In June of 2020, Ikea opened a new branch in the fashion-focused Harajuku neighborhood of Tokyo. Launching a new venture at this time was a gamble, since the COVID pandemic was in full force and the ...

The death of downtown is now a familiar refrain. Central business districts (CBDs) in cities around the world—once bustling centers of office work—were hit hard by the pandemic and the shift to remote ...

Harumi Aketo closed his barbershop after cutting the hair of U.S. service members for nearly two decades at Hardy Barracks in central Tokyo.

It’s not a total withdraw, but the chain’s downtown Tokyo footprint is going to get a lot smaller.