Japan Retail News - Inside consuming Japan - Trends, Products, People, Tech - Market Entry Japan
  • Japan Retail News - Home
  • Japan's Retail Market
    • Japan Business Links
    • JapanTV ads (CM) >
      • JapanTVads-Food
      • JapanTVads-Refresh
      • JapanTVads-Beauty
      • JapanTVads-Fashion
      • JapanTVads-HighTech
      • JapanTVads-Cars
      • JapanTVads-Service
  • Japan Market Reports
    • List Japan Market Reports
    • Doing Business with Japanese
    • EyeWear Japan
    • Kitchen Market Japan
    • Solar Market Japan
    • Furniture & Interior Market Japan
    • Retail & Consumer Goods Japan
    • Cosmetics Market Japan
    • Machinery & Tools Japan
    • Semiconductor Market Japan
    • Automotive & Suppliers Japan
    • Automotive Aftermarket & Autoparts Japan
    • Luggage Market Europe
  • Japan Market Entry Services
  • About JRN
    • Contact

Retailing giant Daimaru Matsuzakaya opens doors

3/6/2010

 
Picture
Daimaru Inc. and Matsuzakaya Holdings Co. announced in 2007, that they would integrate under a joint holding company in September to create the nation's biggest department store group. The new retailing giant Daimaru Matsuzakaya opened for business this Monday now bringing the fruition of the huge merger to its customers.

Picture
The two companies' combined sales of 1.166 trillion yen in the business year to February 2006 top the 1.031 trillion yen posted by industry leader Takashimaya Co. Osaka-based Daimaru and Nagoya-based Matsuzakaya said they will set up a headquarters for the holding company in Tokyo.

Dating back in 2007, Daimaru, which operated 16 department stores nationwide, was the fourth-largest chain in the industry. Matsuzakaya was the eighth-biggest, operating nine outlets mainly in Nagoya, Tokyo and nearby cities.

Picture
Daimaru and Matsuzakaya continued operating their stores under their established names after integrating. The decision to merge was prompted by falling department-store sales caused in part by expanding supermarket and shopping-mall operators and the falling fertility rate.

Their integration is hoped to trigger further realignment in the retail industry. Daimaru and Matsuzakaya said they will try to cut operating costs and attract popular brands to their floors. They also said they will try to enhance operations in Tokyo.

The new chain,  combined under holding firm J. Front Retailing Co.. It will take over strategic planning and product procurement duties from J. Front to save costs amid the current deflation. (JapanTimesOnline)


Comments are closed.
    JRN logo
    JRN

    Archives

    August 2014
    July 2014
    June 2014
    May 2014
    April 2014
    March 2014
    February 2014
    January 2014
    December 2013
    November 2013
    October 2013
    September 2013
    August 2013
    July 2013
    June 2013
    May 2013
    April 2013
    March 2013
    February 2013
    January 2013
    December 2012
    November 2012
    October 2012
    September 2012
    August 2012
    July 2012
    June 2012
    May 2012
    April 2012
    March 2012
    February 2012
    January 2012
    December 2011
    November 2011
    October 2011
    September 2011
    August 2011
    July 2011
    June 2011
    May 2011
    April 2011
    March 2011
    February 2011
    January 2011
    December 2010
    November 2010
    October 2010
    September 2010
    August 2010
    July 2010
    June 2010
    May 2010
    April 2010
    March 2010
    February 2010
    January 2010
    December 2009
    November 2009
    October 2009
    September 2009
    August 2009
    July 2009
    June 2009
    May 2009
    April 2009
    February 2009
    January 2009
    December 2008
    November 2008
    October 2008
    September 2008
    July 2008
    June 2008
    May 2008
    March 2008
    November 2007
    February 2007
    July 2006
    April 2006
    March 2006

    Categories

    All
    3d
    Abenomics
    Advertising
    Airlines
    Ana
    Apple
    Apps
    Architecture
    Asahi
    Beer Japan
    Bicycle
    Books
    Cafes
    Cars Japan
    Coffee
    Cosmetics
    Culture
    Department Stores
    Design
    Disney
    Docomo
    Dogs
    Drinks
    Economy Japan
    Ecotech
    Education
    Energy
    Farming
    Fashion Japan
    Flu
    Food
    Food Labels
    Food Market
    Forever 21
    Fujitsu
    Furniture Japan
    Gadgets
    Games
    Globalization
    Haagen Dazs
    Health
    Health Care
    Hello Kitty
    Heritage
    Hightech
    Hm Japan
    Hobby
    Honda
    Hotels
    Household Spending
    Hybrid
    Ikea Japan
    Industry
    Interior Japan
    Kids
    Kitson
    Living Cost
    Merger&Acquisition
    Merger&Acquisition
    Mitsubishi
    Mobiles
    Music
    Nhk
    Nintendo
    Olympia
    Online Shopping
    Online Supermarket
    Panasonic
    Pets
    Private Label
    Product Labelling
    Public Transportation
    Qr Codes
    Railway
    Real Estate
    Retail Japan
    Robots
    Sanrio
    Sanyo
    Science
    Security
    Sega
    Service
    Shiseido
    Social Media
    Solar Energy
    Sony
    Space
    Sports
    Statistics
    Supermarkets
    Tobacco
    Toilet
    Toshiba
    Tourists
    Toyota
    Toys
    Trade Shows
    Tradition
    Travel
    Twitter
    Uniqlo
    Vitamins
    Vuitton
    Wealth
    Wearable Tech
    Women

     


Our motto ...

“I have no special talents. I am only passionately curious.” Albert Einstein

Stay in touch with JRN

 
Market Entry Japan request
> Get in touch with us/JRN
>> Speak to a Japan Expert
         Japan - a fascinating market with unique consumers buying extraordinary products. Be part of it.   Copyright © 2013 All rights reserved.   Japan Retail News© is powered by EJBC since 2005