The reusable containers, which replace cardboard boxes, can be displayed as they are and reduce restocking time by 20%. (Photo courtesy of Kao)
Retail

Costco Japan teams with Kao on shipping crates that double as displays

Store chain and household goods maker fight labor shortage, reduce waste

19 September 2023
Online shop Boo's Snack Mix enjoyed a surge in sales after going viral on TikTok. (Photo by Ryotaro Yamada)
Retail

TikTok moves onto Amazon's turf with online shopping push

Vendors tap into short-video platform's viral potential to boost sales

19 September 2023
HIgh-rise buildings in the northeastern Chinese city of Tianjin: New home prices dropped more Chinese cities in August. 
Economy

China home prices drop in more cities in August, extending slump

Industrial and retail data improved, but official says still facing 'difficulties'

15 September 2023
Amazon's first Japanese sortation center in Tokyo is designed to streamline distribution and cut the number of trucks needed. (Photo by Nikkei)
Transportation

Amazon opens first sortation center in Japan, boosting efficiency

Fewer vehicles needed as site relays items from fulfillment to delivery stations

14 September 2023
TikTok hopes to ease concerns about its Chinese parent company by stressing data security.
Retail

TikTok taps into 150m users with debut of U.S. online shopping

Parent ByteDance envisions new revenue from livestream and targeted products

14 September 2023
Japan has lagged behind other countries in Europe and Asia in imposing taxes on consumer goods imported by individuals. 
Datawatch

Surging e-commerce imports threaten Japan's retail sector

Parcel deliveries of cross-border merchandise jumped 2.4 times over three years

9 September 2023
At Luckin Coffee, a new product that combines coffee with Moutai baijiu liquor sold more than 5.42 million cups on the first day. (Photo from Luckin Coffee's Weibo account)
6 September 2023
Sogo & Seibu will spend about 40 billion yen on renovating its flagship Ikebukuro department store. (Photo by Yukihiro Omoto)
Retail

Fortress to invest $40m in renovations for Sogo & Seibu outlets

Japan department store operator will improve flagship location; no layoffs planned

5 September 2023
Tsuruha Holdings, Japan's second largest drugstore chain, is facing pressure from activist investor Oasis Management. (Photo by Keigo Yoshida)
Opinion

Activist investors cannot force Japanese mergers with ideas alone

Shareholder rejection shows limitations of Oasis Management's strategy

5 September 2023
Gome Retail is stepping up store closings, with plans to retain about 300 directly run mainstay locations.
Retail

Chinese retailers speed up closings as online shopping takes hold

Consumers sticking to habit acquired in pandemic lockdowns

4 September 2023
The Sogo & Seibu sale allows Seven & i Holdings to shed its unprofitable department store business. (Photo by Yukihiro Omoto)
Business deals

Seven & i sells department stores to Fortress for estimated $600,000

Debts, capital adjustments squeeze transfer price for Sogo & Seibu

2 September 2023
The flagship Seibu department store in Ikebukuro sits on prime real estate in central Tokyo. (Photo by Tomoki Mera)
Business deals

Fortress to sell Sogo & Seibu assets to Japan retailer for $2bn

Electronics seller Yodobashi eyes role in reviving department store operator

1 September 2023
Seibu's flagship department store in Tokyo remains shuttered past the 10:00 a.m. opening time on Aug. 31 due to a strike. (Photo by Kento Awashima)
Business deals

Japan's Seven & i decides to sell its department stores on Sept. 1

Retail giant to offload Sogo & Seibu subsidiary to U.S. investment fund

31 August 2023
Don Don Donki has made its mark on Asia's retail sector with cheap products imported straight from Japan. (Photo by Ryo Asayama)
Retail

Don Quijote spearheads Japan's discount store boom in Asia

Aeon and Kobe Bussan also look to expand in region

31 August 2023
Workers at Seibu's flagship location in Ikebukuro will strike on Aug. 31 -- a first for a Japanese department store in around 60 years. (Photo by Yukihiro Omoto)
Retail

Seven & i to protect Japan department store's jobs after buyout

Retail group to waive over $600m in Sogo & Seibu's debt to help post-sale restructuring

31 August 2023
The main Seibu Ikebukuro department store in Tokyo will be closed on Aug. 31 due to a strike. (Photo by Mizuho Miyazaki)
Retail

Sogo & Seibu to close Tokyo department store due to strike on Thursday

Labor union takes action after parent Seven & i decides to go ahead with sale

30 August 2023
Workman plans to expand its domestic network for the #Workman Girl brand from about 40 stores at present to 400 locations in 10 years.(Photo courtesy of the company)
Retail

Japan's Workman to debut overseas with Taiwan store in 2027

Casual clothing chain to gauge interest of foreign tourists with Okinawa flagship

30 August 2023
Shein has moved its headquarters to Singapore but manufactures most of its products in China.
Retail

U.S. states ask SEC to ensure Shein complies with forced labor rules

Move adds pressure on retailer as China hawks in Congress target Chinese firms

30 August 2023
The retail price of gold in Japan continues to reach new highs, hitting $68.31 per gram on Tuesday in Tokyo.
Commodities

Japan's retail gold prices top 10,000 yen per gram for 1st time

Steep depreciation of yen pushes up domestic prices for precious metal

29 August 2023
Daisuke Tsukagoshi, left, will take over as Uniqlo president for Tadashi Yanai, who leads parent Fast Retailing. (Photos by Uniqlo, Suzu Takahashi)
Companies

Uniqlo taps global operations chief as president in overseas push

Fast Retailing boss Yanai looks to Tsukagoshi, who helped brand turn U.S. profit

29 August 2023
Reliance Industries Chairman Mukesh Ambani has been grooming his three children including Isha Ambani, left, and Akash Ambani, for leadership roles at his oil-to-telecom conglomerate. 
Companies

India's Reliance Industries names Mukesh Ambani's 3 children to board

Country's richest man aims to ensure smooth succession at conglomerate

28 August 2023
The old and the new: Thailand's Central Group aims to take its convenience stores to the next level after rebranding FamilyMart. (Source photos by Kenya Akama)
Retail

Thailand's Central Group goes own way after FamilyMart exit

Top retailer seeks fresh start with Tops Daily convenience stores

28 August 2023
The flagship Seibu store in Tokyo's Ikebukuro Station may be affected by a proposed strike. (Photo by Makoto Okada)
Retail

Japan department store braces for rare strike as U.S. buyout nears

Union warning to raise pressure over sale of Sogo & Seibu to Fortress Investment Group

27 August 2023
Buyee parent Beenos has acquired a 14.9% stake in Delivered Korea. (Photo by Masaharu Ban)
Consumer

Japan's Buyee offers BTS, K-pop goods via Korean e-tail deal

Partnership with Delivered Korea takes aim at U.S., Chinese e-commerce rivals

25 August 2023
Reliance Retail runs the country's largest network of brick-and-mortar stores, with 18,000 sites selling everything from groceries to fashion and electronics.
Retail

India's Reliance Retail raises $1bn from Qatar sovereign fund

At $100bn, Ambani's venture doubles value in 3 years as competition grows

23 August 2023