Article: Isetan, Meitetsu Department Store to form business alliance.

Feb. 25--NAGOYA -- Tokyo-based department store operator Isetan Co., Nagoya-based Meitetsu Department Store Co. and Meitetsu's parent firm Nagoya Railroad Co. said Friday they will tie up in developing products and establishing a merchandise sales system.

The companies said they will also cooperate in setting up sales plans and procuring items in a bid to cut costs and survive growing competition in the retail market.

Under the deal, Isetan will dispatch management in charge of sales and provide the merchandise sales system to Meitetsu to ...

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