Seven & I to Sell The Loss Making Department Store Business Amidst Pressure From Investors
Nikkei reported yesterday that Seven & I Holdings (3382 JP) is in final negotiations to sell its underperforming department store business Sogo...
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J Front to Focus on Real Estate
J Front Retailing is the most diversified of the main dept. store operators. Even then however, its main assets are all in city centres and will...
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Senshukai Hopes for Rebirth with JR East
Senshukai has sought patrons before to help restructure, including J Front, but these have failed. It is trying again with JR East which is taking...
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Isetan-Mitsukoshi Losses Rising
Department stores are under unprecedented pressure. Most stores in Tokyo were entirely closed for April with just a few food services available in...
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Kintetsu: Hybrid Stores Replace Department Stores as Profits Lift
Kintetsu Dept Store (8244 JP) runs the fifth largest chain in the department store sector and the largest with no presence in Tokyo.Last year, its...
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