November 15, 2012

Japanese chains exposed to years of price competition in a deflationary economy

"Japanese (restaurant) chains have..been exposed to years of fierce price competition in a deflationary economy - giving them plenty of experience in controlling costs through clever sourcing, logistics and inventory management..Japanese food businesses have a basic edge in their emphasis on quality, service and cleanliness"


Source: Japanese restaurants set sights abroad
Mure Dickie
Financial Times
The Australian Financial Review
Thursday 15th November, 2012, page 26.

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