Retail retreat in Japan: shut 20% of stores

An Onward store in Tokyo: the merchant has relied heavily on retail stores and shopping mall locations. Midsize Japanese wear merchant Onward Holdings can shut around a fifth of its stores worldwide, pivoting toward e-commerce as its mainstay brick-and-mortar locations struggle to draw in customers. The company, that sells principally at shops and looking malls in Japan, can shutter regarding 600 of its quite three,000 locations. Onward -- who....