TOKYO -- Rehabilitation plans for Sogo & Seibu will focus on store renovations, including for the Seibu department store in Tokyo's Ikebukuro district, with a budget of 60 billion yen ($40.9 million), Nikkei has learned.
Retail
Fortress to invest $40m in renovations for Sogo & Seibu outlets
Japan department store operator will improve flagship location; no layoffs planned
Sogo & Seibu will spend about 40 billion yen on renovating its flagship Ikebukuro department store. (Photo by Yukihiro Omoto)
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