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Posted on: Feb. 7, 2017, 10:04 a.m.
Nitori Holdings Co is considering buying an apparel chain in Japan, a move that would pit the furniture seller against rivals including Fast Retailing Co, Asia's largest clothier. "The home furnishing retailer will look for a company with 100 to 200 stores as cash from operations has been increasing by as much as 30 billion yen ($266 million) a year,'' Nitori president Akio Nitori, 72, said in an interview. Full investment news articleRelevent to this post: Nomura,