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Parent Co. IH RETAIL: Full-line Closure Speculation Triggered by Japan Home Centre's Multiple Stores Clearance Completely Unfounded
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The household goods chain brand established in 1991, Japan Home Centre (JHC), recently sparked speculation of a full-line closure as several stores across Hong Kong posted notices of 'renovation clearance sale' and 'lease expiry' discounts. Its parent company, IH RETAIL (01373.HK), issued a statement today (14th) clarifying that market rumors and speculations about JHC's complete closure are completely unfounded. AASTOCKS Financial News Website: www.aastocks.com |
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