Customers visit a GU store in Saitama, Japan. GU's locations are mostly in Japan. (Photo by Makoto Okada)
Retail

Uniqlo sister brand GU launches New York HQ in U.S. push

Japanese budget brand looks to expand beyond Asia toward goal of tripling revenue

17 September 2024
A Pizza Hut Wow worker slices a small pizza for one at a location in Shenzhen. (Photo by Wataru Suzuki)
Consumer

China's restaurants battle for solo diners, from pizza to hot pot

Shrinking households and economic jitters fuel demand for smaller servings

16 September 2024
Takashimaya aims to increase sales at Ho Chi Minh City store, making it second only to its Singapore branch, its main overseas outlet. (Photo by Moe Saito)
Retail

Japan's Takashimaya targets wealthy Vietnamese shoppers

Upscale department store eyes corporate customers in Ho Chi Minh City

16 September 2024
Momotaro Jeans has opened a new store in Kyoto.
Retail

Japanese premium jeans maker lures global fans with deep indigo

Momotaro Jeans seeks to more than double sales over 3 years

14 September 2024
Store associates check packaged meat on display at a Yonghui supermarket in Xi'an, China. (Photo by Kohei Fujimura)
Retail

Struggling Chinese supermarket borrows from tiny rival's playbook

Yonghui upgrades stores to replicate pioneer Pangdonglai's success

14 September 2024
Shein and Temu account for over 30% of shipments qualifying for de minimis exemptions from tariffs, according to a congressional report.
Retail

China's Shein and Temu face end to tariff-free imports into U.S.

White House to propose rules to limit 'loophole' for small shipments

14 September 2024
The 7-Eleven operator has been designated as particularly critical to Japanese security. (Photo by Yuji Murakami)
Retail

Japan's Seven & i now a 'core business,' with tighter investment rules

But addition to security list seen having little impact on Couche-Tard's buyout offer

14 September 2024
Chinese companies like Huawei are betting big on foldable displays.
Technology

China's foldable phone rush to boost local display makers

Top 3 players set to have over 50% of folding display market this year: report

13 September 2024
Japan's Seven & i’s logo is seen at its 7-Eleven convenience store in Tokyo on Aug. 19.
Opinion

Seven & i vs. Couche-Tard showdown will test Japan Inc.'s swagger

Bid underscores changes coursing through corporate Japan

12 September 2024
TFK, a subsidary of Singaporean airport services provider SATS, operates a kitchen near Narita International Airport in Chiba, Japan. (Photo by Tamayo Muto)
Food & Beverage

Singapore's SATS eyes India, China to double overseas food sales

Partnership with Japan's Mitsui helps caterer accelerate international shift

11 September 2024
Under pressure from investors, big landowners like hoteliers, railway operators and manufacturers are selling off real estate that is no longer central to their business.
The Big Story

Japan Inc.'s 25 trillion yen opportunity: Cashing in on real estate

Railway operator Seibu sets example by putting big Tokyo complex up for sale

11 September 2024
Lee Thiam Wah, founder of 99 Speed Mart Retail Holdings, speaks during a news conference on Sept. 9 as the company's shares made their public debut the same day. (Photo by Norman Goh)
IPO

Malaysian grocery chain eyes 3,000 stores after market debut

99 Speed Mart shares rise 14% in country's biggest IPO in 7 years

9 September 2024
Canadian convenience store operator Alimentation Couche-Tard said in a press release dated Sept. 8 that it will continue efforts to buy 7-Eleven despite its objections. (Photo by Yoshiyuki Tamai)
Business deals

Couche-Tard demands talks on 7-Eleven owner buyout despite rejection

Canadian company 'disappointed' in Seven & i refusal to engage

9 September 2024
Large crowds on opening day lifted sales at the new store to a one-day company record. (Miniso)
Retail

China retailer Miniso opens its biggest store in Jakarta

New Indonesia location sets one-day sales record for growing chain

7 September 2024
Japan's Seven & i Holdings has told Alimentation Couche-Tard that the Canadian company's proposed takeover is "opportunistically timed and grossly undervalues our standalone path and the additional actionable avenues." (Photo by Yoshiyuki Tamai)
Business deals

7-Eleven owner says bid by Couche-Tard undervalues its potential

Seven & i discloses letter responding to Canadian peer's takeover proposal

6 September 2024
Incoming Alimentation Couche-Tard CEO Alex Miller argued that buying 7-Eleven operator Seven & i holdings would "deliver a compelling outcome" for shareholders and employees.
Business deals

7-Eleven suitor Couche-Tard 'confident' in financing of buyout

CEO says Canadian company has leeway for 'higher leverage' if needed

6 September 2024
Though U.S.-China tensions have cast a shadow over international trade, Alibaba.com's American business is growing fast, the company says.
China tech

Alibaba accelerates U.S. push with AI sourcing tool

Chinese e-commerce giant eyes more overseas expansion as supply chains diversify

6 September 2024
Seven & i Holdings wants Canadian convenience store giant Alimentation Couche-Tard to reconsider its takeover offer. 
Business deals

7-Eleven owner to tell Couche-Tard $40bn buyout offer too low

Japanese company will send letter as early as Friday, source says

5 September 2024
IKEA's China subsidiary plans to invest 270 million yuan a year in development and sales of low-priced products.
Retail

IKEA to launch 500 new low-priced products in China over next year

Young consumers tighten purse strings as the economy struggles

4 September 2024
Beijing's antitrust actions have eroded some of the "walled gardens" in China's e-commerce industry. (Photo by Suzu Takahashi)
Retail

Alibaba to let rival Tencent's payment app into its 'walled garden'

Taobao and Tmall sellers will be able to accept WeChat Pay

4 September 2024
Marriage of convenience? Canada's Alimentation Couche-Tard has made an ambitious, preliminary takeover approach for the Japanese company that owns 7-Eleven. (Photos by Reuters and Yuji Murakami)
Business Spotlight

With 7-Eleven on buyout menu, Japanese owner Seven & i reaches crossroads

Couche-Tard targets food business, U.S. market; regulatory, antitrust issues weigh

30 August 2024
ASICS has supplied shoes and gloves to Major League Baseball star Shohei Ohtani.
Sports

ASICS to end sales of baseball gloves and bats in shift to running shoes

Once partner to Ichiro and Shohei Ohtani calls time on low-margin, Japan-focused goods

30 August 2024
Mercari's website in traditional Chinese characters enables Taiwanese shoppers to browse for items and make purchases. (Mercari)
Retail

Japan's Mercari app expands crossborder shipping to Taiwan

Move comes as China's Temu, Shein lead direct-to-consumer business

29 August 2024
Customers look at the Australian release of the latest iPhone and Apple Watch models at the Apple Store on September 22, 2023 in Sydney, Australia. 
Technology

Apple orders over 10% more iPhones than last year on AI bet

Company preparing for Sept. 9 launch of first phones with Apple Intelligence

29 August 2024