Daimaru, Matsuzakaya in merger talks, eye No. 1 dept. group

Daimaru, Matsuzakaya in merger talks, eye No. 1 dept. group

OSAKA, Japan - Daimaru Inc., Japan's fourth-largest department store operator in sales terms, and the holding firm of Matsuzakaya Co., the eighth-largest, are in talks to integrate their operations and become Japan's biggest department store group, informed sources said Feb. 17. Two photos show Daimaru Shinsaibashi outlet in Osaka (L) and Matsuzakaya head store in Nagoya. (Kyodo)

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  • ILEA000035248
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