Japan’s department stores rally as heat draws shoppers indoors
Isetan Mitsukoshi, Takashimaya and J. Front Retailing shares surge as Japan’s hottest summer on record drives consumers into air-conditioned retail havens.
Shoppers navigate a street in Tokyo as extreme summer heat drives consumers to seek air-conditioned retail spaces. Image: Bloomberg News
Shoppers navigate a street in Tokyo as extreme summer heat drives consumers to seek air-conditioned retail spaces. Image: Bloomberg News