Takashimaya Co. reopened a completely renovated store in Tokyo’s Shinjuku district Thursday with high expectations of attracting more baby boomers as they enter retirement.
The renovation, the first since it opened in 1996, features expanded clothing sections on the fourth to eighth floors, which have more stock on hand for older shoppers, its officials said.
Takashimaya, which is on a remodeling binge, spent 13 billion yen to renovate the Shinjuku store and aims to post 90 billion yen in sales in the first year, the officials said.
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