JAPAN’S MAJOR DEPARTMENT STORE ISETAN MITSUKOSHI EXPECTS A NET LOSS FOR FISCAL 2020

Highlights –

• Japan’s major department store Isetan Mitsukoshi expects a net loss for fiscal 2020.
• The department store expects a net loss of $570 million this year.
• It is forecasting an operating loss of $36 million.
• In the first quarter through June, it reported a net loss of $29 million.

Japan’s major department store operator, Isetan Mit....