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Topic

#shutter

Every story tagged #shutter on RetailNews Asia: reporting, analysis and market signals from across Asian retail and e-commerce.

2 stories in this topic

World Co Japan
General
1 min read

Japan’s World Co closing 358 stores by March

Japanese apparel firm World Co is shuttering 358 outlets nationwide by March next year. The move is in response to the impact of the Covid-19 outbreak and will involve jettisoning five clothing brands owned by the parents firm – including unprofitable brands…

54ee9be4a81bb7983a8b4567
Automotive
1 min read

Ford to Shutter Operations in Japan, Indonesia

After pursuing “every possible option,” global auto giant Ford Motor Co. has said decided to close down all operations in Japan and Indonesia by the end of this year. “It has become clear that there is no path to sustained profitability, nor will there be an…