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Japanese retail tycoon Ryuji Arai can thank a growing flock of Chinese spenders for his swelling fortune. Bic Camera Inc., the Tokyo-based consumer electronics retailer that sells everything from cosmetics to liquor at discounted prices, has become a…
Japanese electronics retailer Bic Camera is targeting teenage girls in a new concept store set to open in the quirky Harajuku shopping precinct. Harajuku has been renowned globally as a destination for cosplay fans since way before the pastime became…
Two Japanese retail groups are about to start accepting bitcoin payments, a move that is likely to promote wider use of the virtual currency by domestic consumers. Electronics chain Bic Camera has teamed up with Tokyo-based BitFlyer, which runs the largest…
The drastic slowdown of the Chinese duty-free shopping phenomenon known as bakugai (“buying explosion”) continues to hit Japanese tax- and duty-free retailers, with several companies having sharp revenue falls in recent months. As a result of the slowing…
