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Uniqlo continues slow U.S. expansion

Apr. 07, 2015 7:47 AM ETFast Retailing Co., Ltd. (FRCOY) StockFRCOF, FRCOYBy: Clark Schultz, SA News Editor
  • Uniqlo continues its expansion into the U.S. with new stores in Denver, Seattle, and Tyson's Corner, Virginia.
  • The Japanese retail brand is now up to 39 stores total in the U.S.
  • The pace of the roll-out puts the company behind on a goal to reach $10B in sales at 1,000 U.S. stores by 2020.
  • Similar to Lulelemon, Uniqlo is focused on a new segment that merges sportswear with casual clothing.
  • Uniqlo is a subsidiary of Fast Retailing (OTCPK:FRCOY, OTCPK:FRCOF).

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