Sendai-based upstart taking on big Osaka appliance makers

/ May 25, 2017

Sendai-based upstart taking on big Osaka appliance makers

Iris Ohyama, based in Sendai, is taking on Osaka Prefecture's more established home appliance makers, including Panasonic and Sharp, in the battle for consumers' hearts and wallets. Iris joined the home appliance market in 2009 and its strategy of manufacturing cheaper alternatives to big-name rivals ...

/ Mar 6, 2017

Isetan Mitsukoshi CEO Onishi to step down over poor sales

Hiroshi Onishi plans to step down as president and chief executive officer of leading department store operator Isetan Mitsukoshi Holdings Ltd. at the end of this month, informed sources said on Monday. Onishi, 61, intends to take responsibility for the recent poor performance of the ...

Lawson offers specialized services for elderly customers

Mar 6, 2017

Lawson offers specialized services for elderly customers

A convenience store retailer is adding elderly care support services to several of its stores, motivated by the surge in Japan's rapidly aging population. While other convenience store chains have added meal delivery services to target older generations, Lawson Inc. has opened service areas that ...

China shoppers ended 2016 on spending spree but headwinds seen brewing

Jan 16, 2017

China shoppers ended 2016 on spending spree but headwinds seen brewing

Chinese consumers flocked to malls, restaurants and cinemas ahead of the year's biggest holiday season, highlighting the consumption power transforming the economy. Foot traffic at shopping centers and eateries edged up while online sales climbed from a year earlier, according to data from Baidu Inc., ...