Japan Retail News - Inside consuming Japan - Trends, Products, People, Tech - Market Entry Japan
  • Japan Retail News - Home
  • Japan's Retail Market
    • Japan Business Links
    • JapanTV ads (CM) >
      • JapanTVads-Food
      • JapanTVads-Refresh
      • JapanTVads-Beauty
      • JapanTVads-Fashion
      • JapanTVads-HighTech
      • JapanTVads-Cars
      • JapanTVads-Service
  • Japan Market Reports
    • List Japan Market Reports
    • Doing Business with Japanese
    • EyeWear Japan
    • Kitchen Market Japan
    • Solar Market Japan
    • Furniture & Interior Market Japan
    • Retail & Consumer Goods Japan
    • Cosmetics Market Japan
    • Machinery & Tools Japan
    • Semiconductor Market Japan
    • Automotive & Suppliers Japan
    • Automotive Aftermarket & Autoparts Japan
    • Luggage Market Europe
  • Japan Market Entry Services
  • About JRN
    • Contact

Japan did welcome 2010 - The Year of the Tiger

1/4/2010

 
Picture
Major department stores kicked off their business for 2010 on Saturday, with reasonably priced lucky bags gaining popularity as consumers tightened their belts amid the recession. Mitsukoshi Ltd.'s flagship store in Tokyo's Nihombashi opened at 9:45 a.m., 15 minutes earlier than scheduled, as about 8,000 peopled lined up in front of the store.

Picture
Fukubukuro, or "Lucky Bag," is a Japanese New Year's Day tradition during which merchants sell sealed bags of various items at a substantial discount, often as high as 50%. Shoppers may get some great deals on the contents of these bags - even if they don't know what exactly they're buying. Japanese Apple Stores have participated since 2005.

Once again, this year, they're offering mystery bags to Japanese Apple Store customers. In the picture above you see the content the lucky ones who could grab one this year found in their bag. Stores sold only a limited number of Lucky Bags for the equivalent of $380US on January 2nd.

But the fun didn't end there. Each store offered workshops on photography, video-making and presentations to kids aged eight to 12-years-old. Adults could also share in the fun too, as a contest was held to find the best New Year's greeting card created on a Mac. All contest participants received small gift too.

Picture
The above mentioned Mitsukoshi store prepared a total of 50,000 lucky bags. In particular, a bag worth 10,500 yen, which contains a down coat, a sweater and other items, drew popularity, and most of the 12,000 such bags sold out in the morning, the store said.


"I am usually cutting corners. Reasonable lucky bags with items of good quality are helpful," a 50-year-old housewife from western Japan said. At Takashimaya Co.'s flagship Nihombashi store, some customers lined up before dawn and rushed to buy lucky bags on the food floor after it opened.

Picture
The store also started discount sales on winter items, including neck ties and leather goods. "Practical lucky bags and items are very popular," a Takashimaya official said. "Consumers are expected to continue being frugal."

Sogo & Seibu Co. began offering two lucky bags worth 20.1 million yen each that will give the buyers the rights to have robots made to look like them. If more people want to buy the bags, there will be a draw. A female robot wearing a festive kimono was on display at a Sogo department store in the city of Saitama, saying "Happy New Year" to visitors.

Picture
Monday wasn't only the first business day of the New Year but also the day to visit Tokyo's Kanda Myojin Shrine which is dedicated to the country's god of business.

Yoshiharu Asanuma, Business Owner said "Financial institutions seem to be gradually recovering, so I have high hopes that the economy may pick up this year. Well, life can be miserable without hope."

Also Tokyo's stock market opened up for the first day of trading of the New Year –with Asian equities helped by optimism that U.S. employment figures later in the week will reflect a sustained economic recovery. (Breitbart)


Comments are closed.
    JRN logo
    JRN

    Archives

    August 2014
    July 2014
    June 2014
    May 2014
    April 2014
    March 2014
    February 2014
    January 2014
    December 2013
    November 2013
    October 2013
    September 2013
    August 2013
    July 2013
    June 2013
    May 2013
    April 2013
    March 2013
    February 2013
    January 2013
    December 2012
    November 2012
    October 2012
    September 2012
    August 2012
    July 2012
    June 2012
    May 2012
    April 2012
    March 2012
    February 2012
    January 2012
    December 2011
    November 2011
    October 2011
    September 2011
    August 2011
    July 2011
    June 2011
    May 2011
    April 2011
    March 2011
    February 2011
    January 2011
    December 2010
    November 2010
    October 2010
    September 2010
    August 2010
    July 2010
    June 2010
    May 2010
    April 2010
    March 2010
    February 2010
    January 2010
    December 2009
    November 2009
    October 2009
    September 2009
    August 2009
    July 2009
    June 2009
    May 2009
    April 2009
    February 2009
    January 2009
    December 2008
    November 2008
    October 2008
    September 2008
    July 2008
    June 2008
    May 2008
    March 2008
    November 2007
    February 2007
    July 2006
    April 2006
    March 2006

    Categories

    All
    3d
    Abenomics
    Advertising
    Airlines
    Ana
    Apple
    Apps
    Architecture
    Asahi
    Beer Japan
    Bicycle
    Books
    Cafes
    Cars Japan
    Coffee
    Cosmetics
    Culture
    Department Stores
    Design
    Disney
    Docomo
    Dogs
    Drinks
    Economy Japan
    Ecotech
    Education
    Energy
    Farming
    Fashion Japan
    Flu
    Food
    Food Labels
    Food Market
    Forever 21
    Fujitsu
    Furniture Japan
    Gadgets
    Games
    Globalization
    Haagen Dazs
    Health
    Health Care
    Hello Kitty
    Heritage
    Hightech
    Hm Japan
    Hobby
    Honda
    Hotels
    Household Spending
    Hybrid
    Ikea Japan
    Industry
    Interior Japan
    Kids
    Kitson
    Living Cost
    Merger&Acquisition
    Merger&Acquisition
    Mitsubishi
    Mobiles
    Music
    Nhk
    Nintendo
    Olympia
    Online Shopping
    Online Supermarket
    Panasonic
    Pets
    Private Label
    Product Labelling
    Public Transportation
    Qr Codes
    Railway
    Real Estate
    Retail Japan
    Robots
    Sanrio
    Sanyo
    Science
    Security
    Sega
    Service
    Shiseido
    Social Media
    Solar Energy
    Sony
    Space
    Sports
    Statistics
    Supermarkets
    Tobacco
    Toilet
    Toshiba
    Tourists
    Toyota
    Toys
    Trade Shows
    Tradition
    Travel
    Twitter
    Uniqlo
    Vitamins
    Vuitton
    Wealth
    Wearable Tech
    Women

     


Our motto ...

“I have no special talents. I am only passionately curious.” Albert Einstein

Stay in touch with JRN

 
Market Entry Japan request
> Get in touch with us/JRN
>> Speak to a Japan Expert
         Japan - a fascinating market with unique consumers buying extraordinary products. Be part of it.   Copyright © 2013 All rights reserved.   Japan Retail News© is powered by EJBC since 2005