McDonald's to close hundreds of outlets in Japan
McDonald's Corp. is closing 430 restaurants in Japan, the latest sign of the faltering economy in the Asian country.
A 50% owned affiliate will shutter the locations over the next 12 to 18 months in conjunction with the strategic review of the company's real estate portfolio. The world's largest restaurant chain plans to take charges of $40 million to $50 million in the first half of the year. McDonald's Holdings Co. (Japan) has 3,700 stores. McDonald's also is opening 90 new restaurants and refurbishing 200 in Japan.
(Daily Finance, Feb 10)
18 May
A 5-year-old boy sustained an injury at a shopping mall in Nagoya on Friday after his hand became trapped in an escalator. (Japan Today)
18 May
A 24-year-old woman was in a serious condition Friday after being stabbed by a man whom she reported to police for stalking her in Kurashiki, Okayama Prefecture. (Japan Today)
18 May
A 70-year-old woman has been rescued from a toilet in which she had been waiting for help for three days, Hiroshima police said Friday. (Japan Today)
18 May
A traditional dance was performed on Friday at an ancient temple in Nikko City, northeast of Tokyo. (NHK)
18 May
China's television regulator has ordered a crackdown on dramas about the country's battles with Japan during and before World War Two and demanded they be more serious, state media said on Friday, following viewer complaints about ludicrous storylines. (Reuters)