News Rakuten of Japan, Seiyu Walmart to open logistics site...

Rakuten of Japan, Seiyu Walmart to open logistics site as a jump online sales

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TOKYO (Reuters) – Japanese online retailer Rakuten and Walmart's Seiyu said that they intend to open a new logistics site in Yokohama later this year to deal with growing sales from their online supermarket business.

Rakuten Seiyu Netsuper sales increased by 30% between October to late December by the previous year, the companies said in a joint statement Thursday.

Japan's slow grocery shopping was retiring in Japan, where consumers tend to shop daily for fresh produce. But Seiyu and more Aeon Co. Co the increasing numbers of women at work, and advances in technology and logistics networks, are expected to bring about change.

(Reporting by Ritsuko Ando; Editing by Muralikumar Anantharaman)

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