Mitsukoshi

Mitsukoshi, Ltd.
株式会社三越
Subsidiary
Industry Retail
Founded 1673 Edo Honmachi (Nihonbashi Hongokuchō, Chūō, Tokyo), Japan
Founder Mitsui Takatoshi
Headquarters 1-4-1 Nihonbashi-Muromachi, Chūō, Tokyo, Japan
Parent Isetan Mitsukoshi Holdings Ltd. (100%)
Website www.mitsukoshi.co.jp
www.mitsukoshi.com.hk
The Mitsukoshi Department Store in the Nihonbashi section of Tokyo
Utagawa Hiroshige designed an ukiyo-e print with Mt. Fuji and Echigoya as landmarks. Echigoya is the former name of Mitsukoshi named after the former province of Echigo. The Mitsukoshi headquarters are located on the left side of the street.
Nihonbashi main branch
Nihonbashi main branch interior

Mitsukoshi, Ltd. (株式会社三越, Kabushiki-gaisha Mitsukoshi) is an international department store chain with headquarters in Tokyo, Japan. It is a subsidiary of Isetan Mitsukoshi Holdings, which also owns the Isetan department store chain.

History

It was founded in 1673 with the yagō (shop name) Echigoya (越後屋), selling kimonos. Ten years later in 1683, Echigoya took a new approach to marketing. Instead of selling by going door-to-door, they set up a store where buyers could purchase goods on the spot with cash. Mitsukoshimae Station on the Tokyo Metro is named after the adjacent Mitsukoshi department store.

Mitsukoshi is the root of Mitsui group. In the 1970s, Mitsukoshi bought the Oriental Nakamura department store in Nagoya and re-branded them as Mitsukoshi Nagoya.

Genichiro Inokuma designed the wrapping paper in white and red.[1]

In August 2007, it was announced that Mitsukoshi would merge into Isetan, a major department store in Japan.[2] Mitsukoshi TYO: 2779 was unlisted on March 26, 2008, and on April 1, it merged with Isetan under a joint holding company called Isetan Mitsukoshi Holdings Ltd. (TYO: 3099).

Stores

Japan

Courtesy bus for customers of Mitsukoshi's main store going to Tokyo station in 1932. Mitsukoshi was the first company to offer such a service in Japan.

Stores managed by Isetan Mitsukoshi Ltd.

Stores managed by other companies

  • Sapporo Store (Chūō-ku, Sapporo) 札幌店 - Sapporo Mitsukoshi Ltd.
  • Sendai Store (Aoba-ku, Sendai) 仙台店 - Sendai Mitsukoshi Ltd.
  • Nagoya Sakae Main Branch (Naka-ku, Nagoya) 名古屋栄本店 - Nagoya Mitsukoshi Ltd.
  • Hoshigaoka Mitsukoshi (Chikusa-ku, Nagoya) 星ヶ丘三越 - Nagoya Mitsukoshi Ltd.
  • Niigata Mitsukoshi (Nishibori-dōri) 新潟三越 - Niigata Isetan Mitsukoshi Ltd.
  • JR Osaka Isetan Mitsukoshi (Umeda, Kita-ku, Osaka) JR大阪三越伊勢丹
  • Hiroshima Mitsukoshi (Naka-ku, Hiroshima) 広島三越 - Hiroshima Mitsukoshi Ltd.
  • Takamatsu Mitsukoshi 高松三越 - Takamatsu Mitsukoshi Ltd.
  • Matsuyama Mitsukoshi 松山三越 - Matsuyama Mitsukoshi Ltd.
  • Fukuoka Mitsukoshi (Chūō-ku, Fukuoka) 福岡三越 - Iwataya Mitsukoshi Ltd.

Closed stores

Taiwan

The stores in Taiwan are named Shin Kong Mitsukoshi Department Store, a collaboration between the Shin Kong Group and Mitsukoshi. The first Shin Kong Mitsukoshi store opened at Nanjing Road in Taipei in 1991.

Hong Kong

The first Mitsukoshi in Hong Kong, covering 12000 sq meters on 4 levels, opened at 500 Hennessy Road, Causeway Bay on 26 August 1981. A second store opened in 1988 in the Sun Arcade in Tsim Sha Tsui, but it closed in 1995. Mitsukoshi closed its original Causeway Bay store on 17 September 2006, due to the redevelopment of Hennessy Centre.[4]

China (mainland)

Korea

In 1930, Mitsukoshi opened their department store (京城三越) in downtown Seoul. After the liberation of Korea and the defeat of Japan in 1945, Samsung took over this store and renamed it Shinsegae (신세계; Shinsegae; lit. New World).

Europe

Italy

  • Rome (Via Nazionale)

Former stores in Europe

  • London (Piccadily) - The London store opened in 1979 and closed in 2013.[6] It was a popular shopping destination for Japanese visitors, and also incorporated a restaurant. It was located on Lower Regent Street, alongside the Japan Centre (which has now relocated) and a small cluster of Japanese restaurants. At the end of June 2013 a large red poster was displayed in the window of Mitsukoshi London department store which read '34年間ありがとうございます Closing Down Sale' which means 'Thank you for 34 Years'.
  • The three German stores of Düsseldorf, Frankfurt and Munich as well as the Milan shop closed in 2008 and 2009, the Paris shop closed in 2010 (and the Paris cultural center in 2011).[3][5]

North America

References

  1. "Archived copy". Archived from the original on 2003-11-19. Retrieved 2013-04-07.
  2. http://www.mitsukoshi.co.jp/pc/corp/pdf/0070823.pdf 株式会社伊勢丹と株式会社三越との共同持株会社設立による 経営統合に関するお知らせ August 23, 2007 (in Japanese)
  3. 1 2 http://www.hurriyetdailynews.com/h.php?news=mitsukoshi-to-close-six-stores-2008-09-26 Mitsukoshi to close six stores
  4. http://www.japantimes.co.jp/news/2006/09/18/national/mitsukoshi-pulls-out-of-hong-kong-after-25-year-run/#.WGX13VxrM3E
  5. 1 2 http://www.mitsukoshi.co.jp/store/world.html (in Japanese, translation) lists only the London and Roma store remaining in Europe. It lists the Shanghai store.
  6. https://sequinsandcherryblossom.com/2013/09/01/london-mitsukoshi/
  7. Mitsukoshi Cultural Representative Program "Archived copy". Archived from the original on 2007-03-15. Retrieved 2007-01-27.
  8. https://www.nytimes.com/1979/03/16/archives/mitsukoshi-opens-here.html
  9. https://www.nytimes.com/1991/06/19/business/noted-japanese-retailer-plans-ritz-tower-store.html
  10. http://asia.nikkei.com/Business/Consumers/Isetan-Mitsukoshi-opens-a-popup-store-in-New-York
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