News On Japan

Off-Price Stores Offer Massive Discounts on Clothing and Furniture

TOKYO, Oct 24 (News On Japan) - Off-price stores in Japan, which offer significant discounts on clothing and furniture, are growing in popularity as inflation continues.

These stores sell brand-new items at up to 90% off, attracting customers looking for affordable options. Unlike outlet stores, which deal with excess stock from a single brand, off-price stores carry a variety of brands, offering a wide range of products. This includes out-of-season items or leftover stock, allowing them to offer such steep discounts.

The appeal of off-price stores has extended beyond clothing to furniture as well. Nationwide stores are offering luxury furniture at deeply discounted prices, often up to 80% off the original cost. The rapid restocking of new items ensures that customers frequently find new deals, further driving the popularity of these stores.

Off-price stores not only benefit consumers’ wallets but also contribute to sustainability by reducing the waste of unsold new products. By offering unsold and slightly imperfect items at reduced prices, these stores help minimize the disposal of 150,000 tons of new clothes each year, promoting a more eco-friendly shopping experience.

Source: FNN

News On Japan
POPULAR NEWS

SoftBank Group Chairman and CEO Masayoshi Son and OpenAI CEO Sam Altman have launched a new AI services company in Japan, aiming to drive innovation in enterprise AI. At the unveiling, Son introduced the company’s first service, "Crystal," which he described as a revolutionary AI solution that will transform business operations.

Russia has expanded its facilities on Suisho Island in the Habomai group of the Northern Territories, which it continues to occupy illegally.

Crimes committed by foreign visitors to Japan are on the rise, in particular, a growing trend of short-term visitors who commit crimes and immediately flee to their home countries, a pattern referred to as 'hit-and-run' crimes. Why is Japan being targeted?

The H3 Rocket No. 5 was launched at around 5:30 p.m. on February 2nd from the Tanegashima Space Center in Kagoshima Prefecture. The rocket carries the government’s 'Michibiki 6' satellite, known as the Japanese version of GPS.

A massive sinkhole swallowed a truck in Yashio, Saitama Prefecture, on January 28, with dramatic footage capturing the moment the road suddenly gave way.

MEDIA CHANNELS
         

MORE Business NEWS

Nara Governor Yamashita has announced the cancellation of a large-scale solar power project in Gojo City, citing the inability to secure local consent. The project, initially proposed as an alternative to a previously planned 2,000-meter runway, was intended to support power supply stability during disasters and include a disaster-response heliport.

Honda and Nissan's negotiations over a potential business integration have hit a roadblock, with concerns that Nissan’s restructuring measures are inadequate.

Manga-based movies were big hits in Japan last year. They took the top three spots, helping Japanese films see record box-office proceeds. (NHK)

Banks are engaged in an intense battle to attract deposits, pushing interest rates higher. While savings account holders may benefit from increased interest earnings, rising rates also mean heavier mortgage burdens and potential rent hikes.

Fuji TV held a press conference on January 27 at 4 p.m. to address allegations reported in the media that an employee was involved in a dispute between TV personality Nakai and a woman. Fuji TV explained that investigating Nakai at this stage might negatively impact the woman’s mental health and risk further harm if Nakai attempted to contact her.

Leaders of Fuji Television announced their resignations on Monday amid growing pressure on the Japanese broadcaster over a major scandal involving a TV personality. (NHK)

金融市場の世界では、取引の人気が高まっており、取引へのアクセスを提供するプラットフォームはトレーダーの成功に重要な役割を果たしている。

The world's two largest electric vehicle makers want to make bigger inroads into Japan's struggling EV market. America's Tesla and China's BYD both have plans to roll out new SUVs in April. (NHK)