Japanese Department Store Tanks in the US and is Now Looking to Expand Elsewhere

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They did not succeed in the US markets, but maybe Takashimaya Department stores will find other asian markets more forgiving.

Takashimaya Department Store in Tokyo ( Courtesy of Shinyai/Flickr)

This article in Modern Tokyo Times explains how Takashimaya Co., a popular Japanese department store, has attempted to expand beyond its japanese realm. Because their domestic sales have fallen, they have decided to take a new approach and try their luck in other markets.  However, they may be facing some obstacles from growing social tensions and declining asian economies.

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