Muji USA files for bankruptcy amid COVID-19 pandemic

MUJI USA on Friday announced it has filed for bankruptcy.

“While the retail industry is navigating challenges imposed by the COVID-19 pandemic, MUJI has made the decision to restructure its business in order to better serve our community, which involves filing for Chapter 11,” the company said in its website.

Its operations, however, will continue despite filing for bankruptcy.

“MUJI USA will remain fully operational throughout this restructuring,” it said.

“Our stores across the country remain in various phases of reopening, in accordance to public health guidelines, and our e-commerce website continues to run,” MUJI USA said.

The company is among the businesses affected by the COVID-19 pandemic and filed for bankruptcy in the US.

Department store JCPenney and Gold’s Gym USA also filed for Chapter 11 in the US. —KG, GMA News