What: Isetan is to close its Shanghai store after 27 years of operations.

Why it is important: Japanese conglomerates are slowly refocusing on national operations.

The Isetan Department Store located at Westgate Mall in Shanghai is set to close by the end of June after operating for over 27 years. The closure is due to the lease expiration. Customers are encouraged to utilize their membership credits before June 30, as perks and e-coupons/vouchers will expire starting July. Details on follow-up promotions will be announced on their official WeChat account. Post-closure, Isetan Mitsukoshi Group will only have one store remaining in China, located in Tianjin.

Isetan to close their Shanghai store