Mar 16, 2016

Takashimaya to open airport-style duty-free shop in Shinjuku

Major Japanese department store operator Takashimaya Co. plans to open an airport-style duty-free shop in Tokyo in a bid to capture the growing tourism market, informed sources said Wednesday. Takashimaya will establish a company to operate the shop jointly with All Nippon Airways Trading ...

Kumamon product sales top ¥100 billion in 2015 for first time

Mar 3, 2016

Kumamon product sales top ¥100 billion in 2015 for first time

Sales of products featuring Kumamoto Prefecture’s popular Kumamon black bear mascot surpassed ¥100 billion in 2015 for the first time, the prefectural government has said. The figure, released Wednesday, represented the fifth straight year of record sales for such products since the local government ...

Japan manufacturing output up in January, retail sales fall

Feb 29, 2016

Japan manufacturing output up in January, retail sales fall

Japan’s industrial production rose in January from the month before, beating forecasts, while retail sales fell, suggesting the recovery of the world’s third-largest economy is still on the ropes. January’s increase in factory output was a turnaround from month-on-month declines in November and December. ...

Oct 29, 2015

Chinese luxury shopping undeterred by economic jitters

A study shows that wealthy Chinese remain the No. 1 buyers of luxury products worldwide, inured to economic turmoil at home as they zigzag the globe in search of deals on everything from handbags to jewelry. The study by Bain & Company consultancy released ...

FamilyMart, Uny agree all-stock merger

Oct 15, 2015

FamilyMart, Uny agree all-stock merger

FamilyMart Co. has agreed to buy Uny Group Holdings Co., the operator of the Circle K and Sunkus chains, creating the nation’s second-largest convenience store operator. It will be an all stock transaction valuing the company at about ¥171 billion. FamilyMart will pay 0.138 ...

May 28, 2015

April retail sales disappoint as consumption tax weighs

Retail sales rose less than forecast in April, signaling a weak start to the second quarter for an economy that is still weighed down by last year’s sales-tax increase. Sales climbed 0.4 percent from March, when they dropped 1.8 percent, government data released Thursday ...

Mar 10, 2015

Seven & I to tie up with Osaka supermarket chain Mandai

Japanese retail giant Seven & I Holdings Co. is set to conclude a business tie-up agreement with Mandai Co., a supermarket chain operator centered around Osaka Prefecture, informed sources said Tuesday. Seven & I is also considering the acquisition of an equity stake in ...

Department stores beef up Chinese service before Year of the Sheep

Feb 16, 2015

Department stores beef up Chinese service before Year of the Sheep

Major department stores are beefing up their service for Chinese customers ahead of the Lunar New Year holiday season starting Wednesday, bidding for big-spending tourists to offset the slump in domestic spending. The Year of the Sheep begins on Thursday, and Chinese visitors are ...

| Aug 9, 2014

Pop-up

A pop-up is a temporary store that is small in size and attempts to build up interest through consumer exposure.

Seven-Eleven to open dozens of stores at JR Shikoku stations

Jul 4, 2014

Seven-Eleven to open dozens of stores at JR Shikoku stations

Seven-Eleven Japan Co. will in August begin opening around 40 outlets at Shikoku Railway Co. train stations, sources familiar with the matter said Friday. The expansion will take about three years to complete. JR Shikoku, which serves the island it is named after, will ...