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Update on The Disney Store

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Kyodo News reports on restructuring The Disney Store in Japan, which are owned and operated by the same company that owns and operates the Disney theme parks in Japan.

Oriental Land Co., the operator of Tokyo Disney Resort, will close some of its stores that sell Disney merchandise and revamp operations at its other outlets to move into the black.

The Disney stores are expected to see a net loss of about 1.8 billion yen in the business year through March 31 on sales of some 17.6 billion yen, which excludes sales of admission tickets to the theme parks.

Meanwhile, in a story requiring registration, we read that The Children’s Place, which owns and operates The Disney Store in North America, is still in talks with Disney.