Daimaru

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.[1]

The Daimaru, Inc.
株式会社大丸
TypePublic KK
IndustryRetail
FateMerged with Matsuzakaya
SuccessorDaimaru Matsuzakaya Department Stores Co., Ltd.
FoundedKyoto, Japan (April 16, 1920 (1920-04-16))
DefunctFebruary 28, 2010 (2010-02-28)
HeadquartersChūō-ku, Osaka, Japan
ProductsDaimaru department stores
Daimaru Peacock supermarkets
Revenue467.0 billion yen (2009)
Number of employees
3,292 (2007)
ParentJ. Front Retailing
Websitedaimaru.co.jp/english/index.html

History

Daimaru is the landmark of Shinsaibashi, Osaka as a modern architecture built on 1922
Kobe Daimaru at night
Kobe Daimaru Interior

Daimaru traces its history to Dai-Monjiya, a dry goods store in Kyoto founded by Shimomura Hikoemon Masahiro in 1717.[2][3] 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, under the name Thai Daimaru. Its branches in Hong Kong closed in 1998,[4] 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,[5][6] followed by Singapore in 2003.[7]

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.

As of 2016, Daimaru had seven stores in Japan, and employed about 3,000 people.[2]

Locations (Japan)

References

  1. "会社概要." Daimaru. January 27, 1998. Retrieved on December 15, 2010. "本社ビル所在地 大阪市中央区南船場4丁目4番10号"
  2. Stuart D.B. Picken (19 December 2016). Historical Dictionary of Japanese Business. Rowman & Littlefield Publishers. pp. 110–. ISBN 978-1-4422-5589-0.
  3. Japanese Yearbook on Business History. Japan Business History Institute. 1996. p. 114.
  4. Lui, Tai-Lok. Gordon, Mathews. [2001] (2001) Consuming Hong Kong. HK University Press. ISBN 962-209-546-1.
  5. Kate Tozer (21 June 2002). "Melbourne's Daimaru closes down". The World Today. Australian Broadcasting Commission. Retrieved 12 March 2013.
  6. Lyall Johnson (June 20, 2002). "Daimaru to go out with a bargain or two". The Age. Fairfax Media. Retrieved 12 March 2013.
  7. Australian Business Intelligence (July 2, 2002). "Daimaru of Japan says it will close all stores overseas". HighBeam Research. Archived from the original on March 4, 2016. Retrieved 12 March 2013.
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.