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the fact of the matter is that there are massive differences in consumer opinion. Western markets prefer specialist companies that do one thing really well, whe
by bobthepanda 2y ago
the fact of the matter is that there are massive differences in consumer opinion. Western markets prefer specialist companies that do one thing really well, whereas in East Asia people often prefer trusted conglomerates.
As a general example, department stores are much healthier in Japan and Korea, whereas in the US they were hollowed out by specialty clothing retailers, specialty makeup retailers, etc. and then finally kicked over by online shopping.
- shiroiushi 2y ago>As a general example, department stores are much healthier in Japan and Korea, Not only that, here in Japan some of the biggest department stores also operate their own train lines, and own all the real estate around the stations. It's an extremely different way of running a business than in the US.
- numpad0 2y agoAnd none of it has a strong visionary figure leading the way. It's all committees and pork barreling. THAT churns out evergrowing list of features.