Takashimaya New York to Close



NEW YORK–Takashimaya is closing its New York store in June.

The store, located on Fifth Avenue, will close its doors in June, according to a statement on the company’s Web site. Online shopping, the statement said, will close on April 2. The upscale shop opened in 1993.

Also, Takashimaya said yesterday that it has cancelled its plans to merger with H20 Retailing Corp., another Japanese retailer. Takashimaya and H20 announced in 2008 that they would integrate their operations within three years.

Posted in News, Retail.

Last updated: March 26, 2010