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Amid a nationwide trend of retail closures, Japan s department store sector has achieved record profits, particularly bolstered by the influx of foreign tourists, fueled by a favorable exchange rate. ....
Amid a nationwide trend of retail closures, Japan s department store sector has achieved record profits, particularly bolstered by the influx of foreign tourists, fueled by a favorable exchange rate. ....
Since 2008, about a third of department stores in Japan have closed down, with Ichibata in Shimane the latest to shut its doors, leaving four prefectures in Japan without any department stores at all. ....