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Coronavirus

As Chinese stay home, Japan department stores face double-digit drops

Isetan, Takashimaya and retailers miss out on New Year bonanza

A tourist in a mask in a Tokyo store: Many big Japanese retailers offer foreign visitors the option of buying merchandise tax-free.

TOKYO -- Japan's big retailers are reporting a heavy hit to sales over the Lunar New Year holidays as the new coronavirus slows the flow of big-spending tourists from China.

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