Reporting and analysis on retail, e-commerce, and consumer trends in Japan, updated continuously by our newsroom.
Japanese retail giant Aeon Co. said on Tuesday that it has reached an agreement on a business tie-up with two of Vietnam’s major retailers Fivimart Co. and Citimart Co. in a bid to develop supermarket business in Vietnam. Fivimart Co. is the largest…
Michael Kors will open its largest Japanese flagship store this fall, on Chuo St in Tokyo’s Ginza district. The store will be the first in the world to carry every category offered by the global luxury lifestyle brand. “Japan is a key market for our continued…
Japan’s retail sales rose a marginal 0.2 per cent in December – the sixth consecutive monthly year-on-year increase. Analysts had expected a stronger one per cent increase, despite challenging economic circumstances largely due to the nation’s declining and…
Japanese retailer Aeon is planning to increase its supermarket network in Thailand to 500 outlets by 2020. But this year it has scaled back its expansion plans due to what it considers to be a subdued retail market. Aeon currently has 76 supermarkets in…
FENDI (LVMH Group) announces the launch of its e-commerce in 28 European countries starting with this year. Japan will be followed by the US in 2016. The strategic retail approach towards e-commerce follows many other top luxury fashion brands, with several…
Japan’s largest eyewear retailer Jins is to launch in the US, opening an inaugural flagship store in San Francisco’s Union Square this spring. Tokyo-based Jins launched its first store in 2001 and now operates more than 300 retail locations across Japan and…
Finnish homewares specialty retailer Marimekko is to open new flagship stores in Bangkok and Singapore. The move marks a continuation of a concerted push into the Asia-Pacific region. Over the last three years Marimekko has expanded into China, Hong Kong,…
Japan Post Co. and e-commerce giant Rakuten Inc. are teaming up to offer lockers where customers can pick up items purchased online at their own convenience, sources said on Thursday. The new service, being arranged to start in April at about 30 locations…
Proceeds will be used to pay off Yen loans. Starhill Global REIT has divested Roppongi Terzo, a prime retail property located in Tokyo, for $29.9m. This is above the property’s last valuation of $29.2m, and the sale consideration translates to a yield of…
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