Takashimaya Started providing financial services at Tokyo stores Investment trust sales brokerage, etc.June 17, 12:29
A major department store, Takashimaya, has set up a dedicated counter at a store in Tokyo and has begun providing financial services such as brokering investment trust sales. With sales continuing to decline, the aim is to grow the financial business into a new revenue source.
At the counter newly established by Takashimaya at a store in Nihonbashi, Tokyo, eight people, including staff with experience working at securities companies and financial institutions, will be consulting about asset management centered on department store customers.
In addition to brokering the sales of approximately 2600 types of investment trusts of affiliated securities companies, it will also act as wills and real estate trusts according to needs.
In the department store industry, where sales have been declining due to fierce competition with specialty stores and shopping centers, the new coronavirus has made the business environment even more difficult.
For this reason, we would like to take advantage of the strengths of department stores, which have many high net worth customers, to grow the financial business into a new revenue source.
Yoshio Murata, president of Takashimaya, said, "The consumer's desire to live a rich life through the new coronavirus will increase, and the role of financial services will increase. I want to create products that meet the needs of users." I was talking.
The Marui Group, which operates commercial facilities in a major retail business, has also set up an Otoshito securities company to sell investment trusts.