OSAKA -- The bankruptcy of the Osaka-based Mycal group earlier this month sent shock waves through the business and financial worlds.
But for many younger Osaka residents, the woes of the nation's fourth-largest supermarket chain were particularly sad because the collapse means the end of Vivre, a division of Mycal that was one of the area's most popular and trendy stores.
Mycal Corp. filed for court protection from creditors Sept. 14, along with six group firms, with a reported total of 1.74 trillion yen in liabilities.