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Asia reopening boosts travel, fashion brands; pandemic winners take backseat

Fashion brands and airlines are creeping back into investors' good graces in Asia as lockdowns ease and vaccination rises, boosting travel and leisure activities, taking some shine off pandemic stalwarts such as supermarkets and gadget makers. ....

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アングル：出店攻勢のノジマが進出、「池袋家電戦争」に新局面

神奈川県を地盤とする家電量販店のノジマが東京２３区内への出店攻勢を続けている。コロナ後も見据え今年に入って世田谷区、目黒区、大田区に出店し、２６日には豊島区池袋の東武百貨店内に店舗をオープンした。ビックカメラが本店ほか多店舗を展開し、近接してヤマダデンキが「日本総本店」を構える激戦地で存在感を示せるのか。かつて「池袋家電戦争」とも呼ばれた攻防は新たな局面を迎えた。 ....

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Explainer: What is China's Consumer Rights Day?

By Reuters Staff
3 Min Read
BEIJING (Reuters) - The annual World Consumer Rights Day, on March 15, has become a major television and social media event in China, with domestic as well as foreign brands singled out for high-profile and sometimes damaging criticism.
World Consumer Rights Day began in 1983, and China began observing it three years later, shortly after the establishment of the China Consumers Association.
WHAT HAPPENS ON CHINA’S CONSUMER RIGHTS DAY?
In recent years, the run-up to March 15 is marked by various consumer education campaigns, with both government-backed groups and brands dispensing consumer rights information.
The highlight is a two-hour prime-time show broadcast by state-run China Central Television (CCTV). Known as the “315 Show”, the programme names and shames brands for issues ranging from poor-quality products, robocalls and illegal collection of personal information to aggressive sales of beauty salon memberships. ....

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Best Buy signals slowing sales of work-from-home electronics

2 Min Read
(Reuters) - Best Buy Co Inc signaled a slowdown in the coronavirus crisis-driven demand for remote-work computer equipment on Thursday as it missed holiday-quarter sales estimates, sending its shares down 8%.
The rise of home offices and a shift to remote learning by schools raised demand for laptops, webcams, and other computer equipment last year, making Best Buy one of the bigger retail winners of the COVID-19 pandemic.
However, the consumer electronics retailer is unsure how the rollout of vaccines would affect consumer demand and shopping patterns, Chief Financial Officer Matt Bilunas said.
“There is a high level of uncertainty related to the impacts of the COVID-19 pandemic that makes it difficult to predict how sustainable these trends will be,” he said. ....

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Best Buy signals waning demand for work-from-home electronics

2 Min Read
(Reuters) - Best Buy Co Inc signaled a slowdown in the coronavirus crisis-driven demand for remote-work computer equipment on Thursday as it missed holiday-quarter sales estimates, sending its shares down 8%.
The rise of home offices and a shift to remote learning by schools raised demand for laptops, webcams, and other computer equipment last year, making Best Buy one of the bigger retail winners of the COVID-19 pandemic.
However, the consumer electronics retailer is unsure how the rollout of vaccines would affect consumer demand and shopping patterns, Chief Financial Officer Matt Bilunas said.
“There is a high level of uncertainty related to the impacts of the COVID-19 pandemic that makes it difficult to predict how sustainable these trends will be,” he said. ....

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