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Stagnant spending drives Japan's retailers to shop for growth abroad

Thrifty consumers and dwindling population dimming prospects at home

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The international store count of Fast Retailing, operator of the Uniqlo chain, now surpasses the number of locations at home.

Tokyo

STAGNANT spending and soft wage growth in Japan are forcing two of Asia's biggest retailers - Fast Retailing Co and Seven & i Holdings Co - to court overseas consumers to drive long-term growth.

Fast Retailing, operator of the Uniqlo chain, and convenience-store giant

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