Failed department store chain Sogo Co.’s Tama store in western Tokyo closed its doors for the last time Sunday evening, ending its 11-year history.
Some 657,000 bargain hunters flocked to the store during its 25-day closing sale, including 20,000 Sunday, spending 2.27 billion yen, Sogo officials said.
The store, which opened in October 1989, temporarily closed July 13 after the Sogo group filed for protection from creditors with the Tokyo District Court, with 1.87 trillion yen in debts.
It then reopened for a closing sale held in two sessions — from Aug. 19 to Sept. 3 and then Sept. 9 to Sunday. The opening day of the sale attracted a store record of 72,000 people, the officials said.
The store, with seven stories above and two below ground level, was saddled with more than 55.8 billion yen in debts.
The giant Osaka-based retailer has also decided to close its stores in central Tokyo, Kisarazu, Chiba Prefecture, and Nagano as part of its rehabilitation.
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