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Labor union members at Japanese department store operator Sogo & Seibu Co. went on strike at its flagship Tokyo store Thursday in a rare work stoppage amid job security concerns stemming from the parent company's plan to sell the chain to a U.S. fund. ....
Tokyo, Aug 31 (EFE).- The union of employees of a well-known shopping center in Tokyo began a strike Thursday against the acquisition of the company that owns it by an American firm, the first protest of its kind in the sector in six decades. Some 900 workers at the Seibu Ikebukuro shopping center did not … ....
Rest of World News: Workers at a major Tokyo department store went on strike on Thursday after talks with management over the planned sale of their company broke down, ma ....
Sogo & Seibu Strike Shuts Tokyo Store Ahead of Seven & I Deal bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.
TOKYO (Reuters) -Workers at a major Tokyo department store went on strike on Thursday after talks with management over the planned sale of their company broke down, marking the first major walk-out the country has seen in decades. Some 900 workers at the flagship Seibu store in the bustling district of Ikebukuro are protesting the planned sale of their company Sogo & Seibu, a unit of retail giant Seven & i, to U.S. fund Fortress Investment Group. Critics, which include local officials in Ikebukuro, argue that such a change, which would replace many individual boutiques in store, would also cheapen the store's image. ....