Content about Tokyo

May 10, 2013

Starbucks Coffee Company’s CEO Howard Schultz celebrated the opening of the new Starbucks Meguro store in Tokyo.

Tokyo -- Starbucks Coffee Company’s CEO Howard Schultz on Friday celebrated the opening of the new Starbucks Meguro store in Tokyo. The store, whose experience was inspired by the traditional Japanese ‘Ichi-go ichi-e’ service spirit (literal translation: one time, one meeting), is located is the same building as the new Starbucks Coffee Japan Support Center.

October 25, 2012

Uniqlo’s Mall Play

Uniqlo has made its first move in an ambitious plan to become a major presence in shopping malls throughout the nation. The company, Japan’s largest retailer and a division of Fast Retailing Co., has jump-started its U.S. expansion with the opening of a 43,000-sq.-ft. store in Westfield Garden State Plaza, Paramus, N.J.

October 23, 2012

Kate Spade New York announces new brand, new store

Kate Spade New York said it is unveiling a new apparel and accessories brand, Kate Spade Saturday, which will officially launch in Japan in February 2013 through e-commerce at Saturday.jp and a flagship store in Tokyo.

New York -- Kate Spade New York said Tuesday it is unveiling a new apparel and accessories brand, Kate Spade Saturday, which will officially launch in Japan in February 2013 through e-commerce at Saturday.jp and a flagship store in Tokyo.

The company said the brand, which is based on the spirit of Saturday seven days a week, is expected to launch exclusively online at www.saturday.com in the U.S. in spring 2013. A selection of product from the spring 2013 launch collection will be sold on fab.com prior to the U.S. launch.

October 12, 2011

Uniqlo parent reports full-year profit drop

Fast Retailing Co., parent to the Uniqlo chain of stores, reported Wednesday that profit for the full year fell 12% to $709.2 million.

Tokyo -- Fast Retailing Co., parent to the Uniqlo chain of stores, reported Wednesday that profit for the full year fell 12% to $709.2 million. The company blamed the performance decline on bad weather, but said it will accelerate store openings overseas, which will compensate for the decline.

August 31, 2011

Tesco pulls out of Japanese market

Grocery giant Tesco PLC said Wednesday it is pulling out of Japan, which means shuttering 129 small, leasehold-owned stores in the Greater Tokyo area, which employ 4,000 people.

London -- Grocery giant Tesco PLC said Wednesday it is pulling out of Japan, which means shuttering 129 small, leasehold-owned stores in the Greater Tokyo area, which employ 4,000 people. The country is the smallest of Tesco’s international retail businesses, and the weakest for sales growth in the 2010-2011 fiscal year.

“Having made considerable efforts in Japan, we have concluded that we cannot build a sufficiently scalable business,” said Philip Clarke, CEO.

June 21, 2011

Wal-Mart’s Japan chief resigns unexpectedly

A Monday report by the Financial Times said that Walmart’s chief executive in Japan has resigned suddenly, just over a year after he assumed the position.

Tokyo -- A Monday report by the Financial Times said that Walmart’s chief executive in Japan has resigned suddenly, just over a year after he assumed the position.

Toru Noda became CEO of Walmart Japan and Seiyu, its Japanese supermarket chain, in February 2010. He has cited personal reasons for the unexpected departure.

Noda will be replaced by Steve Dacus, former COO of both Walmart Japan and Seiyu.

April 1, 2011

Chain retailers: Push on following Japan crises, serving community & making a difference

By Eric White, Wren Solutions

By Eric White, eric.white@wrensolutions.com

December 21, 2010

American Eagle Outfitters to open stores in Japan

American Eagle Outfitters on Tuesday detailed its plans to open Eagle Outfitters and Aerie by American Eagle stores in Japan, in partnership with Sumikin Bussan Corporation. The first store is slated to open in Tokyo’s legendary Harajuku shopping district in the first half of 2012.

Pittsburgh - American Eagle Outfitters on Tuesday detailed its plans to open Eagle Outfitters and Aerie by American Eagle stores in Japan, in partnership with Sumikin Bussan Corporation. The first store is slated to open in Tokyo’s legendary Harajuku shopping district in the first half of 2012.

AEO has signed an exclusive franchise agreement with Sumikin, a leading marketer, importer and exporter with extensive experience in the fashion industry.

November 30, 2010

Report: Wal-Mart in Japan insider trading probe

A report released Tuesday said that Japanese prosecutors will launch an investigation into possible insider trading involving shares of Wal-Mart's Japanese subsidiary Seiyu.

Tokyo - A report released Tuesday said that Japanese prosecutors will launch an investigation into possible insider trading involving shares of Wal-Mart's Japanese subsidiary Seiyu.

According to Reuters, which cited the Nikkei business daily website, the trading is suspected to have occurred when Wal-Mart turned Seiyu into a fully owned unit in 2007.

In early November, Japan's Securities and Exchange Surveillance Commission began an investigation into possible insider trading. Wal-Mart has said it would cooperate with authorities.

November 4, 2010

Wal-Mart cooperating with Japanese investigation on trading probe

Wal-Mart Stores said it is cooperating with an investigation by Japanese authorities amid reports of...

August 28, 2008

H&M Eyes Japanese Expansion

H&M Hennes & Mauritz AB has plans to expand in Japan, according to a Thomas...

August 28, 2008

H&M Eyes Japanese Expansion

H&M Hennes & Mauritz AB has plans to expand in Japan, according to a Thomas...

March 17, 2008

Wal-Mart to Make Seiyu Wholly Owned

Wal-Mart Stores announced Tuesday it will make Seiyu Ltd. a wholly owned unit. The world’s...