It has been reported that Pan Pacific International Holdings made Olympic Group a subsidiary, intensifying activity in the discount store industry.
Restructuring and acquisition activity among companies in the discount store industry has become increasingly prominent. The report focuses on Pan Pacific International Holdings making Olympic Group a subsidiary.
Specifically, Pan Pacific International Holdings is reported to have brought Olympic Group into its group and is moving to strengthen its group structure. The development is being reported against the backdrop of changes in the competitive environment in the discount store market.