Inside Retail Asia breaking news, supplier information, product launches and consumer campaigns within the Japan retail sector.
Japan Latest News - Inside Retail Asia
Casual fashion brand Uniqlo’s Japanese same-store sales rose 4 per cent year on year in July as consumers stocked up on comfortable “stay at home” clothes amid the novel coronavirus pandemic.
Uniqlo will shutter nine more of its South Korean outlets next month due to a steep drop in demand amid anti-Japanese boycotts.
Japanese 7-Eleven convenience store chain owner Seven & I will purchase Marathon Petroleum’s American Speedway petrol stations for US$21 billion.
Japanese convenience store chain Lawson is launching a series of prefabricated stores in China.
Hong Kong-headquartered fashion retailer I.T Limited says its sales have fallen in all of its markets, with the US and Japan the worst affected.
Japanese retail sales have fallen by 1.2 per cent during the month of June over statistics for the same month last year.
Japanese electronics retailer Laox is to shut half of its stores in Japan as its customer base dried up due to Covid-19 social-distancing.
Japanese lifestyle specialty store Loft has opened its first directly owned overseas store, ‘Xujiahui Loft’ in Shanghai.
Eyewear retailer Owndays has launched a new sunglass range branded Chateaubriand in collaboration with restaurant brand Wagyumafia.
Shiseido is pumping up its e-commerce presence amid a “deep crisis” in the beauty business, looking to its China strategy as a growth model.
Japanese clothing producer Cecil McBee is shuttering all its physical outlets in its home territory.
Strong sales across Asia and rapid online growth helped beauty-products retailer Groupe L’Occitane contain its sales decline during the June quarter to a comparatively respectable 22 per cent.