RANK PREVIOUS COMPANY
Maui Land & Pineapple
Alexander & Baldwin
Harry & Jeanette Weinberg Foundation
Maui Electric Co.
Hawaiian Commercial & Sugar Co.
Biggest news this week is Makena Resort’s move out of the cellar.
Not far, but a little bit’s better than nothing. The reason, naturally,
has to do with Slurpees. See, the 7-Eleven convenience store
giant—which for some reason only has two stores on Maui—just decided to
become the largest retail conglomerate in Japan. To do so, 7-Eleven’s
parent company Seven & I Holdings, Inc. had to buy Millennium
Retailing, Inc., which owns the Japanese Seibu and Sogo department
store chains. The Seibu name is key: Millennium Retailing recently
teamed up with the massive Seibu Railway Company, which among many
other holdings owns Makena Resort. And in other news, Maui Land &
Pineapple’s successful efforts to shove squatters out of its Haile
Maile village keeps that landowner in the top slot. MTW