The first strike in sixty years destroys a renowned Japanese department store.

One of Japan's most renowned department stores shuttered its doors on Thursday in the sector's first strike in six decades, prompted by fears that its proposed new U.S. owner will eliminate employment.

The Seibu in Tokyo's Ikebukuro district attracts approximately 70 million...

The wholesale price of eggs has 'collapsed.' Why customers may soon be able to breathe easier

In recent weeks, wholesale egg prices have declined from record highs, signalling that customers may soon get some relief at the grocery store. However, the mechanics of egg pricing from the wholesale to retail market, among other factors, render this improbable in the short term. According to Ur...

The Galleries Lafayette, a famous Parisian department store, is expanding to India's megacities of Mumbai and Delhi

Have you ever visited the Galleries Lafayette in Paris, a store that deserves a place on every traveller’s "must visit" list? We have, and whether or not you plan on doing any shopping, a trip there is a necessity. This 125-year-old, high-end department store can be found on Boule...

The Best 50 Fashion Retailers, Online Stores, and Labels in Germany

Germany is a major market for the fashion industry. Statistics from Statista place it among the world's top five economies serving the niche market of women's clothes. In 2020, women's apparel will generate $39.655 billion in sales. It is predicted that the market will expand by 3.5% ...

Store in Tokyo gets high marks for turning away Halloween costumers

Some might say it's too huge, but Japan's largest Halloween party is held at Shibuya, Tokyo's renowned scramble crossing. An enormous street party takes over the famous crossing every year, with revelers in costumes spilling out into the neighborhood. Many people attend in good fun, b...

Reduction in Monthly Facebook Usage by 25% in South Korea

According to the analysis done it states that there is a decline of over 25% in the monthly Facebook usage in South Korea from the previous two years.

According to the survey done by Mobile index local Data Tracker they stated that There is a decrease in South Korea MAU Facebook users. ...

Researchers use plant roots as energy storage devices

In the search of new ways to store energy, researchers have stumbled upon a readily available energy source which is more sustainable. After hydro and coal now there has been a hunt for new energy source.

Highlights

• Plants conduct electricity...

FIRST UNMANNED ELECTRONICS STORE OPENS IN JAPAN

HIGHLIGHTS

• The first unmanned electronics store in Japan has opened in Tokyo.
• The new store called GO12 is completely unmanned.
• In Tokyo, GO12 is located in the Kamata neighborhood.
• GO12 will soon have a security system to preven...

NO NEED TO WEAR MASKS AT APPLE STORES & OFFICES FROM NEXT WEEK IF YOU ARE VACCINATED

Highlights

• According to Bloomberg, the smartphone and computer maker told its employees not to ask customers for verification of vaccination

• In a memo sent to its corporate employees, Apple said the requisite of face coverings will also be dropped at some of Appl...

AMUSEMENT PARKS, DEPT. STORES, CINEMAS REOPEN IN TOKYO, OSAKA

Highlights –

• Amusement parks, dept. stores, cinemas reopen in Tokyo, Osaka.
• Coronavirus restrictions on some businesses were partially eased.
• Dept. stores are now permitted to operate fully on weekdays with shortened business hours.

BATTLEGROUNDS MOBILE INDIA IS A FREE-TO-PLAY GAME

HIGHLIGHTS

• PUBG Mobile is back in India as Battlegrounds Mobile India.
• Battlegrounds Mobile India is now a free-to-play game.
• Krafton has developed this game.
• Gameplay of Battlegrounds Mobile India will be similar to that of PUBG...

JAPAN’S SUPERMARKET SALES ROSE 6.0% IN APRIL

Highlights –

• Japan’s supermarket sales rose 6.0% in April.
• Strong demand for clothing, with sales jumping 74.3% led to rise in supermarket sales.
• Overall sales of 11,804 supermarkets totaled 1.08 trillion yen.
• Sales o...

JAPAN RECORDS AN INCREASE IN CONVENIENCE STORE SALES BY 6.6% IN APRIL

Highlights –

• Japan records an increase in convenience store sales by 6.6% in April.
• Same-store sales of seven major convenience store operators totaled 842.50 billion yen.
• Average spending per customer fell by 1.1 percent to 682.10 ye...

JAPAN’S SUPERMARKET SALES IN FY 2020 ROSE 0.7 PERCENT

Highlights –

• Japan’s supermarket sales in FY 2020 rose 0.7 percent.
• Sales on an all-store basis at 11,789 stores operated by 56 companies totaled $119.40 billion.
• Food sales increased 4.0 percent on a same-store basis.

APPLE INC. CRITICIZED BY U.S.SENATORS FOR NOT TESTIFYING ON ANTI-TRUST ISSUES

Highlights

• Tech giant Apple Inc is refusing to testify at an hearing on competition issues regarding the mobile app stores

• As per a statement given by senators Amy Klobuchar, a Democrat, and Mike Lee, a Republican, they had written to Tim Cook, Chief Executive of...

AMAZON ACQUIRES PERPULE

HIGHLIGHTS

• Amazon has acquired Indian startup Perpule that is helps offline stores go online.
• Amazon is trying to increase its presence in India as majority sales in India still happen in physical stores.

Amazon has acquired Indian s...

INDIAN RETAILERS WANT STORE EXPANSION? AMID REVIVAL

HIGHLIGHTS

• After the lockdown caused by coronavirus pandemic, Indian economy is slowly moving towards revival.
• Indian retailers are moving towards store expansion.

Big retailers who operate in an organized manners are resuming their ...

AMAZON INC. TO OPEN A CASHIERLESS CONVENIENCE STORE OUTSIDE US

Highlights

• According to the company, it will open a Amazon Fresh-branded store with an area of 2,500-sq ft I’m London on Thursday

• The Seattle-based company said these stores represent the retail and technology giant's biggest efforts towards reshaping p...

S. KOREA’S APP MARKET ONE STORE GAINS POPULARITY

Highlights –

• S. Korea’s app market ONE store gains popularity.
• The app store is said to be an alternative to Google’s Play store.
• The app market is a subsidiary of wireless carrier SK Telecom Co.
• Google’s ...

JAPAN CHAIN STORES ASSOCIATION REPORTS RISE IN SUPERMARKET SALES IN 2020

Highlights –

• Japan Chain Stores Association reports a rise in Supermarket sales in 2020.
• Newly opened supermarket sales, operated by 56 companies totaled $123.34 billion.
• Food sales on a same-store basis climbed 4.7 percent in 2020.