Japan's maple meso Takashimaya to open Shanghai store in 2012
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Japan's Takashimaya to open Shanghai store in 2012Published: 23 Feb 2009 22:18:19 PST TOKYO, Feb 24 - Takashimaya Co Ltd, Japan'sthird-largest department store operator, said it planned to openits first store in China in 2012 to help it grow outside itsshrinking home market. The company said it would open an eight-floor store inShanghai, which has a sizable wealthy population and an expatcommunity that it hopes to attract. Japanese department stores have been scrapping plans for newbranches at home and closing outlets and merging to survive in amarket that has shrunk by a fifth over the last decade to roughly$80 billion in 2008. The global financial crisis and a deepening recession inJapan have pushed sales down about 10 percent since late lastyear. Takashimaya, which also has stores in Taiwan and Singapore,said it would spend about 4 billion yen ($42.3 million) to openthe Shanghai store in a complex being built by local propertydeveloper China Enterprise. It said the 40,000-sq. metre store will be located in anaffluent residential area, where a business centre is also beingdeveloped. The firm said it was thinking about opening more stores inthe region. ($1=94.55 Yen) 外汇保证金交易 Runescape Gold キャバクラ 求人 ahappydeal ahappydeal spam 乳化机
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