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Isetan closes Shanghai store after 27 years

Mitsukoshi Isetan Holdings closed its Shanghai Meilongzhen Isetan department store on June 30, due to the lease expiring. This marked the end of its approximately 27-year history. The closure leaves only one Isetan store remaining in mainland China, located in Tianjin. Despite offering a range of Japanese brands like cosmetics and clothing, the Shanghai store struggled amid fierce competition from online shopping.

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