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PROFILE - JAPAN'S RETAIL INDUSTRY (JULY 2003).

AsiaPulse News

| July 01, 2003 | COPYRIGHT 2003 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

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A PROFILE OF JAPAN'S RETAIL INDUSTRY

PREPARED BY ASIA PULSE ANALYSTS (UPDATED JULY 2003)

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OVERVIEW:

Japanese consumers have further tightened their purse strings due to falling wages and rising joblessness amid the prolonged recession, which is pushing down retailers' earnings.

This downtrend deteriorated in the spring, when the Iraq war and severe acute respiratory syndrome (SARS) threat assaulted industries, including the retail sector.

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Source: HighBeam Research, PROFILE - JAPAN'S RETAIL INDUSTRY (JULY 2003).

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