Business / Corporate Jul 24, 2014

Kintetsu department store woos foreign shoppers

Kintetsu Department Store Co. wants more foreign customers to shop at its flagship store, which opened in Japan's tallest skyscraper in March, President Keiji Takamatsu said. In a recent interview, Takamatsu said the Osaka-based company wants to raise 3 percent of its overall revenue from ...

Osaka skyscraper store chalks up 30 million visitors

Business / Corporate Jun 6, 2014

Osaka skyscraper store chalks up 30 million visitors

About 30 million people have visited a high-end department store in Japan's tallest commercial building in the year since it opened. Kintetsu Department Store's flagship outlet in the 300-meter Abeno Harukas skyscraper in Osaka recorded an average of about 86,000 customers a day from its ...

Osaka challenges Tokyo with tallest skyscraper

Business / Corporate Mar 6, 2014

Osaka challenges Tokyo with tallest skyscraper

Japan's tallest building will open Friday in Osaka, as Asia's third-biggest metropolitan economy aims to lure tourists and stem businesses from moving to Tokyo. Kintetsu Corp., one of the main railways in western Japan, spent ¥130 billion and four years constructing the 300-meter Abeno Harukas ...

Kintetsu's Abeno Harukas flagship fails to meet sales target

Business / Corporate Oct 9, 2013

Kintetsu's Abeno Harukas flagship fails to meet sales target

Kintetsu Department Store Co. has lowered its earnings estimate for the year through February after its flagship outlet, which opened in June, missed its sales target. It is now projecting ¥4 billion in consolidated operating profit, down ¥600 million from its previous projection, on sales ...