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 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
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
Business

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
Georgina Lee
Georgina Lee

Updated: 10:22pm, 23 Aug, 2019

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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 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
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
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