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Aeon to Open First Outlet Mall in Saitama

Aeon Co. plans to open its first outlet mall next autumn in Japan’s Saitama prefecture, Nikkei English News reported, without citing anyone.

The mall, less than 30,000 square meters (323,000 square feet), will be erected in the city of Koshigaya, next to the Aeon LakeTown shopping center, Nikkei said.

Aeon will spend tens of billions of yen (hundreds of millions of dollars), less than the usual cost for a regular shopping center, Nikkei reported.

Source Blommberg.

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