Founder Shimomura Hikoemon Shokei | Ceased operations February 28, 2010 | |
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Fate Merged with Matsuzakaya Successor Daimaru Matsuzakaya Department Stores Co., Ltd. Defunct February 28, 2010 (2010-02-28) Parent organization J. Front Retailing Co. Ltd. | ||
Hong kong japanese store daimaru forced to close down
Daimaru (大丸) is a Japanese department store chain, principally located in the Kansai region of Japan. The chain is operated by Daimaru Matsuzakaya Department Stores, a subsidiary of J. Front Retailing. At one time Daimaru was an independent company, The Daimaru, Inc. (株式会社大丸), headquartered in Chūō-ku, Osaka.
Contents
- Hong kong japanese store daimaru forced to close down
- Time lapse osaka japan farewell w m vories daimaru shinsaibashi store demolition
- History
- Locations Japan
- References
Time lapse osaka japan farewell w m vories daimaru shinsaibashi store demolition
History
Daimaru traces its history to Dai-Monjiya, a dry goods store in Kyoto founded by Shimomura Hikoemon Masahiro in 1717. The name "Daimaru" was first used for a store in Nagoya called Daimaruya, which opened in 1728.
The chain was incorporated in 1907 and reincorporated as Daimaru Dry Goods K.K. in 1920, changing its name to Daimaru in 1928. For several years in the 1960s, Daimaru was the largest retailer in Japan. In the late 1970s, Daimaru was the first Japanese department store to open in Thailand. However, its branches in Hong Kong closed in 1998, and other branches in Melbourne Central (in direct competition with Myer and David Jones Limited) and the Gold Coast in Australia closed in 2002 after nearly a decade of low profits, followed by Singapore in 2003.
In 1960, Daimaru established a subsidiary called Peacock Sangyo. Now known as Daimaru Peacock, it operates 49 supermarkets in the Greater Tokyo Area, 28 in the Kansai region and 8 in the Chūbu region.
In 1998, Daimaru entered into a partnership with the French grand couturier Dominique Sirop to produce Dominique Sirop for Daimaru, a high fashion prêt-à-porter (ready-to-wear) label.