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Takashimaya's Closing Sale Officially Begins Monday

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Every since much-admired but under-populated Japanese department store Takashimaya announced that it would shut down in June, shoppers have been waiting for word of a closing sale. A few weeks ago, the Cut reported that the company wouldn't slash prices until it got an official certificate from the city. They predicted a mid-April sale, but it sounds like things are moving slowly on Fifth Avenue, because the Shophound found nary a sale sign when he dropped by yesterday. (He did spot the sad-but-classy placard above, though.)

When we called the store today, they told us the real markdowns begin this Monday, when everything in stock drops to 40% off. Prices should fall even more as June approaches, but given how discreetly Takashimaya has been handling things, don't expect to see neon posters screaming "LIQUIDATION" anytime soon.
· RackedWire: Takashimaya to Shutter [Racked NY]
· Takashimaya’s Going Out of Business Sale to Kick Off Next Week [The Cut]
· No Sale Yet, But A Gentle Reminder Comes From Takashimaya [The Shophound]

Takashimaya

693 Fifth Avenue, New York, NY 10022

Takashimaya

693 Fifth Avenue, New York, NY