Muji owner plans to open new flagship stores in China

Muji-owner Ryohin Keikaku sees China’s economy showing signs of hitting the bottom and plans to open new stores in more top-tier cities

President Satoshi Shimizu said in an interview with Nikkei that Muji’s store sales in mainland China have been on an upward trend since September last year

Though China's economy has fully recovered, Shimizu saw signs that it has bottomed out.

Shimizu said Muji also looks forward to China's economy recovering further, and will focus on developing more customer sources based on the existing spending power.

Muji’s plan is to open stores mainly in shopping centers, which would be in medium and large sizes, and the Japanese retailer is considering opening flagship stores in first-tier cities that do not yet have, such as Guangzhou. 

(Staff reporter)