Japan's Seven & i in talks to sell department store unit Sogo & Seibu

Japan's Seven & i in talks to sell department store unit Sogo & Seibu

Kyoto, Japan. Photo: Alex Wolfe/Unsplash

Japanese retailer Seven & I Holdings Co Ltd is in final negotiations to sell its department store unit, Sogo & Seibu, the Nikkei business daily reported on Monday, amid investor pressure to focus on its core convenience store business.