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Global retailer slowing down U.S. expansion
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.

