Uniqlo

Japanese specialty retailer Uniqlo has been losing money with its U.S. stores for the past five years, but is not ready to throw in the towel.

According to Reuters, Uniqlo parent Fast Retailing Co. Ltd. is making a U.S. turnaround a top priority.

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Uniqlo has completely revamped its flagship on Oxford Street in London, doubling the space from approximately 12,055 sq. ft. to 24,100 sq. ft. and adding two additional floors, along with a rooftop venue for special events.

Designed in collaboration with the retailer’s longstanding, Tokyo-based design firm, Wonderwall, the store includes such signature Uniqlo accents as LED tickers and rotating mannequins.

Did Japanese retailer Uniqlo miscalculate its appeal to American shoppers?

The company, a division of Fast Retailing, is moving into the slow lane with regards to its U.S. expansion. Uniqlo now plans to open only five U.S. locations in its current fiscal year, which began on September 1, 2015, after opening 17 in its most recently completed year.

Uniqlo, which has more than 1,600 stores worldwide, operates 43 stores across the United States.

New York -- Uniqlo is coming to Boston.

The Japanese fast-fashion retailer will open its first permanent store in the city, a two-level, 12,000-sq.-ft. flagship in Faneuil Hall Marketplace in October.

In a nod to its surroundings, the store will feature heavy earth tones, wood, and brick with the original walls of the structure exposed. Open ceilings will highlight the building’s original wood trusses.

New York -- Uniqlo, the fast-growing fast-fashion division of Japan’s Fast Retailing, is expanding its relationship with Disney Consumer Products. The retailer has even chosen a Disney property as the site of its first store in Florida.

Uniqlo on Monday announced a global collaboration with Disney Consumer Products to produce a new line called “Magic for All.”  In addition to new products, the collaboration will include pop-up displays, and in-store and online customer experiences.

New York – Japanese retailer Uniqlo continues its U.S. expansion with plans open its first-ever stores in the Seattle, Denver and Washington, D.C., metro areas.

In the state of Washington, the retailer will open a 13,000-sq.-ft. location at Seattle’s The Bellevue Collection this fall. In spring/summer 2015, the retailer will open a 10,000-sq.-ft. store at Tyson's Corner Center, and a 22,000-sq.-ft. store on Denver's 16th Street, at The Denver Pavilions.

New York -- Forever 21 opened a 36,000-sq.-ft. store on Manhattan’s Fifth Avenue, joining such other fast-fashion retailers already in the neighborhood as Uniqlo, H&M and TopShop.  

The four-level space houses all of retailer’s collections under one roof, including Forever 21 Men. The store is located in a building that formerly housed an H&M store, which closed in December when the retailer moved to a different location on Fifth and 48th Streets.

New York -- Uniqlo will enter Canada in the fall of 2016, opening a store at Yorkdale Shopping Centre, Toronto, and one at the Toronto Eaton Centre.

Uniqlo currently operates some 1,500 stores, with locations in Japan, Australia, China, France, Germany, Hong Kong, Indonesia, Malaysia, Philippines, Russia, Singapore, South Korea, Taiwan, Thailand, the U.K. and the United States.