Tag - department-stores

 
 

DEPARTMENT STORES

Ichibata Department Store, located in Matsue, capital of Shimane Prefecture, was the last remaining department store in the prefecture but ended its 65-year history on Jan. 14.
BUSINESS / Economy
Mar 21, 2024
More prefectures losing department stores even amid pandemic recovery
In 17 prefectures there is currently only one department store and there are none in three, set to rise to four in July.
Foreign tourists at a duty-free counter in a department store in Tokyo
BUSINESS
Jan 26, 2024
Duty-free sales at Japan department stores hit record high in 2023
The rise reflected the weak yen, as well as an increase in the number of foreign visitors to Japan.
Seiste's ¥1,650 limited-edition ice cream will be available for eat-in customers throughout the Valentine's Day period at the Matsuya department store in Tokyo's Ginza district.
BUSINESS / Companies
Jan 25, 2024
Tokyo department stores to offer in-store dining options for Valentine's Day
In recent years, the Feb. 14 celebration has evolved from a day of gifting sweets to a celebration of love for chocolate.
Kazuhisa Yokoyama, the head of sales at Takashimaya, apologizes during a news conference in Tokyo on Wednesday.
JAPAN / Society
Dec 27, 2023
Takashimaya apologizes over damaged Christmas cakes
The pricey ¥5,400 cakes were meant to be delivered frozen, but many arrived melted, lopsided or crumbled.
Sogo & Seibu labor union members strike in front of the flagship Seibu Ikebukuro store in Tokyo's Toshima Ward on Aug. 31.
BUSINESS / Companies
Dec 6, 2023
After troubled sale, prospects for Sogo & Seibu uncertain
Department store operator must develop a new template for survival under the management of an investment fund.
Sogo & Seibu’s flagship store in Ikebukuro is closed due to a strike on Aug. 31. 
COMMENTARY / Japan
Sep 19, 2023
As goes the Sogo department store, so goes Japan
The number of department stores located outside Japan's 10 biggest cities has dropped by 30% in the past decade.
A Sogo department store in Yokohama. Fortress Investment Group, which has acquired Sogo & Seibu, plans to keep all 10 Sogo and Seibu department stores open for the time being, sources said.
BUSINESS / Companies
Sep 6, 2023
Fortress to maintain all Sogo and Seibu stores for now: sources
The U.S. investment firm now plans to spend a total of ¥60 billion, compared with at least ¥20 billion it initially considered.
Union workers of Sogo & Seibu hold banners which read 'on strike' in front of the company's flagship Seibu Ikebukuro store in Tokyo on Thursday.
BUSINESS / Companies
Aug 31, 2023
Sogo & Seibu labor union begins strike at flagship Ikebukuro store
While the labor union made a strong effort to prevent Seven & I from proceeding with the deal, a decision was made to sell the department store unit.
Sogo & Seibu's labor union holds a news conference on Monday in Tokyo.
BUSINESS / Companies
Aug 30, 2023
Sogo & Seibu labor union to launch rare strike after talks break down
Around 900 workers at Ikebukuro's flagship will participate in what will be the first strike at a Japanese department store in about 60 years.
The Seibu department store in Tokyo's Ikebukuro district
BUSINESS / Companies
Aug 28, 2023
Sogo & Seibu labor union plans strike over possible sale
If the strike goes ahead on Thursday, it would be the first in Japan’s department store industry in about 60 years.
Sogo & Seibu's flagship Seibu Ikebukuro store in Tokyo's Toshima Ward
BUSINESS
Aug 2, 2023
Seven & I replaces Sogo & Seibu president to pave way for sale
The planned sale has been delayed twice due to local opposition to a plan to open a Yodobashi outlet in Seibu's flagship store in Ikebukuro, Tokyo.
Pedestrians outside a Seibu department store in Tokyo's Ikebukuro district in April
BUSINESS / Companies
Jul 31, 2023
Seven & I struggles to sell slumping Sogo & Seibu department stores
The holdup is centered around the flagship Seibu department store in Tokyo's Ikebukuro district, with the local government expressing rare opposition.
Japan Times
JAPAN / Regional voices: Chubu
Jul 17, 2023
Firms and authorities stop requiring staff to display names amid harassment
Concerns have been raised that name tags showing full names can lead to people identifying workers' personal information on social media.
Japan Times
JAPAN
Jun 15, 2023
Woman arrested after allegedly spraying substance at Osaka store, sending 14 to hospital
The suspect, a resident of the city of Osaka’s Abeno Ward, admitted to the allegations and said the substance was pepper spray, according to the police.
Japan Times
LIFE / Lifestyle
Apr 28, 2023
Nagoya's beloved 6-meter, 600-kilogram mannequin turns 50
First unveilied on April 28, 1973, the towering 'Nana-chan' will be celebrated with a day of performances and limited souvenirs.
Japan Times
BUSINESS / Companies
Jan 24, 2023
Department stores focus on sustainability for Valentine's Day gifts in Japan
Department stores in Japan are trying to ride a shopping wave for Valentine's Day confectionary gifts with products featuring sustainability.
Japan Times
BUSINESS
Nov 20, 2022
Mitsukoshi opens first store in Philippines to promote Japanese lifestyle products
The new Mitsukoshi BGC shopping mall, which opened Friday in an upscale district of Manila, offers a range of Japanese products including pastries and cosmetics.
Japan Times
BUSINESS / Companies
Nov 11, 2022
Seven-Eleven parent to sell Sogo & Seibu stores to U.S. fund
The U.S. investment fund said it will revamp the operator of Sogo and Seibu department stores by teaming up with electrical appliances retailer Yodobashi Camera.
Japan Times
BUSINESS / Companies
Nov 9, 2022
Fortress close to buying Japan’s Sogo & Seibu for over $1.4 billion
Discussions are in their final stage and an announcement could come as soon as Thursday, sources have said.
Japan Times
BUSINESS / Economy
Oct 24, 2022
Duty-free sales jump by up to twentyfold at Japan's department stores
Competition is seen heating up further in the Japanese retail industry amid efforts to respond to such demand from inbound tourists.

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