Muji Europe poised to go into administration

European arm of Japanese retailer says process will have no immediate impact on shops, staff or running of chainThe European arm of the Japanese clothing and homeware retailer Muji is to appoint administrators, in another gloomy signal for the UK’s struggling high street.The spokesperson for the retailer, which has six stores in London and one in Birmingham, said the move formed part of a “planned strategic restructuring of the business”, and that it expected to reach a deal sh