Isetan Mitsukoshi faces first quarterly loss in eight years

Japan's department stores squeezed as coronavirus keeps customers away

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Isetan Mitsukoshi has closed some of its outlets due to the coronavirus outbreak in Japan. © Kyodo

TOSHIHIRO SATO, Nikkei staff writer

TOKYO -- Japanese department store operator Isetan Mitsukoshi Holdings is expected to book its first quarterly operating loss in eight years when reporting January-March results, as the coronavirus keeps would-be shoppers at home.

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