Fortress to maintain all Sogo and Seibu stores for now: sources

Fortress to maintain all Sogo and Seibu stores for now: sources

Fortress Investment Group, which has acquired Sogo & Seibu, plans to maintain a total of 10 Sogo and Seibu department stores in Japan and the employment of current store workers for the time being, it was learned Tuesday. Seven of the 10 department stores are located in the Tokyo metropolitan area. The other three are … Read more

Sogo & Seibu labor union begins strike at flagship Ikebukuro store

Sogo & Seibu labor union begins strike at flagship Ikebukuro store

Sogo & Seibu was cornered into closing its flagship Ikebukuro department store in Tokyo on Thursday, as its labor union launched a rare strike to express discontent over the planned sale of the department store unit by the parent firm Seven & I Holdings. About 900 members of the labor union representing Sogo & Seibu … Read more