FOCUS: Alcohol hikes add to bars' woes as they adapt to reopening Japan

Economy Society

For Kazuo Tachibana, a liquor store owner in Yokohama, the recent widespread price hike on alcohol looks like delivering another blow to a business already taking knocks. "Customer spending has fallen from earlier this year, and many people seem much more hesitant to shop," the 81-year-old said before thousands of alcoholic and nonalcoholic beverages became dearer by an average of 4 to 13 percent, including the first canned beer price rises in 14 years, on Oct. 1. Japan's four major brewers -- Asahi Breweries Ltd., Kirin Holdings Co., Suntory Holdings Ltd., and Sapporo Breweries Ltd. -- and ma...

Kyodo News

Kyodo News Society