It doesn’t have much to do with it, just that the trademarks are a bit similar

They are all Japanese companies, one is in Hunan (Pinghetang), there are two stores in Changsha, and one store in Zhuzhou is a new bakery. Yu is the general agent in Hunan, operating high-end department stores.

Hunan Pinghetang Industrial Co., Ltd. is the result of the friendly relations between Hunan Province and Shiga Prefecture, Japan.

The company was established in December 1994, with a total investment of US$96 million to build and operate the Pinghetang Commercial Building in Wuyi Square, Changsha. The commercial building was grandly opened on November 8, 1998. The shopping mall has a construction area of ??79,419 square meters and a fully functional office area of ??32,400 square meters. It is a world-class business center integrating commercial retail, catering, leisure, culture and entertainment, and offices. The parent company is in Shiga, Japan. (www.heiwado.cn)

One in Beijing and Chengdu (Yokado)

Ito Yokado (Ito Yokado) was founded in 1920, formerly known as "Yokado" "Foreign Products Store", after more than 80 years of development, now has more than 60 companies, and its business involves retail, catering, finance, processing and manufacturing, publishing, etc. The retail industry is the main area in which Ito-Yokado Group is involved, including convenience stores, large comprehensive supermarkets, supermarkets, department stores, specialty stores and discount stores. Ito-Yokado is a famous brand store under the Ito-Yokado Group. It is mainly a large-scale comprehensive supermarket and has more than 180 stores in Japan. In recent years, it has been more active in expanding its retail business in many cities in mainland China, including Chengdu and Beijing.

Ito-Yokado was once the parent company of the world-famous convenience store 7-Eleven. Now the two companies are also affiliated to the new holding company "Seven & i Holdings". "Seven & i Holdings" later purchased the controlling stake of Millennium Retailing Inc., which owns Sogo Department Store and Seibu Department Store in Japan, for US$2 billion on December 26, 2005, becoming the largest in Japan and the fifth largest in the world. Retail business. "Seven & i Holdings" is listed on the Tokyo Stock Exchange in Japan, stock code: 3382, ranked 131st among the Fortune Global 500 in 2011, and is headquartered in Tokyo, Japan.

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