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April 20, 2024
 

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RETAILERS

BUSINESS / Companies
Nov 23, 2017
Fast Retailing Co. applies to open Uniqlo stores in India, amid worldwide expansion
Fast Retailing Co. has applied for approval to open stores in India, amid a push by Asia's largest clothing chain to increase its footprint across the globe.
Japan Times
JAPAN / CHUBU CONNECTION
Oct 24, 2017
Ikea returns to Aichi after 1970s department store presence proved hard fit
Swedish furniture giant Ikea opened a new store Oct. 11 in Nagakute, Aichi Prefecture, but few know that 45 years ago it had an outlet in a department store in the Meieki district of Nagoya.
Japan Times
JAPAN
Oct 1, 2017
Seven & I begins donating leftover food to Tokyo's needy
Seven & i Holdings Co. has started donating unexpired food leftover at its Ito-Yokado supermarkets in Tokyo to needy families.
Japan Times
BUSINESS
Aug 23, 2017
For foreign companies in Japan, adapting to local culture seen as key to success
Adjusting to culture in Japan is often a challenge for foreign residents. The same goes for foreign companies.
Japan Times
BUSINESS / Companies
Aug 21, 2017
Japan's department stores sales fell 1.4% in July
Department stores sales in Japan fell 1.4 percent in July from a year earlier on a same-store basis, due partly to weak sales of clothes and food items, an industry body said Monday.
Japan Times
BUSINESS
Aug 18, 2017
Japan's budding fashion rental services proving popular with working women, moms
Satoshi Amanuma recalls his wife standing in front of her closet full of clothes before they went out, muttering she had nothing to wear.
Japan Times
BUSINESS / Companies
Jul 27, 2017
LMVH profit jumps as Japan, Europe join China luxury rebound
LVMH's first-half profit grew at the fastest rate since 2011 as Japan and Europe joined a luxury industry recovery led by China, showing double-digit sales increases in the second quarter.
Japan Times
BUSINESS / Companies
Jul 21, 2017
Japan's convenience stores recorded first sales decline in four months on dreary weather
Sales at convenience stores fell 0.1 percent in June from a year earlier to log the first drop in four months, with rainy days in northern Japan and low temperatures in western Japan keeping customers away, industry data showed Thursday.
Japan Times
BUSINESS / Companies
Jun 19, 2017
Luxury online retailer Reebonz to raise up to $150 million for East Asia expansion
Reebonz Pte, Southeast Asia's largest online luxury retailer, is planning to raise as much as $150 million (¥16.7 billion) to bolster its marketplace business and fund expansion in China, Japan and South Korea.
Japan Times
BUSINESS
Jun 16, 2017
Online merchants wary of Amazon feel warm embrace of … Wal-Mart?
Chad Rubin began selling vacuum cleaner parts on Amazon.com Inc. in 2008 and turned it into a multimillion-dollar business. But in recent years, Rubin has found it increasingly difficult to compete on the cluttered site, where he has been forced to buy advertising that cuts into his profit. Last year, he decided to shift some of his business to an up-and-coming website where it's easier and cheaper to stand out: Walmart.com.
Japan Times
BUSINESS / Companies
Jun 8, 2017
Can Do ¥100 shop operator see big potential for Thai expansion
Japanese ¥100 shop operator Can Do, buoyed by unexpectedly strong demand in Thailand, aims to aggressively expand the number of outlets from the current seven to as many as 100 by 2020.
Japan Times
BUSINESS / Tech
Apr 5, 2017
More retailers in Japan accept virtual currency
With the use of virtual currency spreading, especially overseas, more retailers in Japan are opening up to payments from tourists via the blockchain technology.
BUSINESS
Feb 14, 2017
Key retail CEOs head to Washington to fight Trump-planned border tax
Chief executives of some of America's largest retailers, including Target Corp. and Best Buy Co. Inc., are headed to Washington this week to make their case that a controversial tax on imports would raise consumer prices and hurt their businesses, according to people familiar with the plan.
Japan Times
BUSINESS / Companies
Feb 10, 2017
Furniture chain Nitori weighs buying into apparel market
