Group Card Business Group companies have issued over 30 million cards at present Millennium 2.43 million CARDS CARD SAISON Member¡¯s 1.58 million Card CLUB ON 2.41 million CARD SAISON Ito-Yokado 7.12 million Point Card Seven Card*1 3.11 million Nanaco 12.85 million
  • 24. ?Multiple formats and solid market share in major metropolitan areas. ?Well known regional brands ?Developed private label and loyalty marketing programs ?Pricing image ?Very strong organic growth (i.e., comparable and identical store sales)
  • 25. ?consistent productivity and execution across divisions ?Weak in own brand sales. ?Japan¡¯s economy. ?Spending too much cost in transport.
  • 26. ?Business expansion in North America ?Joint ventures and acquisition for more expansion. ?Discount sales development. ?Improve sales performance. ?Reduce operating cost.
  • 27. ?Fierce competition. ?Wal-Mart low prices is the biggest threat for Yokado ?New player entering into the retail industry. ?Frequent changes in fashions