Inside Retail Asia breaking news, supplier information, product launches and consumer campaigns within the Japan retail sector.

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Eating at home will be ‘the new reality’ for Asian consumers after Covid-19

Covid-19 has changed Asian customers’ habits, especially in Hong Kong, as more of them decide to eat at home, according to research from Nielsen.

Covid-19 exacerbates apparel-sales decline in Japan

Sales of apparel and accessories at Japanese department stores plummeted 40 per cent last month compared with a year earlier.

Two Asian retailers named in global housewares awards

Two Asian retailers have been named in a global housewares awards sponsored and organised by the Inspired Home Show and the IHA.

Mitsukoshi eyes first quarterly loss in eight years

Japanese department-store chain Isetan Mitsukoshi is likely to report its first loss over a single financial quarter in eight years, according to Asia Nikkei.

Tan Mujiang opens Japanese flagship

Chinese wooden-comb retailer Tan Mujiang has opened a new Japan flagship store, its second in the country and its seventh worldwide.

Vestiaire Collective raises US$64 million in fresh funds

Vestiaire Collective has raised US$64.1 million in its new funding, with new investors Korelya Capital backed by Korean technology giant Naver.

Asian consumer behaviour may change forever after Covid-19

New research has shown that some shifts in Asian consumer behaviour in response to the coronavirus outbreak could be lasting beyond the pandemic.

Starbucks unveils financial support for staff in Asia

Global coffee giant Starbucks has announced a US$10 million fund to support its employees around the world impacted by the coronavirus outbreak.

Takashimaya to offer financial services in Japan

Japanese department store Takashimaya is to sell financial products and services in partnership with an online securities company, SBI Securities.

Japan’s Lixil Group launches online in China with JD

Japanese housing equipment company Lixil Group has launched a flagship store on JD, where it will showcase four of its brands: Grohe, American Standard.

Fast Retailing counts cost of coronavirus pandemic

Japanese fashion brand Uniqlo’s parent Fast Retailing has slashed its net profit forecast for this year to US$930 million, a drop of 38 per cent against last year’s figures

FamilyMart Taiwan plans 200 new stores

Familymart Taiwan is aiming to open 220–230 new stores in the territory this year, as the Japanese convenience-store chain franchise emerges unaffected by the coronavirus turmoil.