Retail Policy: A Law for Large Stores

Abstract

In 1976, Izumiya announced its plans to open a store with a sales floor size of 10 415 square meters in Kyoto. Eighteen months later, the company managed to submit the developer’s report as required under the Large Store Law. It took two more years for the local Committee for the Early Regulation of Retail Activities to meet for the first time. The committee took seven years to reach a decision and only then could the official report be prepared and submitted to MITI. The store was finally opened with a sales floor of 8250 square meters in November 1989 (Kusano 1992:56).