Business May 25, 2022
The 270-million-strong cohort born since the mid-1990s is already flexing their power: They have the fastest spending growth out of any generation in China.
Business May 2, 2022
Beer and chicken price hikes show Japanese inflation at tipping point
by Shikhar Balwani and Hideyuki Sano
Shares of Asahi Group Holdings Ltd. jumped as much as 7% last Wednesday after the company said it would raise prices for its Super Dry beer.
Business / Economy Apr 28, 2022
‘Nothing is going well’ for Japanese retailers jolted by weak yen
by Kanoko Matsuyama and Grace Huang
With wage growth still anemic, retailers have long been reluctant to raise sticker prices for fear of scaring off customers more used to years of deflation.
Business Apr 18, 2022
The lockdown is forcing Japanese retailers to halt operations in Shanghai, while Japanese manufacturers have also been affected by supply-chain disruptions.
Business Mar 30, 2022
Drop in Japan’s retail sales adds to fears of stalled recovery
by Yuko Takeo
Japan’s retail sales fell for a third straight month in February.
National Mar 27, 2022
The extra charge for plastic shopping bags "helped curb wasteful use of plastics," an Environment Ministry official said.
Business Mar 17, 2022
Japanese department stores promote hybrid shopping amid pandemic
Amid a tough business environment compounded by the COVID-19 crisis, department store sales in 2020 plunged 27%.
Business / Corporate Mar 7, 2022
Uniqlo owner pledges to stay in Russia as wave of companies exit
by Kanoko Matsuyama
Fast Retailing Co., Asia’s largest retailer and parent of Uniqlo, will continue to operate in Russia.
Business / Corporate Mar 3, 2022
Don Quijote discount store operator to support 100 Ukrainian refugee families
The company has said it would consider cooperating with other businesses in supporting refugees fleeing Russia's invasion.
Business / Corporate Feb 10, 2022
Seibu to sell assets including Prince Park Tower Tokyo to Singapore's GIC
Seibu aims to turn around its business as one of Japan's major railway and hotel operators, a sector that has been hard hit by the coronavirus pandemic.
Business / Corporate Feb 1, 2022
Seven & I considers selling Sogo & Seibu department store unit
Sogo & Seibu operates 10 stores across Japan, including the Seibu flagship department store in Tokyo's Ikebukuro district.