What is Keiretsu in Retail? Explained

Originating from Japan, a "keiretsu" is a business structure characterized by a network of interlinked companies, often with financial relationships and shareholdings. In the retail industry, keiretsu may involve collaboration between manufacturers, suppliers, and distributors within a supply chain network. These closely associated entities work together to achieve mutual benefits, such as shared resources, reduced costs, and enhanced market presence. Keiretsu arrangements emphasize long-term relationships and collaboration, contributing to the stability and efficiency of the involved businesses in the retail ecosystem.