Matsuzakaya Archives - Inside Retail Asia

Japanese department-store sales continue to fall

Japanese department store sales plunged 60 per cent last month as the Covid-19 crisis saw retailers close or operate under reduced hours across the country. Sales in the Matsuzakaya and Daimaru department stores were down 73.2 per cent year on year, although that was an improvement on the 79.1-per-cent decline a month earlier.  Rival operator Takashimaya says its sales were down…

Japan’s 10-day holiday did little for local retailers

An unprecedented 10-day holiday period in Japan, extended to celebrate the enthronement of Crown Prince Naruhito, saw unexpectedly low sales increases for Japanese businesses.

World Department Store Forum 2019 headed to Tokyo

The World Department Store Forum 2019 (WDSF) will be held in Tokyo next year, on June 6-7.

Ginza Six opening with 241 outlets

Ginza Six, one of the largest commercial complexes in Tokyo’s Ginza district, will open tomorrow.

Japanese stores target Thai tourists

After targeting Chinese visitors during the Lunar New Year holidays, Japanese department stores have now set their sights on Thai tourists.