Tag - duty-free

 
 

DUTY FREE

Foreign tourists at a duty-free counter in a department store in Tokyo
BUSINESS
Jan 26, 2024
Duty-free sales at Japan department stores hit record high in 2023
The rise reflected the weak yen, as well as an increase in the number of foreign visitors to Japan.
Welcia Holdings, Japan’s largest drugstore chain, is one of the first Japanese companies to respond to China easing its ban on group tours to a raft of countries last week.
BUSINESS
Aug 18, 2023
Japan drugstore chain boosts duty-free counters on China bets
The company plans to offer duty-free services at 1,000 stores, up from about 260 currently, and it expects tourists to travel beyond Japan’s major cities.
Japan Times
JAPAN
May 23, 2023
Japan considers revamping tax-free shopping rule to stem illicit resales
In Japan, travelers are exempted from paying the consumption tax when purchasing goods totaling ¥5,000 or more as long as they intend to use the items in their home countries.
Japan Times
BUSINESS
May 15, 2023
Japan steps up measures to prevent illegal resale of duty-free goods
The government has started levying the consumption tax on businesses that purchased the products and illegally resold them, as well as the foreign nationals involved.
Japan Times
BUSINESS
Feb 7, 2023
Vending machines make duty-free shopping easier for travelers in Japan
Travelers can pre-order items online and pick them up at automated retail machines at airports or other transport hubs in major cities including Tokyo.
Japan Times
BUSINESS
Feb 1, 2023
Shopping complex and Japan's largest airport hotel open at Haneda terminal
The full opening of the 12-story mixed-use development comes as Japan aims to welcome back inbound travelers after easing its border controls last year.
Japan Times
BUSINESS / Companies
Dec 27, 2022
Apple Japan faces ¥14 billion tax bill after treating bulk sales as duty-free
The Tokyo Regional Taxation Bureau found around u00a5140 billion in tax-exempt sales over a two-year period were fraudulent duty-free purchases to be resold for commercial purposes.
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
JAPAN
Dec 5, 2021
Japan will no longer allow foreign students to buy duty-free goods
As part of tax reforms, the government plans to narrow the eligibility of duty-free purchases to tourists and those with a short-term visa of 90 days or less.
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 / Companies
Feb 3, 2020
Duty-free sales down at Japan's department stores during China's Lunar New Year
Major department store operators in Japan reported a drop in duty-free sales during the Lunar New Year holiday amid China's ban on all outbound group travel to stop the spread of a deadly coronavirus.
Japan Times
BUSINESS
Dec 2, 2019
Japan to OK sales of duty-free goods in vending machines amid labor crunch
The government is ready to approve a plan to sell duty-free goods in vending machines to address Japan's labor shortage, especially in areas outside of big cities, government sources said Monday.
Japan Times
JAPAN
Jun 29, 2018
Japan to relax tax-free shopping rule for foreign visitors from July
The government will relax a rule for duty-free shopping from Sunday in its latest effort to spur spending by foreign visitors, after "explosive buying" by Chinese tourists appears to have cooled down.
Japan Times
BUSINESS
Jan 12, 2017
Osaka duty-free shop plan scrapped as tourist shopping sprees slow
Kansai Airports said Thursday it has scrapped a plan to open a duty-free shop in central Osaka due to a slowdown in so-called explosive shopping by tourists.
EDITORIALS
May 7, 2016
Find an effective tourism strategy
Tourism based on shopping won't keep growing at its present rate, so the hospitality industry and government need to get cracking on long-term sustainable strategies.
Japan Times
BUSINESS
Jan 26, 2016
Airport-style duty-free shop opens in Tokyo's Ginza
Mainland Japan will get its first duty-free shop outside of an international airport when the Japan Duty Free Ginza debuts at the Ginza Mitsukoshi department store in Tokyo's Chuo Ward on Wednesday, a top company official said a day earlier.
Japan Times
JAPAN
Jul 16, 2015
Chinese duty-free shopping sprees leading to flight delays at Narita
Chinese travelers going on duty-free buying frenzies at Narita International Airport are gumming up the works by causing delays to China-bound flights.
JAPAN
Jun 5, 2015
Tourism plan aims to double spending to ¥4 trillion, add 400,000 jobs
Prime Minister Shinzo Abe said Friday that the government will aim to double tourism spending to ¥4 trillion a year and create 400,000 new jobs as the industry becomes a major driver of the economy.
Japan Times
JAPAN
May 28, 2015
Okayama gets Japan's first tax-free shopping arcade
An entire shopping arcade in the city of Okayama became duty-free on Thursday, the first such mall to do so nationwide as Japan tries to lure visitors to destinations away from the heavily trodden tourist trail between Tokyo and Kyoto.
Japan Times
JAPAN
Feb 16, 2015
Foreign tourists taking home wider range of Japanese souvenirs
With a record number of tourists visiting Japan from abroad, items they take back home are diversifying from home appliances, watches and other "conventional" Japanese souvenirs.

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