NEWSWORTHY

/ Jul 21, 2018

Foreign supermarkets struggle to make a profit in Japan

Some of the major foreign supermarket chains that entered Japan around 2000 offering low prices made possible through bulk purchases have exited the country. Carrefour SA of France and Tesco PLC of Britain pulled the plug on their supermarkets in 2005 and 2013, respectively. Even the ...

China fines Muji for packaging that lists Taiwan as a country

May 24, 2018

China fines Muji for packaging that lists Taiwan as a country

Retailer Muji has been fined 200,000 yuan ($31,300) in Shanghai for using packaging that lists Taiwan as a country, underscoring China's growing sensitivity to how companies refer to the self-ruled island. This marks the second time Muji has been hit by such criticism from China ...

/ May 14, 2018

Uniqlo to open huge store near Manila later this year

Japanese casual clothing chain Uniqlo said Monday it will open its largest store in the Philippines later this year. The 4,100-sq.-meter global flagship store is scheduled to be opened at the Glorietta 5 shopping mall in the financial district of Makati, near Manila, sometime between ...