20% of all Aoyama Trading major men's clothing stores close 160 stores November 11 6:37
Aoyama Trading Co., Ltd., a major men's clothing company that develops "Clothing Aoyama," reviewed its plan to close 85 stores by next year due to the impact of the new coronavirus, and closed about 80 more stores. We have decided on a policy to do so.
In order to reduce the number of employees, we are also recruiting about 400 voluntary retirement programs, and we are planning to hurry to rebuild our management.
Aoyama Trading Co., Ltd. has announced plans to close 85 stores nationwide, including clothing Aoyama, due to sluggish business performance due to a decrease in demand for suits.
However, according to the people concerned, Aoyama Trading reviewed the plan to close unprofitable stores and decided to close about 80 additional stores.
As a result, about 160 stores will be closed, which is almost 20% of the stores nationwide.
Aoyama Trading Co., Ltd. announced on the 10th that it will have a final deficit of more than 29 billion yen for the year to March next year, and that it will recruit about 400 voluntary retirements, which is about 10% of full-time employees. I will.
The company intends to hurry to rebuild its business by closing unprofitable stores and reducing the number of employees to improve management efficiency and by focusing on online shopping.