OSAKA -- The ailing Mycal Corp. supermarket chain may close the Ofuna Saty store in Yokohama and Shinsaibashi Vivre store in Osaka as part of its three-year restructuring plan, sources said Wednesday.
A final decision on the closure of the two outlets will be made after further studying sales figures and negotiating with the local community, the sources said.
The financially troubled retailer announced in January that it will close 50 unprofitable stores by February 2004 out of the 200 Saty discount stores and 30 Vivre fashion apparel stores it operates, without naming any specific stores.