Japanese Retailers Look Overseas for Growth

The video discusses the global expansion strategies of retail companies like MUJI and 7 and I, focusing on their aggressive overseas growth and acquisitions. It highlights the impact of tourism on the retail sector, particularly in Japan, where department stores are adapting to attract tourists. The video also examines the growth of convenience stores in Japan, despite demographic challenges, and their strategies to attract diverse customer bases.

Which company is noted for its aggressive overseas expansion, particularly in emerging Asian markets?

• Takashimaya

• Fast Retailing

• Familymart Uny

• MUJI

What strategy have Japanese department stores used to counteract weak domestic spending?

• Reducing store sizes

• Increasing online presence

• Focusing on local markets

• Attracting more tourists

Which payment methods have companies like Takashimaya started accepting to attract more tourists?

• Google Pay and Apple Pay

• Bitcoin and Ethereum

• PayPal and Venmo

• Alipay and WeChat Pay

What demographic groups have Japanese convenience stores successfully attracted to maintain growth?

• Tourists and expatriates

• Business professionals

• Seniors and women

• Teenagers and young adults

What is a potential consequence of the aggressive growth strategies of convenience stores?

• Decreased product variety

• Increased earnings volatility

• Reduced store hours

• Lower customer satisfaction