ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter
Business trends

Cracks emerge in Japan's brick-and-mortar economy

Population decline hits even big chains like Uniqlo, Nikkei analysis shows

TOKYO -- Retailers and restaurants in Japan are shrinking their chains as a combination of e-commerce and population decline forces changes to business models that had relied on constant new openings to drive earnings growth.

The country now has just under 118,000 retail and restaurant locations, down 1% from the total at the end of 2018, a Nikkei analysis based on trade group data finds.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more