Isetan
Isetan
Japanese department store chain
Isetan (伊勢丹, Isetan) (TYO: 8238 unlisted on March 26, 2008, SGX: I15 ) is a Japanese department store. Based in Shinjuku, Tokyo, Isetan has branches throughout Japan and South East Asia, including in Jinan, Kuala Lumpur, Selangor, Shanghai, Singapore and Tianjin, and formerly in Bangkok, Hong Kong, Kaohsiung, London, and Vienna.
 | |
| Company type | Subsidiary |
|---|---|
| Industry | Retail |
| Founded | 1886; 138 years ago (1886), Hatagomachi, Kanda (Sotokanda, Chūō), Tokyo, Japan as Iseya Tanji Gofukuten |
| Founder | Tanji Kosuge |
| Successor | Isetan Mitsukoshi Ltd. |
| Headquarters | 14-1 Shinjuku 3-chōme, Shinjuku, Tokyo, Japan |
| Parent | Isetan Mitsukoshi Holdings Ltd. (100%) |
| Website | www |
 | This article needs additional citations for verification. (February 2017) |
On April 1, 2008, Isetan and Mitsukoshi were merged under a joint holding company called Isetan Mitsukoshi Holdings Ltd. (TYO: 3099).
Shinjuku flagship
| Name | Type | Country | City | Opened | Closed | Size | Annual Sales | ||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Sq m | Sq ft | Year | Millions |
Millions |
Year | ||||||
| Isetan Shinjuku | Owned | Japan | Tokyo | Sep 28, 1933[1] | open | 64,296[1] | 692,080 | 2007 | 256,980m | 2,357m[1] | 2007 |
| |||||||||||
| Isetan Tachikawa | Owned | Japan | Tokyo | Oct 10, 1947 | open | 40,060 | 431,202 | 2007 | 40,535m | 371.85m[1] | 2007 |
| |||||||||||
| Isetan Kichijōji (ja) | Owned | Japan | Tokyo | Nov 10, 1971 | Mar 14, 2010[ja] | 20,758 | 223,437 | 2007 | 18,274m | 167.64m[1] | 2007 |
| Isetan Matsudo(ja) | Owned | Japan | Chiba | Apr 19, 1974 | Mar 21, 2018[ja] | 33,109 | 356,382 | 2007 | 29,010m | 266.1m[1] | 2007 |
| Isetan Urawa | Owned | Japan | Saitama | Apr 22, 1981 | open | 29,355 | 315,975 | 2007 | 52,775m | 484.13m[1] | 2007 |
| Isetan Sagamihara (ja) | Owned | Japan | Kanagawa | Sep 25, 1990 | Sep 30, 2019[ja] | 40,906 | 440,309 | 2007 | 32,490m | 298.1m[1] | 2007 |
| Isetan Fuchū (ja) | Owned | Japan | Tokyo | Apr 3, 1996 | Sep 30, 2019[ja] | 34,102 | 366,102 | 2007 | 24,884m | 228.27m[1] | 2007 |
| JR Osaka Mitsukoshi Isetan | JV** with JR West | Japan | Osaka | 2014[2] | 50,000 | 538,196 | |||||
| |||||||||||
| JR Kyoto Mitsukoshi Isetan | JV** with JR West | Japan | Kyoto | open | |||||||
| |||||||||||
*at current exchange rate **joint venture with
Other joint venture stores
- Niigata Isetan (Chūō-ku, Niigata, operated by Niigata Isetan Mitsukoshi, Ltd.)
- Shizuoka Isetan (Aoi-ku, Shizuoka, operated by Shizuoka Isetan, Ltd.)
- West Japan Railway Isetan Ltd. (2, see table above)
- Iwataya (Tenjin, Chuo-ku, Fukuoka, operated by Iwataya Mitsukoshi Ltd.)
