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May 03, 2024
 

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RETAILERS

Japan Times
BUSINESS / Companies
Apr 12, 2019
Fast Retailing cuts profit estimate as slowing Uniqlo sales in Japan offset brisk business abroad
Fast Retailing Co. said the brisk performance of its Uniqlo casual clothing brand in overseas markets helped lift the group's profits in its first half, but the firm also downgraded full-year estimates due to slowing sales at home.
Japan Times
BUSINESS / Companies
Apr 4, 2019
Yodobashi to buy outdoor goods shop operator ICI Ishii-Sports
Major electronics retailer Yodobashi Holdings said Wednesday it will acquire outdoor goods shop operator ICI Ishii-Sports as early as the end of this month.
Japan Times
BUSINESS / Companies
Apr 1, 2019
Lawson to install self-checkout service in all stores across Japan amid labor crunch
Lawson Inc. will introduce self-checkout systems in all 14,000 of its convenience stores by October to cope with Japan's chronic labor shortage and ease the burden on existing employees, company sources said Monday.
Japan Times
BUSINESS
Mar 28, 2019
Culture meets convenience as Japan's konbini stores bet that books go down well with a bento
With increased competition from online stores and digital alternatives, bookstores in Japan are belatedly following their overseas brethren out of business, so convenience store chains are stepping in to cater to readers who like to peruse a page or two before they buy.
BUSINESS / Companies
Feb 15, 2019
Japan's H2O Retailing expands push into Taiwan bread market with joint venture
Japanese department store operator H2O Retailing Corp. will set up a joint venture in Taiwan to meet growing consumer demand for freshly baked bread.
Japan Times
BUSINESS
Feb 13, 2019
Not so much obliged: More Japanese women buying Valentine's chocolates for themselves, not colleagues
More and more women in Japan are abandoning the tradition of giving obligatory chocolates to male coworkers on Valentine's Day, instead using the occasion to treat themselves.
Japan Times
JAPAN
Feb 1, 2019
Aeon rolls out real-time video interpreting service for non-Japanese customers in 10 languages
In light of an increasing number of foreign customers, supermarket giant Aeon Co. on Friday launched a real-time video interpreting service.
BUSINESS / Economy
Jan 28, 2019
Retail rout deepens as U.K. and Germany lose thousands of jobs
Europe's retail crisis deepened as companies in the U.K. to Germany are set to cut thousands of jobs as online shopping accelerates erosion of sales from traditional bricks-and-mortar stores.
Japan Times
BUSINESS / Economy
Jan 11, 2019
Japan household spending falls for third straight month in November
Japanese households cut spending for the third straight month in November as unseasonably warm weather reduced the need for heating and winter clothing.
Japan Times
BUSINESS / Companies
Jan 10, 2019
Uniqlo operator Fast Retailing blames warm winter for surprise profit decline
Uniqlo operator Fast Retailing Co. Ltd. reported an unexpected decline in quarterly profit on Thursday, blaming warm weather for hurting winter clothing sales even as its Chinese business shrugged off concerns of a decelerating economy.
BUSINESS / Companies
Dec 21, 2018
Furniture retailer Otsuka Kagu agrees to tie up with Chinese firm
Struggling furniture retailer Otsuka Kagu Ltd. said Friday it has agreed to a business tie-up with a Chinese company in the same sector, as it looks to boost sales in the world's second-largest economy and turn its fortunes around.
BUSINESS
Dec 18, 2018
JR East's Atre to open first shopping mall outside Japan in Taiwan
East Japan Railway Co. will open the first overseas shopping mall of its station complex management arm Atre Co. in Taiwan next month to capitalize on its consumption-oriented lifestyle.
Japan Times
BUSINESS
Nov 22, 2018
SoftBank to invest $2 billion in Coupang, S. Korea's largest online retailer
SoftBank Group Corp.'s Vision Fund will invest $2 billion in South Korea's Coupang, giving the e-commerce giant funds to accelerate development of new shopping and delivery services.
Japan Times
BUSINESS
Nov 9, 2018
Department store Takashimaya joins new venture in Bangkok as it looks beyond traditional domestic sales model
