Seibu Archives - Inside Retail Asia
Japanese department-store sales continue to fall
Japanese department store sales plunged 60 per cent last month as the Covid-19 crisis saw retailers close or operate under reduced hours across the country. Sales in the Matsuzakaya and Daimaru department stores were down 73.2 per cent year on year, although that was an improvement on the 79.1-per-cent decline a month earlier. Rival operator Takashimaya says its sales were down…
7-Eleven parent reports huge sales growth
7-Eleven parent Seven & I has reported a 15.8 per cent increase in net sales for the nine months to November.
Debenhams Indonesia to close by Christmas
The Debenhams Indonesia department store will close by the end of this year, local brand partner MAP as announced.
Seibu Malaysia to make debut in Kuala Lumpur
Seibu Malaysia will launch with a four-storey department store in Kuala Lumpur in 2019.
Meltdown for Glace et Chocolat dessert shop walls
New Tokyo dessert store Glace et Chocolat has an interior resembling melted ice-cream cake.
IPO plan for Starbucks Indonesia franchisee
Starbucks Indonesia franchisee Map Boga Adiperkasa listing 1 per cent of its shares in an IPO today.
US investor buys into Mitra Adiperkasa
US private-equity company General Atlantic has made its first investment in Indonesia by buying into lifestyle retailer Mitra Adiperkasa (Map).
Maison Margiela Japan opens in Ikebukuro
Maison Margiela Japan has opened a new boutique in the Seibu Department Store in Ikebukuro, Tokyo.
Philippine brand Rusty Lopez heads to Indonesia
Marikina fashion brand Rusty Lopez has expanded into Indonesia.
Seven & I store closures hit regions
Losses have forced two Seven & I store closures in regional Japan, both outlets after 40 years of trading.
Featured store: Seibu Shibuya, Tokyo
Nendo has recently completed the interior redesign of parts of the Seibu Shibuya department store in Tokyo.
Seven & I to launch online store
Japan’s Seven & I Holdings says it will open a giant online store in November.