Japan's grocers battle recession Archives - Just Food
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Japan's grocers battle recession

JAPAN: Lower consumer spending hits Aeon

JAPAN: Lower consumer spending hits Aeon

Revenues and profits at Aeon fell during the first nine months of the Japanese retailer's fiscal year, as concern over rising unemployment and falling wages dented consumer spending.

JAPAN: Seven & I hit by lower demand

JAPAN: Seven & I hit by lower demand

Japan's largest retailer Seven & I Holdings has seen its profits fall by almost one-third during the first nine months of this year, as lower personal incomes in Japan dented demand.

JAPAN: Lawson shrugs off falling consumer spending

JAPAN: Lawson shrugs off falling consumer spending

Japanese c-store giant Lawson said today (7 January) that its earnings for the first nine months of fiscal 2010 remained in-line with last year, as the group shrugged off declining consumer confidence in the country.

USA: Pop N Go signs Korea distribution contract

USA: Pop N Go signs Korea distribution contract

Pop N Go, Inc. (OTCBB:POPN) and Sunwha Trading Company, Ltd. of Seoul, Korea have entered into a 3 year exclusive Distribution Agreement for Sunwha to become Pop N Go's exclusive distributor for Korea. The contract is expected to yield a minimum of $3 million in sales for Pop N Go. "Korea is an important market for Pop N Go's products and Sunwha's aggressive plan for penetrating the Korean market will result in a fast rollout. Pop N Go will be shipping its first machines to Sunwha next week," stated Mel Wyman, Pop N Go's CEO.