Sogo & Seibu Co., Ltd. · Tokyo Japan

Sogo & Seibu Co., Ltd. (formerly Millennium Retailing) is the department store arm of Japan's biggest retail conglomerate, Seven & I Holdings. Formed by the 2009 merger of Millennium Retailing, Sogo, and Seibu, the newly-formed holding company operates some 15 Seibu and about a dozen Sogo department stores and ranks as one of the largest operators of department stores in Japan. The merger was effected to capitalize on the well-known Sogo and Seibu names, reduce costs, and to foster collaboration with Seven & I as the Japanese department store industry struggles with weak personal consumption. Predecessor Millennium Retailing was formed by the merger of Seibu Department Stores and Sogo Co. in 2003.  To read the full description, subscribe now.