Focus: Specialty apparel chains: Sales fall for 80% Following on from September’s focus on apparel distribution overall, this month we take a closer look at the most dominant apparel retail format: specialty chains. Just as for apparel retailing overall, it was a terrible year for the specialty chains. Although the format extended its lead in […]
Focus: Apparel Retailing FY2009: only cheerful for the cheap, or just really smart A breathtakingly bad set of results characterised apparel retailing in FY2009 with almost every major retailer failing to find growth for a second consecutive year. This is not surprising given the triple whammy of deflation, consumer demand for more for less, and […]
Focus: Retail Results FY2009 The complete picture: dynamic retailers to the fore The latest financial results for FY2009 are now out. It was not a good year for many given the economic problems and consumers who are still unwilling to spend, but even so, a good number of retailers produced very solid gains, both in […]
Retail pioneers: selling food online Selling food online remains a business still in its infancy in Japan despite Seiyu opening the first online supermarket way back in 2000. Small though it may be, most of the leading food retailers now have some form of sales channel through the internet, and there are a few other […]
Focus: Sports: a bright light in the fashion industry “A cloudless blue sky, snowy peaks of Fujisan in the background, and a shimmering patch of green perfection ahead as his ball drops within a metre of the flag. Other than the appreciative murmurings of equally privileged colleagues enjoying a day away from the pressures of […]
Focus: Japan only big enough for 80 department stores J-Front’s chairman recently suggested a department store needs a catchment of a minimum of 1 million people to work. On a pro rata basis, this suggests 130 department stores could survive well enough, fewer than half the current total. However, add in population spread and transport […]
2009 12-month results: couldn’t have been worse The calendar year results for 2009 are unusually important. In addition to providing a hint at how financial performances may turn out with the end of year results to be announced in February and March, the numbers this year show a clear picture of how different formats are […]
Used goods retailing now for everyone Japanese may be famous for buying luxury brands, but nowadays not everyone is looking to get the latest product brand new. There is a growing and increasingly professional market in second hand goods, and second hand apparel and branded items are a key part of it. Several chains have […]
Focus: Japan warms to online shopping There is a warm glow of satisfaction and even excitement in one area of consumer distribution: online shopping. Almost all the leading online shopping malls, web stores and mobile shops are enjoying strong growth as consumers shift their spending online. Wider selections, keen prices and the comfort of shopping […]
Bonuses slump, gift giving declines, department stores wail Department stores are in dire straights. This is hardly news after 20 months of ongoing decline and forecasts of the lowest annual sales total since 1985. Department store obituaries have been written numerous times already, not least in JC, but the death of their role in the […]
FOCUS: Shopping centres: more space, lower sales, lower rent While FY2007 was a good year for shopping centres (SCs), FY2008 was very challenging and presaged what has become an even tougher 2009. While sales fell for many, the rate of development has also declined after years of exuberant growth. The majority of SCs continued to […]
Focus: Apparel: a testing year reveals the winners Following last month’s focus on apparel distribution overall, this month we take a closer look at the most dominant apparel retail format: specialty chains. A much more mixed set of results for FY2008 reflects the difficult second half of the year facing every retailer selling apparel. Many […]
Focus: Falling apparel consumption hammers retailers The results for leading apparel retailers for FY2008 show the effect of the fall off in consumption in the second half of the year. So few companies were spared that little can be gained from looking at growth versus decline. Instead, for the most part, the measure of success […]
