OSAKA (Kyodo) Department store chain Sogo Co. reopened its flagship store Wednesday in its original location in Osaka's Shinsaibashi district, five years after an ambitious nationwide expansion program led to its collapse.
Many Kansai region residents feel attached to the department store. Sogo hopes to turn its business around with aggressive management.
Before the opening, Shunichiro Uchimura, Sogo's president, and Shigeaki Wada, the president of Sogo's parent company, Millennium Retailing Inc., ceremoniously unlocked the new store's door with a key from the former Sogo store built in 1935.