Boxed in by a shrinking domestic market and consumer preferences shifting toward online shopping, the only way for Japanese department stores — as well as the broader retail sector — to survive is to get a slice of fast growing markets overseas, especially in neighboring countries.
Japan Times
BUSINESS / Tech
Nov 8, 2018
Signpost's cashierless kiosk in Tokyo signals a real challenge to Amazon in 'smart store' sector
Amazon.com Inc. is betting that stores of the future won't have any clerks or registers. A company in Japan thinks it can get there first.
Japan Times
WORLD
Oct 24, 2018
Alibaba harnesses vast trove of shoppers' data to create 'spicy' Snickers bar
Brands spend hundreds of millions of dollars each year trying to figure out what consumers want.
Japan Times
BUSINESS
Oct 16, 2018
Japan's consumers and businesses have mixed views on consumption tax hike next year
Consumers and businesses had a mixed response to the Abe government's decision Monday to lift the consumption tax rate to 10 percent next October as planned, with some understanding the need to restore fiscal health and others concerned about the impact on the economy.
Japan Times
BUSINESS
Oct 16, 2018
Alberta expects 80 to 100 cannabis stores licensed in a month
Alberta expects to have 80 to 100 cannabis retail stores licensed over the next month, with 17 locations ready for the first day of legal sales on Wednesday.
Japan Times
BUSINESS / Companies
Oct 11, 2018
Fast Retailing posts record profit on strong global sales
Fast Retailing Co., operator of the Uniqlo casual clothing chain, said Thursday its group net profit rose 29.8 percent to a record ¥154.81 billion ($1.38 billion) in the year through August thanks to strong sales at home and abroad.
Japan Times
BUSINESS
Oct 11, 2018
Tokyo-based clothes recycling newbie to advance to Startup World Cup 2019
A Tokyo-based startup specializing in the business of recycling clothes is slated to proceed to the final stage of an annual global startup competition, scheduled to be held in San Francisco in May of next year.
Weak yen fattens tourist wallets in Japan
People visit the Ameya Yokocho market in Tokyo's Ueno district during the Golden Week holiday on Tuesday.
Number of vacant homes in Japan hits record high of 9 million
A vacant house in Tokyo is seen demolished in January 2020.
'So hot you can't breathe': Extreme heat hits the Philippines
A pedestrian cools himself with a folding hand fan as he waits for a ride along a road in Manila on Wednesday, as extreme heat hit the Philippines.
Kishida sets sights on energy and climate in South America trip
Prime Minister Fumio Kishida will use a policy speech in Sao Paulo to set out his vision for ties between Japan and South America, almost 10 years after former Prime Minister Shinzo Abe advocated for stronger ties between the two in the same city.
Town to block view of Mount Fuji in response to overtourism
The town government of Fujikawaguchiko, Yamanashi Prefecture, decided to set up a 2.5-meter-high screen to prevent tourists from taking pictures of Mount Fuji looming behind a convenience store.
Kishida sets sights on energy and climate in South America trip
Prime Minister Fumio Kishida will use a policy speech in Sao Paulo to set out his vision for ties between Japan and South America, almost 10 years after former Prime Minister Shinzo Abe advocated for stronger ties between the two in the same city.
Yellow sand allergy: A health issue made worse by climate change
A screenshot of the Meteorological Agency's satellite image of clouds and yellow sand (in pink) on Sunday.
Climate change, chalky grains and the risks for Japan’s rice farmers
A farmer plants seedlings in Satsumasendai, Kagoshima Prefecture. Japan’s self sufficiency rate for rice is nearly 100%, compared with 38% for food overall, on a calorie basis.
Japan wants you to spend more with ‘luxury tourism’
Performers play a traditional drum unique to Wajima, Ishikawa Prefecture, in the prefectural capital of Kanazawa on March 16 to mark the extension of the Hokuriku Shinkansen line to Tsuruga Station in Fukui Prefecture.
Theaster Gates’ ambitious ‘Afro-Mingei’ brings Black Chicago to Tokyo
Theaster Gates' “A Heavenly Chord” lines up church pews before seven speakers and a Hammond B3 organ, a type of electric organ prevalent in Black American churches.

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