Market Report, "Furniture and Homewares Stores in Japan", Published
Value sales of furniture and homewares stores increased by 1% in 2012. After the Tohoku earthquake in March 2011, the housing market witnessed a gradual recovery. According to the Ministry of Land, Infrastructure, Transport and Tourism, the number of newly built homes grew by 3% in 2011, creating additional demand for furniture and homewares. The government-funded housing programme Eco-point also contributed to this trend. Eco-point is a scheme whereby consumers were awarded points and...
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