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Cloudiest Tokyo Summer in 129 Years Hits Japan’s Retailers

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Japan’s unusually long and cool rainy season dampened demand for apparel, furniture and other goods, with some retailers already reporting steep drops in merchandise sales. Shimamura Co., a chain of affordable clothing shops, reported last week that same-store sales through July 20 fell 18 percent from a year earlier. Many of Shimamura’s customers reach the…

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