Muji stores at risk as it files for bankruptcy protection

// Muji files for bankruptcy protection after falling £49 million in debt
// The Covid-19 pandemic has accelerated store closures
// This marks the first time a major Japanese retailer has sought Chapter 11 protection due to the pandemicMuji has filed for bankruptcy protection after falling $64 million (£49 million) in debt as it struggles to survive amid increased rent payments.
The Japanese home goods retailer said the Covid-19 pandemic has accelerated store closures, while still h