Market Report, "Retailing in Japan", Published
With a difficult economic situation in Japan, consumer expenditure remained modest and retail sales continued to be flat in 2012. Traditional grocery retailers continued to exit the market, as competition intensifies. Modern grocery retailers continued to launch private label products to appeal to affordability. Department stores continued to lose sales to other channels as disposable incomes have not fully recovered to pre-Lehman Brothers collapse levels and consumers looked for discounts when...
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