United States

Department Stores

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J.Front Retailing says merger of two units

Tuesday, 28 Jun 2016 02:03am EDT

J.Front Retailing <3086.T>: Says a Tokyo-based department store wholly owned subsidiary will merge with an Osaka-based real estate lease wholly owned subsidiary on Sep. 1 .Says the Tokyo-based subsidiary will remain and the Osaka-based subsidiary will dissolve after merger.

Hangzhou Jiebai Group to transfer assets and liabilities to unit

Monday, 11 Apr 2016 08:00pm EDT

Hangzhou Jiebai Group Co Ltd:Says company to transfer part of assets and liabilities to wholly-owned unit, a commercial company, to adjust and refine operating structure.Says assets and liabilities to be transferred are valued at 1.15 billion yuan and 387.9 million yuan respectively.

Matsuya to merge Tokyo-based subsidiary

Thursday, 31 Mar 2016 02:00am EDT

Matsuya Co Ltd:Says to merge a wholly owned Tokyo-based subsidiary that engaged in management and brokerage business of wedding place, banquet place and meeting place.Says subsidiary to be dissolved after merger.Planned effective July 1.

Isetan Mitsukoshi Holdings to transfer business to subsidiary

Thursday, 28 Jan 2016 11:00pm EST

Isetan Mitsukoshi Holdings Ltd:Says to transfer investment business to a new wholly owned subsidiary that established on Jan. 20 in Japan.Planned effective April 1.

Matsuya unit to transfer business to co's new subsidiary

Thursday, 14 Jan 2016 01:00am EST

Matsuya Co Ltd:Says its Tokyo-based subsidiary to transfer whole wedding business to the co's new subsidiary which to be established on April 1.

Macy's Inc outlines cost efficiency initiatives and lists store locations to be closed

Wednesday, 6 Jan 2016 04:00pm EST

Macy's Inc:Says measures that will reduce sg&a expense by approximately $400 million.Says consolidating the grouping of existing macy's stores into five Regions and 47 local districts.Says reducing an additional 600 positions in back-office organizations.Company today listed 40 macy's store closings.Of the 40, 36 will be closed in early spring 2016.Approximately $200 million of charges, of which about $165 million is expected to be cash, are expected to be booked in Q4 of 2015.Average of 3 to 4 positions to be affected in macy's and bloomingdale's about 770 going-forward stores, for 3,000 affected associates nationwide.Approximately 35 percent of executive positions granted voluntary separation opportunity, will not be replaced.

Zhongxing Shenyang Commercial Building Group to dissolve wholly owned subsidiary

Wednesday, 30 Dec 2015 07:00pm EST

Zhongxing Shenyang Commercial Building Group Co Ltd:To dissolve a wholly owned Fushun-based commerce subsidiary.

Aeon to take over asset and debt from The Daiei and transfer asset to AEON RETAIL

Thursday, 17 Dec 2015 01:00am EST

Aeon Co Ltd:To take over asset and debt from its wholly owned subsidiary The Daiei, Inc., effective on March 1, 2016.To transfer assets to its wholly owned subsidiary AEON RETAIL Co., Ltd., effective on March 1, 2016.


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