Tag - department-stores

 
 

DEPARTMENT STORES

Japan Times
BUSINESS / Companies
Nov 11, 2022
Seven-Eleven parent to sell Sogo & Seibu stores to U.S. fund
The U.S. investment fund said it will revamp the operator of Sogo and Seibu department stores by teaming up with electrical appliances retailer Yodobashi Camera.
Japan Times
BUSINESS / Companies
Nov 9, 2022
Fortress close to buying Japan’s Sogo & Seibu for over $1.4 billion
Discussions are in their final stage and an announcement could come as soon as Thursday, sources have said.
Japan Times
BUSINESS / Economy
Oct 24, 2022
Duty-free sales jump by up to twentyfold at Japan's department stores
Competition is seen heating up further in the Japanese retail industry amid efforts to respond to such demand from inbound tourists.
Japan Times
LIFE / Style & Design / ON: FASHION
Nov 14, 2021
Shop to your heart’s content, without a staff member in sight
If you've ever felt Japan's customer service was too much, contactless shopping is on the rise. Meanwhile, pop culture-capsule collaborations vie for the title of “most shocking.”
Japan Times
JAPAN
Jun 1, 2021
Department stores and cinemas reopen in Tokyo under extended emergency
Under the guidelines, department stores are permitted to operate fully on weekdays with shortened business hours.
Japan Times
BUSINESS
Apr 24, 2021
No holiday mood as Japan virus emergency set to hit tourism and shopping hard
The emergency, set to last from Sunday to May 11, is expected to dramatically impact industries that were hopeful ahead of the usually bountiful Golden Week holidays.
Japan Times
BUSINESS / Economy
Feb 25, 2021
Japan's January department store sales fall 29% on virus emergency
Supermarket sales rose 1.2% from the previous year with people stocking up on food and other items as they refrained from going out amid the virus pandemic.
Japan Times
BUSINESS / Companies
Jan 20, 2021
More stores shutter up in Tokyo's high-end Ginza Six mall amid travel bans
Department stores in central Tokyo, heavily dependent on tourists in the past several years, have been hit particularly hard.
Japan Times
LIFE / Style & Design / ON: FASHION
Jan 9, 2021
Flashbacks and fantasy kick off Japan’s 2021 fashion scene
As department stores try to make up for a dismal 2020, recently released capsule collections turn to feel-good, nostalgic escapism.
Japan Times
BUSINESS / Companies
Nov 25, 2020
Isetan app brings in-store shopping experience online amid pandemic
About 15,000 items such as clothing and cosmetics sold at the Isetan Shinjuku department store can now be purchased using the app.
Japan Times
BUSINESS
Sep 24, 2020
Japan department store sales down 22% in August amid virus spread
Confectionery products saw a 27.0 percent drop, partly because many people did not visit their family members or relatives during the holiday season.
Japan Times
BUSINESS
Sep 12, 2020
Death knell sounds for Japanese department stores
The shops, which have struggled to modernize and adapt to new shopping styles, have been hit hard by the coronavirus pandemic.
Japan Times
BUSINESS
Jul 21, 2020
June department store sales in Japan fall 19%
Japan's department store sales declined 19.1 percent from a year earlier in June, improving from sharper falls in the previous months after the lifting of a state of emergency over the new coronavirus allowed stores to reopen, an industry body said Tuesday.
Japan Times
LIFE / Style & Design / ON: FASHION
Jul 12, 2020
The everyday mask gets more designer upgrades
Japan's department stores see a surprising sales recovery in June and masks continue to move high-end.
Japan Times
BUSINESS / Companies
Jun 23, 2020
Department store sales in Japan fell 66% in May, as pace of decline eases
Department store sales dropped 65.6 percent in May from a year earlier as the novel coronavirus pandemic continued to take a toll, but the pace of decline eased following the previous month's record plunge, an industry body said Tuesday.
Japan Times
BUSINESS / Economy
Jun 1, 2020
Virus takes toll as major Japanese department stores' sales plummet in May
Major Japanese department store operators said Monday their sales in May dived over 60 percent from year-earlier levels as many of their outlets shut or reduced business hours under a nationwide state of emergency over the novel coronavirus.
Japan Times
BUSINESS
May 23, 2020
Tokyo department stores ramp up operations as virus concerns ease
Major department stores ramped up operations Saturday following a six-week suspension for the coronavirus pandemic.
Japan Times
BUSINESS / Companies
Apr 25, 2020
Japan department store sales log record 33% drop for March, with steeper dive on the way
Department store sales sank 33.4 percent in March, posting a record fall that looks likely to be broken this month as the coronavirus keeps customers at bay, an industry body said Friday.
Japan Times
BUSINESS
Apr 14, 2020
Retailers in Japan brace for tough year as virus hits consumption hard
Recent decisions by major retailers including Seven & I Holdings Co. and Takashimaya Co. to forego the release of earnings guidance due to the coronavirus outbreak highlights the seriousness of Japan's consumption slump.
Japan Times
BUSINESS
Mar 3, 2020
Coronavirus took toll on Japan's auto and retail sales in February
Automakers and department store operators reported sharp sales declines in February as the spread of the new coronavirus dented consumer sentiment and drove away foreign tourists.

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