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4 Major Japanese Dept. Stores Enjoy Sales Growth in Dec.

  • Category:Shopping
JAPAN NEWS
 
Four major Japanese department store operators Wednesday reported same-store sales growth in December 2022, citing robust demand for Christmas cakes and gifts and active spending by visitors from abroad.
J. Front Retailing Co. saw sales expand 9.5 pct from a year before at its direct...

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Oma Tuna Fetches ¥36.04 Mil. At New Year’s Auction In Tokyo

  • Category:Shopping
JAPAN NEWS
 
A 212-kilogram bluefin tuna caught off Oma, Aomori Prefecture, sold for ¥36.04 million in the first auction of the year at the Toyosu seafood market in Tokyo on Thursday.
The bid was significantly higher than the top price paid in 2021 or 2022, when demand for tuna in the food servic...

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Customers Return To Department Stores In Droves For New Year’s Sales

  • Category:Shopping
JAPAN NEWS
 
With freedom of movement no longer restricted due to COVID-19, department stores were as busy as in pre-pandemic years when their annual New Year’s sales started Monday, packed with people shopping for fukubukuro lucky bags and other items.
About 2,500 people lined up in front of Mat...

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Prices Set To Rise In Japan For Over 7,000 Food Items On Cost Hike

  • Category:Shopping
JAPAN TODAY
 
Food prices will continue to surge in Japan in the first four months of 2023, with those of more than 7,000 items set to climb on the back of rising logistics and personnel, as well as high material costs, according to a recent survey by the credit research company.
Prices for a tot...

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Japan Consumer Inflation At 31-Year High

  • Category:Shopping
NHK
 
Japanese consumers are feeling the pinch as prices continue to rise. The internal affairs ministry said on Friday that the consumer price index, excluding fresh food, climbed 3 percent in September from a year earlier.
Japan has not seen that level of increase since August 1991, except for ...

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Forever 21 Is Returning To Japan, Trying To Avoid Repeating Same Mistake As Last Time

  • Category:Shopping
JAPAN TODAY
 
American fashion brand Forever 21 opened its first store in Japan in 2009, and its mix of stylish designs and affordable prices quickly won it a large number of fans.
In time, though, excitement for the brand faded, and the last Forever 21 Japan store in Japan closed in 2019, (thoug...

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Japan July Core Consumer Prices Up 2.4%; Biggest Rise In 7.5 Years

  • Category:Shopping
JAPAN TODAY
 
Core consumer prices in Japan rose 2.4 percent in July from a year earlier, marking the sharpest increase in about seven and half years amid surging material and energy prices, government data showed Friday.
The nationwide core consumer price index, excluding volatile fresh food ite...

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Prices Set To Rise In Japan For Over 10,000 Food Items On Weak Yen

  • Category:Shopping
JAPAN TODAY
 
Food prices will continue to surge in Japan for the latter half of 2022, with more than 10,000 items set to rise in price from August onward as import costs of materials become more expensive due to a weaker yen, according to a survey by a credit research company.
The Teikoku Databa...

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Restaurants, Food Companies Try To Hold Prices Steady Even As Costs Rise

  • Category:Shopping
JAPAN NEWS
 
In the midst of a rush to hike prices as the costs of raw materials and transportation soar, some restaurant chains and food manufacturers are trying to maintain or even lower the prices of their products, in the hope of expanding the number of stores and increasing sales by giving c...

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Japanese Consumers Face More Price Hikes This Summer

  • Category:Shopping
NHK
 
A private survey has found that food and drink manufacturers in Japan have raised prices or plan to increase them for over 8,000 items due to higher raw material costs.
Credit research firm Teikoku Databank surveyed 105 major producers in the industry this month. It shows about 60 percent o...

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