TOKYO/OSAKA -- Big-spending Chinese tourists' loss of buying power in Japan is forcing stores best known for premium shopping to expand down-market to retain a key source of sales.
At the revamped watch section of Isetan Mitsukoshi Holdings' flagship Isetan Shinjuku department store in Tokyo, timepieces priced at 500,000 yen ($4,600) or more are now joined by ones costing a tenth of that.
