NEWSWORTHY

Business / Economy Jan 28, 2019

Retail rout deepens as U.K. and Germany lose thousands of jobs

Europe's retail crisis deepened as companies in the U.K. to Germany are set to cut thousands of jobs as online shopping accelerates erosion of sales from traditional bricks-and-mortar stores. Tesco, the biggest U.K. grocer, will eliminate about 15,000 positions and close meat, fish and delicatessen ...

Ikea Japan to open outlet in Harajuku in 2020

Business / Corporate Nov 16, 2018

Ikea Japan to open outlet in Harajuku in 2020

Ikea Japan K.K. said Thursday it will open an outlet in front of Harajuku Station in Tokyo in spring 2020. It will be its first urban outlet in Japan, according to the unit of the Swedish furniture retailer. The 2,500-sq.-meter store will occupy the first and ...