J. Front Snapshot
J. Front Retailing fronts the retail operations of leading Japanese department stores The Daimaru and Matsuzakaya Holdings. The holding company was created by the merger of the two ailing rivals in 2007. The Daimaru, founded as a drapery shop in 1717, operates about 15 upscale shops in western Japan. Matsuzakaya, founded in 1611 as a kimono retailer, runs eight department stores in central Japan, including its flagship location in Nagoya. J. Front's Peacock Stores unit operates some 90 supermarkets in the Chubu, Kansai, and Tokyo districts of Japan. The company's other activities include construction, credit services, direct marketing, furniture making, restaurants, and wholesale textiles.