Amazon takes on Alibaba from Japan with Chinese-language website

Business Aug 1, 2016

Amazon takes on Alibaba from Japan with Chinese-language website

Just before the stores open in Tokyo's Akihabara electronics district, buses pull up, unleashing Chinese tourists and their credit cards to snap up televisions, rice cookers and other gadgets. Walk into any department store and there they are, buying mascara, T-shirts and other merchandise. China's ...

Shoppers tighten purse strings, making Japan retailers see red

Business Jul 8, 2016

Shoppers tighten purse strings, making Japan retailers see red

Japan's discount-seeking shoppers drove some retailers into the red last quarter as an uncertain economic outlook persuaded consumers to tighten their purse strings. Supermarkets and clothing stores will probably cut prices more to spur sluggish sales, which caused Aeon Co., the nation's biggest retailer by ...