- HaMaYa Department Store (Nagasaki)
Other closed branches
Branches in Southeast Asia
Kuala Lumpur - (Suria KLCC, The Gardens at Mid Valley City, Lot 10 (as ISETAN The Japan Store)),
Selangor - Mitsui Outlet Park KLIA (as Isetan Outlet Store))
Singapore (Shaw House and Centre, NEX and Tampines Mall)
Isetan previously opened at Orchard's Wisma Atria, a neighboring shopping mall to Isetan Scotts branch, but closed in March 2015, and converted for rental purposes. Currently the space, leased to Isetan, was filled with Mango, iora, Salon Vim, DRx Medical Aesthetic Clinic, YANN VEYRIE SALON, Franck Muller, Gautier Stylish French Living, Longines, World of Watches, UCHINO MYMY, SCANTEAK, and Sony.
Several stores were closed down due to COVID-19 pandemic. These include Westgate, of which it was closed down on 8 March 2020,[3][4] followed by CentralWorld store at Bangkok while restaurant zone and Kinokuniya Bookstores will still remain.,[5][6][7] and the closure of Parkway Parade branch on 31 January 2022,[8][9] and also the closure of 1 Utama branch on 5 April 2022.[10][11][12][13] Also the Japan Food Town, the cluster of Japanese restaurants on the fourth floor of what previously known as Isetan Wisma Atria was shuttered. Prior to closure, some tenants were already moved out. Isetan has already received offers from external parties interested to lease its space.[14]
Branches in China
Closed branches outside Japan
Barcelona, Closed down in August 1993.
Tsim Sha Tsui, Opened in May 1973. Closed down on 1996.
London, Opened in August 1989. Closed down in December 2000.
Vienna, Opened in April 1990. Closed down in August 2003.[15]
Kaohsiung, Opened in November 1992. Closed down in March 2008.- Singapore Westgate, Opened on 2013. Closed down on March 8, 2020.
Bangkok (CentralWorld), Opened on April 8, 1992. Closed down on August 31, 2020.- Singapore Parkway Parade, Opened on 1983. Closed down on January 31, 2022.
- Petaling Jaya (1 Utama), Opened on November 2011. Closed down on April 5, 2022.
- Annual Report 2007 (PDF) (Report). Isetan Company Ltd. 2007. p. 34. Retrieved 20 November 2023. Store size is not published in their later e.g. 2023 annual report.
- Nakamura, Naofumi (23 Jan 2014). "Isetan Mitsukoshi retreats from Osaka's department store wars". Nikkei Asia. Retrieved 20 November 2023.
- hermesauto (6 May 2019). "Isetan not renewing lease of 'loss-making' Westgate store". The Straits Times. Retrieved 7 May 2019.
- "Isetan will not renew lease of 'loss-making' Westgate store". CNA. Archived from the original on 7 November 2020. Retrieved 7 May 2019.
- "Isetan to Withdraw from Bangkok". nippon.com. 2020-03-15. Retrieved 2020-03-16.
- "Isetan at Parkway Parade to close in March 2022 after 39 years". mothership.sg. Retrieved 2021-08-30.
- hermesauto (2021-08-13). "Isetan Singapore closing Parkway Parade store by March 2022". The Straits Times. Retrieved 2021-08-30.
- "Isetan 1 Utama is Closing Down". 17 November 2021. Retrieved 2021-11-18.
- Chalil, Melanie (18 November 2021). "Isetan announces closure of 1 Utama outlet after 10 years of operations | Malay Mail". www.malaymail.com. Retrieved 2021-11-18.
- BH, Wartawan (2021-11-17). "Isetan tutup gedung di 1 Utama". Berita Harian. Retrieved 2021-11-18.
- "Isetan 1 Utama To Close Down Next Year After 10 Years". Hype Malaysia. 2021-11-18. Retrieved 2021-11-18.
- hermesauto (2020-03-06). "Japan Food Town shuttered, lease terminated by landlord Isetan". The Straits Times. Retrieved 2020-03-16.
- "Press Release "Closing of Vienna Isetan"" (PDF). 14 March 2003.