A Takashimaya Company store in Tokyo. The retailer owns 19 department stores in Japan, as well as outlets in Singapore, Thailand and Vietnam. Photo: Bloomberg
High-end Japanese retailer Takashimaya in U-turn, to keep Shanghai store open
- Osaka-based company says support from landlord, municipal government behind eleventh-hour change of heart
- Unclear if board or shareholders have decided on how to steer a turnaround for the business
Topic |
Retail properties
A Takashimaya Company store in Tokyo. The retailer owns 19 department stores in Japan, as well as outlets in Singapore, Thailand and Vietnam. Photo: Bloomberg