Nitori Holdings Co. is considering buying an apparel chain in Japan, a move that will pit the furniture seller against rivals including Fast Retailing Co., Asia's largest clothier.
Japan Times
BUSINESS / Economy
Nov 25, 2016
Retailers turn deaf ear to Kuroda's inflation pledge
While Gov. Haruhiko Kuroda's vow to overshoot the Bank of Japan's 2 percent inflation target caused a stir among monetary policy watchers in September, it's yet to have an impact among retailers.
Japan Times
BUSINESS / Companies
Nov 21, 2016
No-frills clothier Shimamura finds favor in sluggish Japan, tops Uniqlo in income growth
No-frills fashion. Cheap and cheerful. Call it what you will, Shimamura Co. has a money-making formula for selling clothes in Japan's moribund economy.
Japan Times
BUSINESS / Companies
Oct 14, 2016
Yanai relents on Fast Retailing sales target amid slowing growth
Fast Retailing Co. Chairman Tadashi Yanai caved in to reality and scrapped his 8-year-old target for the Uniqlo casual-wear owner to hit ¥5 trillion ($48 billion) in annual sales by fiscal year 2020.
BUSINESS
Oct 6, 2016
Seven & i, H2O agree on capital, business alliance
Seven & i Holdings Co. and H2O Retailing Corp. said Thursday they have agreed on a capital and business tie-up, with Seven & i selling some of its department stores to the operator of the Hankyu and Hanshin department stores.
Japan Times
BUSINESS
Aug 22, 2016
Chinese 'explosive shopping' boom turns to Japanese cosmetics, supplements
The spending power of Chinese tourists in Japan is so impressive there's a special word for it: bakugai, or explosive buying.
Japan Times
BUSINESS
Aug 10, 2016
Japan firms to see sales peak over new Mountain Day holiday
As Japanese prepare to head for the hills Thursday for the nation’s inaugural Mountain Day holiday, retailers and tour operators are gearing up for an  ¥820 billion windfall.
No link to Nankai Trough quake seen after temblor in Shikoku
Satoshi Harada from the Meteorological Agency explains about the magnitude 6.6 earthquake during a news conference early Thursday.
Tehran signals no retaliation against Israel after drones attack Iran
A reported strike against Iran by Israel on Friday came against the backdrop of Iran's support for the Palestinian Hamas militant group, whose assault into Israel on Oct. 7 triggered Israel's invasion of Gaza.
In a first, Japan doctors sue Google over negative reviews on firm's map app
One of the lawyers representing a group of doctors suing Google told a news conference that the main purpose of the lawsuit is not to seek compensation but instead to raise awareness over various problems with the Google Maps system.
Former No. 1 Kento Momota retires from international badminton at 29
Badminton star Kento Momota leaves a news conference after announcing his retirement from Japan's national team, in Tokyo on Thursday.
Thousands evacuated as Indonesia volcano erupts
Indonesia's Mount Ruang spews hot lava and smoke as seen from Sitaro, North Sulawesi, on Wednesday.
'House of the Owl' brings Hollywood values to Japanese TV
In the new Disney+ series “House of the Owl,” Min Tanaka (left) plays a powerful political fixer, or “kuromaku,” who has a troubled relationship with his adult children, particularly his idealistic son, played by Mackenyu.
Benefits and risks: AUKUS looks to take gamble on Japan
U.S. President Joe Biden, Australian Prime Minister Anthony Albanese and British leader Rishi Sunak deliver remarks on the AUKUS partnership, after a trilateral meeting, at Naval Base Point Loma in San Diego in March last year.
Kyoto’s demon night parade lives to haunt another day
In a Kyoto long past, the "hyakki yagyō" (100 demon night parade) haunted a sleepy corner of Kyoto. Now, one enterprising monster enthusiast has won a small batttle to keep the march alive.
U.S. deploys midrange missile system in Indo-Pacific for first time
A U.S. Army Mid-Range Capability (MRC) Launcher arrives as part of the capability’s first deployment into theater on Northern Luzon, Philippines, April 8.
Unpacking the chaotic by-election in a scandal-hit Tokyo district
People listen to a campaign speech in Tokyo's Koto Ward on Tuesday.

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