Japan's Seven & i in talks to sell department store unit Sogo & Seibu

Japan's Seven & i in talks to sell department store unit Sogo & Seibu

Kyoto, Japan. Photo: Alex Wolfe/Unsplash

Japanese retailer Seven & I Holdings Co Ltd is in final negotiations to sell its department store unit, Sogo & Seibu, the Nikkei business daily reported on Monday, amid investor pressure to focus on its core convenience store business.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter