![]() Some aspects of their society are indeed something they're used to. Their suicide rates are high, and personally I have spoken to Japanese natives who are born and raised. I've lived in many different countries and Japan is the only one that makes me feel this way. But part of me also says "I wouldn't last more than a year in this madness". Part of me says "it's a fantastic country". This is why I still don't clearly know if I want to leave in Japan. Impossible to compare with what we can see in western countries.īut at the same time I love Japan. And Japanese society (in Tokyo at least) can be very very stressful after a while. So many that it's impossible even for a Japanese person to know all of them. Especially since I'm married with a Japanese woman, because now I need to follow the rules. The reason is simple: the price to pay for this is just too absurdly high. ![]() ![]() I have been many times in Tokyo and while I love the discipline, cleanliness and helpfulness of the Japanese, it can quickly get on my nerves. across the board at retail right now," Urban Outfitters' CEO Richard Hayne said last month.It's funny how so many of these are both brilliant and awful. Other retailers, including Walmart ( WMT), Gap ( GPS) and Urban Outfitters ( URBN), have also said they are holding too much inventory of some product lines and also plan to mark down prices and step up sales to clear the glut. Heading into Tuesday, Target's stock was down 31% for the year, and shares dropped 2% in early trading following the unexpected announcement. The steps will dent the retailer's profit estimates for the year, the company said. On Tuesday, the company said it needed to respond more aggressively. Target ( TGT) was caught off guard by the speed of these shifting trends and last month told investors it would begin marking down some overstocked items. "There is a need to clear down inventory - even if that means discounting - to rebalance stock levels and make more room" for these categories in high demand, Neil Saunders, an analyst at GlobalData Retail, said in a note to clients Tuesday. They were eager to spend big on their homes and wardrobes.īut many shoppers in recent months have altered their purchasing choices in response to the fastest jump in inflation in decades and the end of federal government pandemic stimulus payments.Ĭonsumers are making fewer high-end purchases and buying more necessities like food, household staples and self-care items. Stores and brands were able to sell merchandise at full price to consumers who had built up savings while staying home during the pandemic. Prices on almost everything at the grocery store are up - except rotisserie chicken. It's a sharp reversal from much of the past two years, when discounts were scare and supply constraints meant consumers couldn't often find what they wanted. The retail giant said Tuesday that it would mark down prices on some bigger-ticket items that consumers have pulled back on purchasing and cancel pending orders from suppliers. To clear out the glut, it will ramp up discounts. New York(CNN Business) Target is stuck with too much home decor and too many TVs.
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