Chongqing Far Eastern City to Close; SOGO: Pursuing Diversified Growth Through Multiple Business Models
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The SOGO store in Chongqing's Far Eastern City will cease operations on April 30, 2026, as part of a strategic adjustment by Far Eastern SOGO to its mainland China market approach. The company is shifting towards a 'multi-business model advancement' strategy, leveraging past successes in commercial real estate investment.