Sogo & Seibu Co. will close its Seibu department store in Tokyo's Shibuya Ward at the end of September, company officials said Wednesday. The closure comes as the company failed to reach an agreement ...

Lifestyle International Holdings, which owns and operates Hong Kong’s Sogo department stores, reported a record loss of HK$1.3 billion (US$166 million) for 2021 on Friday, and said it was likely to ...

TOKYO (Reuters) -Japan's Seven & i Holdings Co Ltd said on Friday it will sell its Sogo & Seibu department store unit to U.S. fund Fortress Investment Group. Seven & i, operator of 7-Eleven ...

A one-day walkout by a labor union of Sogo-Seibu Co. did not ultimately prevent the parent company from selling the department store operator. However, an expert said the rare labor action, the first ...

TOKYO (Reuters) -Seven & i will sell department store unit Sogo & Seibu on Sept. 1, a source with direct knowledge of the matter said on Wednesday, triggering a plan for a walk-out at a flagship store ...

Seeking to protect thousands of jobs, a labor union of Sogo & Seibu department store is preparing to go on strike over plans to sell the company to a U.S. investment manager. The Sogo & Seibu Labor ...

Lifestyle International Holdings, the operator of Hong Kong’s popular Sogo department stores, saw its net profit plunge by a half last year even as sales and turnover grew. Total proceeds from sales ...

Hotel Sogo has come a long way with the opening of 3 more branches this year. This brings the hotel’s entire network to 45 branches and more in the pipeline. The hotel continues to live by its mission ...