Japan’s Malls And Restaurants Brace For Olympics Without Foreigners
Mar 22, 2021
Shopping malls and restaurants in Japan will miss out on a business boom, as Tokyo expects to hold the Olympics without overseas spectators, dealing another blow to industries already on the ropes from the coronavirus. In the years leading up to the Games, developers have poured billions of dollars into shopping and dining complexes to serve an influx of foreigners, with major investments made in Tokyo’s central Shibuya district, iconic for its scramble crossing. Read more at Reuters.