In Finance, Retail

The US has seen  7,500 store closings in 2019, and Coresight Research predicts the number could hit 12,000 by the end of the year. However, that is not deterring the operator of Japanese discount store chain Don Quijote, Pan Pacific International Holdings. The retailer is developing a new store format in the US to attract a larger share of the market by shifting from its current supermarket model.

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