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© KYODOTakashimaya department store drops plan to close its only China outlet
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© KYODO
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Joe Blow
Hmmm, should open in Taiwan instead.
quercetum
Items and brands in department stores all have their own websites and online shops. Then you have Alibaba and the likes.
mmwkdw
Who is the "Landlord" ?
Sell their stock, unless their Bankers are capitulating too... and in which case... how far does this go ?
Joe Blow
Most likely a local holding company, and since it's China probably one that is state subsidized.
Vdude83
at least in Vietnam, Japanese and Korean department stores groceries are hits. They build a whole shopping complex around these and omg, always packed depsite the pricing is on the higher side.