Launch of the “NAVY®” New Business Format
First written in FY2020-Q3. 1 of 3 entries say "Restated". Latest entry: FY2021.
No other company in this theme has enough history to compare yet.
- FY2021DroppedAnnual reportThe current securities report does not specify the number of stores or rollout status for the “NAVY®” format described through the previous fiscal year.
- FY2020RestatedAnnual report
「In October, we launched the new-format “NAVY®” stores, with approximately 100 tsubo of sales floor space. “NAVY®” is the name of our registered trademark brand, and the stores offer carefully selected items from our private-label “NAVY®” brand together with national-brand items that broaden customers’ styling options.」
The Company continues to describe the “NAVY®” format as stores with approximately 100 tsubo of sales floor space combining carefully selected private-label products with national-brand products. - FY2020-Q3First statedAnnual report
「Regarding the redirection of store development, in October we launched a new business format called “NAVY®,” under the same name as our registered trademark brand “NAVY®.” As a new merchandising concept for medium-sized stores, we developed shops offering a carefully selected range of private-label “NAVY®” items together with a broad selection of national-brand items to expand styling options.」
In October, the Company launched a new format, “NAVY®,” using the same name as its registered trademark brand, and developed medium-sized stores combining carefully selected private-label products with national-brand products.