5 Days
Source:
The Guardian
Izakaya Industry Faces Survival Challenges
Traditional izakaya restaurant-bars in Japan, including Tokyo’s Shimokitazawa district, are facing increased financial pressures due to rising costs, declining alcohol consumption among younger people, and reduced weekend socializing. Many establishments are closing at record rates, reflecting broader economic challenges and changing social habits, while some chains like British-style pubs are expanding by targeting tourists and offering entertainment like sports viewing.
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