Consumers

Asahi Glass to reduce reliance on LCD TVs

TOKYO -- Hard hit by ever-falling prices, Asahi Glass will rethink its dependence on glass used in LCD televisions. The Japanese company intends to "review the earnings structure anchored by glass substrates for LCD TVs," President Kazuhiko Ishim...

  • Chinese mall operator to lure shoppers with theme parks

    DALIAN, China -- Commercial real estate developer Dalian Wanda Group plans to open theme parks aimed at children, looking to cultivate China's 220-million-strong juvenile market while drawing shoppers to its malls. The parks, to be called Wanda K...

  • Uny to purge Chinese-made food from private brand

    TOKYO -- Retailer Uny Group Holdings on Tuesday clarified plans to stop offering Chinese-made food under its private brand due to growing consumer anxiety over safety. Starting February 2015, the company will begin outsourcing 26 products, includ...

  • Yoshinoya to set up tavern space at more Tokyo beef bowl outlets

    TOKYO -- Customers of Yoshinoya Holdings' beef bowl restaurants will be able to sip beer and other alcoholic drinks at more locations after sales soared at test sites in Tokyo. The company currently serves draft beer and other alcoholic beverages...

  • Japanese department stores pulling in more foreigners: poll

    TOKYO -- About 40% of Japanese department stores drew more foreign customers and rang up more duty-free sales in fiscal 2013 on an influx of tourists from China and Southeast Asia. The Nikkei conducted a survey targeting 89 department store opera...

  • Japan's Gyu-Kaku barbecue chain to set up franchises in Taiwan

    TOKYO -- Colowide will expand its Gyu-Kaku chain of barbecue restaurants in Taiwan by franchising branches with a local partner. The Japanese restaurant operator has reached an agreement with Wu-Hu Group to introduce franchises in the southern re...

  • Classy cafes catch on in Cambodia

    PHNOM PENH -- More and more barista-brewed coffee is being served in Phnom Penh. Domestic player Brown Coffee and Bakery is steadily gaining support among young consumers, while foreign players are increasingly opening stores in the country to meet t...

  • Jewelry prices on the rise in Japan as precious metals surge

    TOKYO -- Japanese jewelry retailers are raising prices on rings and necklaces featuring diamonds and precious metals as they seek to better cope with rising materials costs amid tensions in the Middle East. Demand for jewelry has remained robust ...

  • Japan's Aeon to double stores that offer duty-free shopping

    TOKYO -- Japanese retail chain Aeon plans to double the number of stores that accept duty-free purchases by October, when new regulations will kick in expanding the list of goods foreigners can buy without paying the consumption tax. Aeon current...

  • Haier Asia adding smartphones to lineup

    OSAKA -- Haier Asia International, the Osaka-based subsidiary of Chinese consumer appliance giant Haier, plans to sell smartphones and other portable digital gadgets in Southeast Asia and possibly also Japan starting as early as this year. Chief ...

  • Harley-Davidson to launch 750cc bike for young urbanites

    TOKYO -- U.S. motorcycle maker Harley-Davidson is set to introduce a new model in Japan at the end of this year with a 750cc engine aimed at young urban riders, as its core customers gradually put away their biker boots. For years, the venerable ...

  • SKorea's YG Entertainment aims big overseas

    SEOUL -- The South Korean record label and talent agency YG Entertainment is looking to go global. Granted, it already makes half of its earnings outside of South Korea, but its new growth strategy plans to take this to the next level. The key to...

  • 'Yokai Watch' rivals Pokemon in Japan

    TOKYO -- Yokai Watch has become something of a social phenomenon in Japan. The franchise has a game, TV series and comic that has adults and children hooked. It has been dubbed Pokemon Part 2. The animated series is about a boy who possesses a wa...

  • Mos Burger expanding in S Korea as growth slows in Japan

    TOKYO -- Japanese hamburger chain operator Mos Food Services is adding more outlets in South Korea as part of its global expansion efforts. The burger chain's business is slowing in its home market due in part to Japan's shrinking population. The...

  • Italian gelato chain eats into Vietnamese ice cream market

    HANOI -- Ice cream is very popular in Vietnam, a country where the temperature shoots past 30 C almost every summer day. And an Italian gelato chain is getting in on this action to win over the taste buds of Vietnamese against competitors both domest...

  • H&M to bring upscale brand COS to Japan this fall

    TOKYO -- Swedish fast-fashion giant Hennes & Mauritz will launch COS, a high-end sister brand to its namesake H&M, in Japan as early as November, hoping to cash in on a growing trend among consumers here to spend more for quality clothing. Unlike...

  • Yodobashi Camera to open giant store in Tokyo's Shinjuku

    TOKYO -- Yodobashi Camera plans to open one of Japan's largest electronics and appliance stores by 2020 in Tokyo's Shinjuku, boasting a shopping space of roughly 40,000 sq. meters that will include a large area devoted to duty-free sales. The com...

  • Kanebo to try healing blemished brand with new skin care items

    TOKYO -- Aiming to restore its image after a faulty product injured thousands of customers, Kanebo Cosmetics will release in the fall its first skin care offerings since the scandal. The new line, under the Dew anti-aging brand, will hit drugstor...

  • Sony picks China as first market for curved 4K TVs

    BEIJING -- Sony said Thursday it is getting ready to market its first televisions with ultra-high 4K resolution and curved screens, and that China will be the first place where the curved TVs hit the shelves -- as early as September. Europe will ...

  • Yamada Denki jumping on cut-rate smartphone bandwagon

    TOKYO -- Following in the footsteps of other Japanese electronics volume retailers, Yamada Denki has begun to offer more affordable smartphone plans. The least expensive, 1-gigabyte monthly plan is just 3,047 yen ($29.41) including the cost of th...