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Story summary
- Sogo & Seibu will close its Seibu branch in Tokyo's Shibuya district at the end of September due to a failed lease amid area redevelopment.
- The store has faced declining profits from competition with nearby facilities.
- The Shibuya store's two main buildings will shut, with Loft occupying one building and Muji occupying another.
- The closure is the operator's first since Kawaguchi Sogo closed in 2021.
