Duty-free sales at Japan’s leading department store operators fell sharply in December, highlighting how prolonged geopolitical tensions with China are weighing on the retail sector. https://www.japantimes.co.jp/business/2026/01/05/companies/japan-duty-free-sales-down/?utm_medium=Social&utm_source=mastodon #business #companies #tourism #departmentstores #dutyfree #shopping #china #chinajapanrelations #japaneseeconomy
Major department stores in Japan launched their New Year's sales on Friday, offering varieties of "lucky bag" product packages to stimulate buying interest despite tepid excitement from consumers amid inflation. https://www.japantimes.co.jp/business/2026/01/02/new-year-sales-department-stores/?utm_medium=Social&utm_source=mastodon #business #departmentstores
Japanese department stores will sell New Year’s lucky bags with a variety of horse-themed items and opportunities, as consumers are increasingly prioritizing experiences over goods. https://www.japantimes.co.jp/business/2025/11/10/companies/japan-new-year-lucky-bags-sale/?utm_medium=Social&utm_source=mastodon #business #companies #departmentstores #retailers #animals #horses
Sogo & Seibu will soon open its renovated department store basement, where foodstuffs are usually sold, on the first basement floor at the Japanese department store chain's flagship store in Tokyo's Ikebukuro district. https://www.japantimes.co.jp/business/2025/09/16/companies/seibu-ikebukuro-food-floor/?utm_medium=Social&utm_source=mastodon #business #companies #sogoseibu #ikebukuro #departmentstores #food #seibuikebukuro
Once the darling of Japanese stock investors, department stores have lagged the recent broad market rally and could fall further behind as a strong yen dents tourist spending power. https://www.japantimes.co.jp/business/2025/07/03/economy/department-stores-shares-lag/?utm_medium=Social&utm_source=mastodon #business #economy #departmentstores #japaneseeconomy #tourism #shopping #retailers #shopping #earthquakes #taxes
Sales of tax-free items at department stores in Japan are tumbling as a greater variety of foreign tourists means changing priorities when shopping. https://www.japantimes.co.jp/business/2025/06/27/companies/department-store-sales-tourists/?utm_medium=Social&utm_source=mastodon #business #companies #departmentstores #retailers #tourism #consumptiontax