In today’s briefing:
- Welcia Challenges Cosmos in Kyushu
Welcia Challenges Cosmos in Kyushu
- Welcia Holdings (3141 JP) and Tsuruha Holdings (3391 JP), the country’s leading drugstore chains, are both looking to expand quickly in Kyushu after only entering the market recently.
- This won’t be easy. Kyushu is full of discount retailers led by one of the best discounters, Cosmos Pharmaceutical (3349 JP), which is also a leading drugstore chain.
- But building a significant market share in the Kyushu market is crucial to competing nationally with these emerging discount leaders.
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