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预览Bloomberg BusinessWeek, June 12, 2017 (II)

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发表于 6-14-2017 13:57:19 | 显示全部楼层 |阅读模式
(2) Jason Clenfield, Masatsugu Horie and Grace Huang, Japan's Furniture King Caters to the Plebes.
https://www.bloomberg.com/news/a ... is-way-to-a-fortune

Note:
(a) summary underneath the title in print: Nitori's low-price strategy let it survive the stagnant economy
(b) Masatsugu HORIE 堀江 政嗣

(c) Japanese-English dictionary:
* tsugu 継ぐ(P); 続ぐ; 嗣ぐ; 襲ぐ 【つぐ】 (v): "to succeed (someone in a business or inheritance)"
* 似る 【にる】 (v): "to resemble; to look like"
   ^ ni 似 【に】 (suf[fix]): "< あの男の子は父親似だ。 That boy takes after his father>"
(d) About "plebes" in the title.

English dictionary:
(i) plebe (n; perhaps an abbreviation of plebeian): "US informal  a newly entered cadet or freshman, especially at a military or naval academy"
https://en.oxforddictionaries.com/definition/plebe
(ii) plebeian
https://en.oxforddictionaries.com/definition/plebeian

Apparently BusinessWeek uses Plebes" to means :plebeians, due to lack of title space in print.

(e)  The version in print is not really the same as the one online. The following quotations are from print.

"Akio NITORI's 似鳥 昭雄 has his aha moment during a 1972 trip to California. As a young merchant operating a handful of stores in Japan, Nitori spent a week touring Sears Department stores and outlets. He marveled at the designs, the color coordination and the quality -– which came at one-third the price of Japanese furnishings.  'I wanted [the same as online version] I thought maybe I could lower prices so my customers paid one-third as much.'  Doing that meant bypassing local wholesalers [the same as online version] in the middle of the night to avoid being seen.  Such unorthodox tactics -- and a willingness to borrow ideas from retailers around the world -- have made Nitori Holding Co[, Ltd] 株式会社ニトリ [based in Sapporo; the founder was born in 1944 in Sakhalin] the country's biggest furniture retailer. * * * In the 12 months through Feb 20, Nitori Holdings did something no other public company [a public company sells stocks to public] in Japan had ever done: posted a 30th-consecutive year of increased profit to go along with its ever-expanding sales. * * * In its latest fiscal year, revenue increased 12 percent, to 513 billion yen ($4.7 billion).  The company's shares have gained * * * making Nitori the third-most valuable Japanese retailer ['after convenience-store giant Seven & I Holdings Co and Fast Retailing Co, owner of the Uniqlo clothing chain': lifted from online version]. The run-up also increased Nitori's personal fortune -- he's still the company's top shareholder -- to about $3.5 billion, according to the Bloomberg Billionaires Index."

run-up (n):
"2:  a usually sudden increase in volume or price
3:  a period immediately preceding an action or event"
https://www.merriam-webster.com/dictionary/run-up

Here it is definition 2, but most often it is definition 3, such as (in the run-up to general election).
(f) "At 73, Akio Nitori now spends much of his time plotting expansion unb countries such as China, where he's opened 11 outlets since 2014. and plans to double that number this year. 'It's going to be a lot harder than he thinks,' said Shaun Rein, founder of consulting company  China Market Research Group in Shanghai, who cites IKEA's difficulty in cracking the [China] market. Ikea's stores are packed with people -- but many come to take naps on showroom beds and enjoy a bit of free air conditioning, rather than to buy."


(3) David Ramli and Taylor Hall, China's Twitter Returns from the Dead.
https://www.bloomberg.com/news/a ... -back-from-the-dead
(Weibo)

Note:
(a) summary underneath the title in print: Weibo reignited user growth with partnerships and automatic feeds
(b) The online and print versions are identical.
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