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.
Retail
Unbranded and unsold: Muji weighed down by inventory
Write-downs or discounts loom as pandemic shutters stores
A Muji store in Bangkok: Widespread store closures have left Muji operator Ryohin Keikaku with even more unsold inventory. (Photo by Akira Kodaka)
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