TOKYO -- Japan's Ryohin Keikaku now sits on a mountain of unsold stock as the coronavirus pandemic shuts down retail stores around the world, worsening a longstanding problem for the operator of the Muji home-goods chain.
Famous for their simple, no-frills designs and no-brand philosophy, Muji products have gained popularity throughout the world over the past couple of decades. But the virus outbreak has exacerbated long-standing problems the retailer has had with inventory control.
