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Uniqlo set to open Fifth Ave. flagship
New York City -- Uniqlo, the expansion-minded Japanese apparel retailer, on Friday will open its largest store in the world, an 89,000-sq.-ft. flagship on Fifth Avenue. The three-level store reflects the chain’s ambitious designs on the United States and also the changing nature of Fifth Avenue, which is experiencing an influx of moderately-priced retailers.
Uniqlo is looking to grow its business to $50 billion by 2020. U.S. expansion figures into its strategy.