Category Archives for "JapanConsuming Corporate"

Jul 14

Mitsui ramps up SC investment

Mitsui Real Estate will open five major malls this year, including its first outlet mall in Hokuriku and a 90,000 sqm mega mall in Osaka. While Aeon plans to add even more new leasable space this year, Mitsui still remains the second biggest SC developer by new mall development, and continues to consolidate its SC […]

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Jul 14

Dying cities need new solutions

Japan’s overall population decline is currently only visible in the outer regions, particularly in small and medium cities, but it will have a major impact on consumer brands and retailers. Two recent government white papers highlight the problem, introducing a new designation for cities expected to experience medium-term decline. Longer term the same trend will […]

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Jul 14

Convenience store sales up 1.6% in May with innovations across sector

While GMS chains are still larger by sales volume, convenience stores continue to make the greatest progress in the FMCG sector. Last month saw a range of announcements of yet more sales growth, new private brands, and other marketing initiatives. Lawson: Year on Year Same Store Sales Change by Sub-Format, 2014-15 The Japan Franchise Chain […]

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Jul 14

Walmart still hoping for acquisitions

Walmart has now owned Seiyu for almost 13 years, and has recently achieved some success. In late May, Steve Dacus stepped down as CEO after four years in charge, having overseen consecutive years of same store sales growth. There remain doubts over Seiyu’s ability to make real progress given its limited chain and lack of […]

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Jul 14

G-Foot overtakes Chiyoda, targets ABC Mart

Aeon owns G-Foot, the third largest footwear retailer, and wants it to be number two. It is likely to achieve that ambition this year. It is opening stores faster than Chiyoda, helped along by its plethora of locations in group-owned shopping malls and GMS chain. ABC Mart is not standing still, however, and continues to […]

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Jul 14

Listed apparel groups: tough times

The largest listed apparel firms, Onward, TSI, Sanyo Shokai and Renown should be the main beneficiaries of a resurgent department store sector, but with spending coming mostly from more affluent consumers, it is luxury and big international brands that have gained the most. Middle market brands from the traditional apparel houses haven’t done so well, and […]

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Jul 14

World to close 500 stores in 2015

When one of Japan’s biggest apparel groups decides to close 500 stores, the impact on the industry is never going to be small. But World is not the only apparel firm to take an axe to its brand portfolio – TSI Holdings has closed 900 stores in the last three years alone. This is actually […]

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Jun 14

June 2015 News in Brief

The Coffee Bean & Tea Leaf opens first Japanese branch The first Japanese outlet for LA-based Coffee Bean & Tea Leaf beverage chain opened in Nihonbashi last month. Founded in 1963, Coffee Bean & Tea Leaf is regarded as one of the progenitors of the gourmet coffee business in the US and is today owned […]

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Jun 14

Conbini coffee hits 1.9 billion cups

Japanese consumers have fallen in love with convenience store coffee and are drinking it by the litre. This is the latest example that proves how well convenience stores understand their market and the opportunities that exist if suppliers can bring the right product to the table. No other sales channel is as powerful as convenience […]

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Jun 14

H&M opens 50th store, on track to hit 120 stores by 2020

H&M is proving to be one of the fastest growing overseas apparel retailers ever in Japan. It now plans to open more small stores in city centres. Once it has worked out issues with its other chains here, these plans could make it one of the top 10 specialty apparel retailers in Japan in the […]

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Jun 14

Yamada Denki closes 49 stores

Yamada Denki remains one of Japan’s most aggressive and innovative retailers. It is, however, fighting a losing battle as the market around it contracts and consumers find cheaper options online. Last month it simultaneously closed 1% of its entire chain and sold a 5% share in the business to Softbank, the latter a defensive move […]

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Jun 14

H2O to invest ¥60 bn through 2017

H2O is a powerhouse in Kansai and its investment programme for the next decade looks set to confirm its dominance in key cities from Osaka down to Fukuoka in Kyushu. H2O Retailing continues to cement its position as one of the leading retailers in Kansai and Kyushu through selective investments in new retail facilities, upgrades […]

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Jun 14

United Arrows: under pressure

United Arrows posted higher sales in FY2014, but it is suffering from falling profits and its core chains are experiencing declining footfall, down 10% last year on a same store basis. Management admits to problems with merchandise, but there is a growing concern that the brand is also losing its cachet after several years of […]

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Jun 14

Renting bags gains traction

Most women want to buy luxury bags, but there’s also the option to rent them for short periods. While this might look like bad news for bag brands since it means fewer are sold, it actually expands the market for bags designed for special occasions, times when a new purchase can’t quite be justified for […]

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Jun 14

LGBT market finally out in the open

Japan has always been accepting of the LGBT community, although, as in the West, the more conservative avoid any public debate. A more liberal society and greater internationalisation in general mean more and more companies are openly targeting this market, which a recent report suggests has a value of close to ¥6 trillion. Japanese firms […]

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Jun 14

Nisshinbo acquires Tokyo Shirts

Business shirts are a commodity product usually sold either within Japan’s Big 4 suits retailers or at department stores. In the last decade a few specialty chains have begun to wrest control of distribution from manufacturer wholesalers. Recognising this, one of Japan’s biggest materials businesses, Nisshinbo, sold its own shirt brand last year and has […]

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Jun 14

Yamato launches e-commerce solution, challenges Amazon

Yamato will launch an e-commerce package for retailers this month, leveraging its vast logistics base. The new service brings competition for Amazon and Seven & I, with rapid fulfilment to customers and backend support, while crucially helping Rakuten and other portals solve their problems with patchy merchant deliveries. Small merchants will even be able to […]

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Jun 14

Isetan-Mitsukoshi to relaunch in Europe, open more stores in Japan

The amount of copy devoted to Isetan-Mitsukoshi in recent months is the result of the pace of change and innovation at the formerly dowdy department store group. As well as small stores and services like travel and health clinics, the group’s latest ideas emphasise its determination to reach out to customers wherever they are. This […]

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