Stagnant spending drives Japan's retailers to shop for growth abroad
Thrifty consumers and dwindling population dimming prospects at home
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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 Seven & i were due to report earnings results on Thursday amid a Japanese economy that is still posing challenges even as it expands.
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