Prime Locations See Store Closures

A prime address does not guarantee a business. The piece makes a point well known inside Japan's restaurant and retail trade but often missed by outside investors: stores fail in central districts too, and the ones that last share a method of choosing sites rather than a famous location. Foot traffic composition matters more than volume — commuters passing through, destination shoppers and browsers are worth entirely different amounts to different formats. Rent in a top location also erases much of the revenue advantage. Calculate the traffic mix alongside the minimum turnover the rent demands. One free indicator: how often signs change on the street.