A Week in Japan tech
e-Commerce
- Department stores expect online summer gift sales to hit Ñ1 billion. Eight leading department stores revealed that summer gift sales on the Internet so far jumped by 25-620% year-on-year, with total sales during the entire season forecasted to treble to Y1 billion. Daimaru Inc. fared the best of the industry, expecting online summer gift sales to grow 620% on the year, exceeding its target by 10%. The success is largely attributed to its sales of alcohol on the Net.