Japan and China are Fast Retailing's two main markets, accounting for around 75% of revenue, according to QUICK-FactSet. (Photo by Ken Kobayashi)
Retail

Uniqlo reboots aggressive expansion, seeing a return to normality

China lockdowns, Ukraine war, rising costs could make it hard to keep prices low

14 April 2022
The planned listing could make Seijo Ishii the second-largest supermarket operator on the bourse. (Photo by Kaisuke Ota)
Retail

Japan high-end supermarket operator Seijo Ishii to go public

Lawson unit to earmark funds for marketing, acquisitions and shareholder returns

12 April 2022
A Seven & i Holdings shopping mall. The retailer has faced pressure from shareholder ValueAct Capital to unload struggling operations. (Photo by Kosuke Imamura)
Companies

Japan's Seven & i says department store unit on chopping block

7-Eleven parent's operating profit up 6% on Speedway acquisition

8 April 2022
Richard Liu will turn his focus to long-term strategy and mentor younger managers as well as guide an initiative to revitalize rural areas. 
Retail

JD.com founder Richard Liu hands over CEO role

Transition to President Xu Lei comes as company cuts staff amid losses

7 April 2022
An Under Armour store in Tokyo. The brand has about 30 directly run shops in Japan.
Business deals

Under Armour's Japan distributor to be bought by Itochu

Japanese trading house continues push in sportswear market

4 April 2022
A 7-Eleven in Manila promotes beverage cups for the May presidential election. (Photo by Yuichi Shiga)
Retail

Philippine 7-Elevens hold mock presidential vote

Promotion aims to draw consumers in cutthroat retail environment

31 March 2022
China's Duo Duo Grocery, the online grocery app of e-commerce platform Pinduoduo, and its rivals are fighting for a share of a market that helps communities buy groceries and other daily essentials in bulk.
Caixin

In depth: The shakeout in China's community group-buying market

Sector's boom has been shorter than many expected

30 March 2022
Seven & i holdings, operator of the 7-Eleven convenience store chain, plans to bring in a majority of outside directors, hoping to gain expertise as it expands the business abroad.
Retail

7-Eleven parent to make majority of board members independent

Only 6% of Japanese listed companies have most directors from outside

28 March 2022
The war in Ukraine is causing supply chain turmoil and threatening demand for the consumer electronics industry. 
Supply Chain

Apple to cut iPhone, AirPods output amid Ukraine war uncertainty

Lower orders to suppliers are early sign of pressure on tech industry

28 March 2022
Warungs like this account for 60% to 70% of the retail market in Indonesia. (Photo by Koya Jibiki)
Retail

Indonesia's small shops attract big interests amid digital wave

Mitsui & Co. and others push DX in country's largest retail segment

27 March 2022
FujiMart Store No. 3 in Vietnam carries thousands of items, including fresh foods and daily necessities. (Photo courtesy of Sumitomo Corp.)
Retail

Vietnam developer and Sumitomo step up supermarket openings

Joint venture to launch about 50 stores by 2028 as shopping habits change

26 March 2022
According to Deloitte, 21% of Thai consumers would like at least part of their next vehicle purchase to be done online. (Screenshot from  CAR24, Carro, and Carsome webstite)
Automobiles

Thai used-car market heats up as foreign startups jump in

Online dealers hope to attract more consumers amid rising demand

17 March 2022
Watsons put its brand on its Russian stores in 2018, 13 years after buying local health and beauty chain Spektr. 
Ukraine war

Li Ka-shing's Watsons drugstore chain pulling out of Russia

Group says decision made in January over 'unsatisfactory performance'

16 March 2022
Tadashi Yanai, 73, is Japan's richest man, with a family fortune estimated at $26 billion. (Source photos by Kotaro Igarashi and AP) 
Retail

Uniqlo boss steers course through geopolitical controversies

Tadashi Yanai's Russia U-turn underlines reputational risks facing retailers

11 March 2022
A JD.com advertisement in Beijing features freestyle skier Eileen Gu.
Retail

JD.com posts 1st annual loss since 2018 as new businesses bleed cash

Shares drop as much as 18% after latest results from Alibaba rival

11 March 2022
Customers shop at Moscow's first Uniqlo store after its opening in April 2010.
Ukraine war

Uniqlo suspends Russia business, reversing earlier decision

Japan retailer cites operational challenges and worsening conflict

10 March 2022
Sushi restaurants are reviewing their menus as ingredients grow scarce and prices rise. (Photo by Uichiro Kasai) 
Food & Beverage

Japan sushi shops face seafood cost hike as Russia sanctions bite

'Scramble for crab' begins after airspace closed to Russian exports

9 March 2022
Suning rapidly broadened the scope of its operations with acquisitions, including the Chinese supermarket business of France's Carrefour Group. (Photo courtesy of Suning Group)
Retail

Suning to sell consumer finance unit for $58m in restructuring

Chinese group refocuses on core retail portfolio after expansion hits earnings

9 March 2022
Uniqlo does not plan to shut its 50 locations in Russia for now. 
Ukraine war

Uniqlo to continue selling clothes in Russia

'Clothing is a necessity,' says Yanai, CEO of parent Fast Retailing

8 March 2022
The UNHCR says 4 million Ukrainians could flee their war-torn country in the coming weeks and months. (Source photos by Reuters, Shihoko Nakaoka and Kyodo)
Ukraine war

Japan Inc. steps up fast to offer support to Ukraine refugees

Don Quijote to care for 100 displaced households; Uniqlo and Rakuten join effort

5 March 2022
Coupang maintains a large network of distribution centers to fulfill orders within 24 hours.
Retail

Coupang posts record loss as expanding rapid delivery network

South Korea's e-tailer faces further burden by soaring logistics costs

4 March 2022
Uber Eats has been expanding its offerings in Japan beyond restaurants by listing products from retailers like convenience store chain Lawson and supermarket chain Seiyu. (Photo by Kosaku Mimura)
Technology

Uber to expand 'dark stores' in Japan, becoming retailer

Meal delivery arm to increase physical footprint for fast online groceries

2 March 2022
Alibaba's sales suffer as it faces regulatory crackdown and intensifying competition.
China tech

Alibaba Group reports slowest-ever quarterly revenue growth

Profits plunge as e-commerce giant faces crackdown, heated competition

25 February 2022
 (Photo courtesy of Central Pattana)
Retail

Thailand's mall giant kicks off $3.7bn building spree

Central Pattana plans hotel, office and housing complexes under 5-year plan

23 February 2022
Screenshot of JAL official mini-channel "JAL Youxuan." (Photo courtesy of JAL)
Transportation

JAL helps Japan firms sell specialties to Chinese consumers

Cross-border e-commerce service via WeChat part of effort to revitalize regions

21 February 2022