Four major Japanese department stores suffer sales drops of 30%-40%
The sales declines are due chiefly to temporary store closures last spring and a significant decrease in the number of foreign travelers to Japan amid the novel coronavirus pandemic.
Tokyo supermarkets may limit customer entry under virus emergency
Major supermarket operators will also refrain from carrying out discount sales and limited-time offers.
The Japanese economy is expected to suffer major damage if a state of emergency is declared again as a result of the coronavirus pandemic.
Japan retail sales drop as Tokyo prices fall most since 2010
Slumping energy costs and record virus cases that kept shoppers home darkened the recovery outlook, delivering sales declines that doubled analysts' forecasts.
Japanese supermarkets to expand closures for New Year's holiday
Convenience stores, however, will mostly stay open during the holiday period and are expecting increased demand.
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.
Walmart to sell 85% stake in Seiyu to Rakuten and KKR
The deal is meant to shore up Seiyu’s digital operations with the aid of its new owners as demand for online retail grows in Japan.
Zozo says new body-measuring suit overcomes flaws of original
The new outfit employs 20,000 markers, up from the previous version's 400, to help gauge people's sizes more accurately.
How Japan’s subscription economy could redefine the way consumers and firms interact
Japan has lagged behind other nations in terms of subscription-based activities, but the model is finally catching on as consumers explore new ways of doing business.
Ex-head of Don Quijote parent suspected of misconduct over shares
The Securities and Exchange Surveillance Commission raided related locations in November 2019 and summer this year.
Nitori to launch hostile takeover bid for Shimachu to rival DCM offer
The deal for the DIY and hardware stores operator is expected to be worth up to ¥163.6 billion.
Uniqlo owner Fast Retailing's profits up on China and Japan sales
Analysts say Fast Retailing is in a position to recover faster compared with its peers, given its emphasis on affordable, basic clothing suitable for working from home.
