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Real Insight on Japanese Retail & Consumer Markets
6 Jan
FOCUS: 2015 proving a good year for retailers – unless you’re a GMS chain Consumers face growing pressure from stagnant wages and increasing prices for basics, a situation that is likely to worsen with further weakening of the Yen. Last Autumn, worries about consumer spending led several major retailers to publicly express concern that things […]
7 Dec
FOCUS: Convenience Stores to dominate retail industry? The rise and rise of convenience store retailing is one of the most significant stories in Japanese business over the past 30 years. While few would fail to admire the skill with which the leading chains have grown, and their efficiency and profitability as retailers, for the majority […]
3 Nov
The top 100 shopping centres continue to grow. After a great year in FY2013, with sales rising an average of 4.2%, the leading SCs overcame the downturn in spending in 1H2014 to finish with another 3.9% jump in FY2014. The top selling SCs fared much better than the sector as a whole, which was flat […]
3 Nov
Familymart-Uny deal finally inked in October In mid-October, a month later than expected, Familymart and Uny announced they’d reached agreement to merge in 2016. The deal will be formally inked at the two companies’ AGMs next Spring with the merger initiated in September through a share swap agreement. For Uny, the deal offers business security […]
3 Nov
Nikkei’s annual ‘Net Life’ survey for 2015 shows a downturn in spending online due to the overall expenditure cut backs over the past year. As Amazon has added new brands and sub-stores, more shoppers are moving away from domestic rival Rakuten, although Rakuten still comes out as number one in apparel and food sales online. […]
3 Nov
Epsilon’s latest study on brand loyalty in Japan reconfirms a high level of loyalty to certain brands in some sectors. Loyalty programmes are popular, with consumers more likely to be members of multiple schemes rather than none at all, but shoppers look for value in their loyalty points, with programmes such as T-Points or Ponta […]
3 Nov
Seven & I is determined to make its GMS and department store businesses more profitable. It has already invested in upgrading key department stores, while converting others to hybrid SC operations, and last month announced the closure of 20% of Ito-Yokado stores. Key to future profit will be the rapidly expanding range of brands sold […]
3 Nov
Lumine just signed a franchise deal with an overseas pizza chain. Nothing particularly unusual about that, but what is radical is that it is a direct franchise, and Lumine has plans for more, not only in dining but also in apparel, accessories and home fashion. It is even looking at Lumine-managed select shops. JR East’s […]
3 Nov
Anyone claiming access to the important 24-34 year old women’s market in Japan is going to get attention. A new start up backed by @cosme and Itochu’s Excite Japan claims not only access to 15 million young women but also a sure fire way to get their attention: curated ads on their smartphones as they […]
3 Nov
World shocked the apparel industry with its plan to cut 500 stores, and TSI Holdings continues to slash away at its brand portfolio. Other major apparel groups are also under serious pressure too. Itokin may well be forced to accept management by its main bank and Onward has failed to see any renewal after pulling […]
3 Nov
Japan’s network of 55,000 convenience stores, 80% of them run by just three companies, is an ideal delivery system for online sales. The growth in online retailing in general is a tremendous opportunity for domestic and overseas brands alike, with expanded market access and lower cost distribution options of particular interest to overseas firms. The […]
3 Nov
The small format chain ambitions of the major department stores are a great opportunity for overseas brands to reach new parts of the country and new customers. Isetan Salone was there first and is very much a high end select shop, but now Takashimaya has come up with its own chain, one designed specifically for […]
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