Consumer goods are products that are purchased by individuals or households for personal use and consumption. These goods are typically classified into three main categories: durable goods, nondurable goods, and services. Durable goods are items expected to last over three years, such as appliances and vehicles, while nondurable goods are products consumed or used within a short period, such as food and toiletries. Services are intangible products, such as haircuts or repairs, that fulfill consumer needs. The consumer goods sector plays a vital role in the economy, as it encompasses a wide range of items that influence and reflect consumer behavior and demand. Examples of consumer goods include clothing, electronics, groceries, and personal care products.
ALBION Co. has achieved a 10.8% increase in sales, reaching 60.1 billion yen, and a 12% boost in operating profits, marking a significant turnaround. The success is driven by enhancing…