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Rakuraku Reaches Milestone of 50 Store Openings

GEO will open the 50th Luck Rack off-price store in Sakura, Chiba Prefecture, on 24 April 2026. This will bring the chain to 50 stores, and the company aims to build a network of 500 stores by fiscal 2035.

Worth reading
69In focus
0–100. This measures how worthwhile something is to read, not how good or bad the company is.
Direction
Improvement
Direction inferred from the company’s description.
Scale
50
Location
Wording
Conditional
How definitive the wording is.

Announced details

Luck Rack (Luck Rack)Luck Rack Aeon Town Yukarigaoka store
Applicable field (uses covered by this announcement)

Off-price retail, apparel, fashion accessories, general merchandise, cosmetics, and home fashion

Launch dateScheduled for 24 April 2026 (Friday), the new store's opening date
What the company reported numerically
Usage history

50 Luck Rack stores after the new store opens on 24 April 2026.

Relationship between the counterparty and the company
2nd RETAILING Co.,Ltd.2681
Relationship with the Company

GEO will open a store within the facility. 株式会社ゲオ is a group company of GEO HOLDINGS CORPORATION.

CounterpartyAeon Town Yukarigaoka (shopping center)

An urban shopping center in Sakura, Chiba Prefecture. It is the largest Aeon Town facility and serves as a daily-life hub for nearby residents.

Location (as indicated in this announcement)

2F, West District, Aeon Town Yukarigaoka, 6-12-3 Nishi-Yukarigaoka, Sakura, Chiba Prefecture

Approximately 108 tsubo of sales floor space, with approximately 10,000 products from approximately 100 brands.
Offering price

Always 30% to 90% off. During the opening sale, LINE friends will receive an additional 20% off the off-price prices, while all others will receive an additional 10% off, with some exclusions.

Impact on Business Performance

The announcement states that sales have remained solid and store profitability has been strong. However, it does not disclose a specific financial impact from the announcement.

The company does not address Contract Value.

Announced details
ItemDetails
Names of Products / Services CoveredLuck Rack (Luck Rack), Luck Rack Aeon Town Yukarigaoka store
CounterpartyAeon Town Yukarigaoka (shopping center)
Counterparty overviewAn urban shopping center in Sakura, Chiba Prefecture. It is the largest Aeon Town facility and serves as a daily-life hub for nearby residents.
Relationship with the CompanyGEO will open a store within the facility. 株式会社ゲオ is a group company of GEO HOLDINGS CORPORATION.
Offering priceAlways 30% to 90% off. During the opening sale, LINE friends will receive an additional 20% off the off-price prices, while all others will receive an additional 10% off, with some exclusions.
Launch dateScheduled for 24 April 2026 (Friday), the new store's opening date
Applicable areaOff-price retail, apparel, fashion accessories, general merchandise, cosmetics, and home fashion
Location2F, West District, Aeon Town Yukarigaoka, 6-12-3 Nishi-Yukarigaoka, Sakura, Chiba Prefecture
Location scaleApproximately 108 tsubo of sales floor space, with approximately 10,000 products from approximately 100 brands.
Usage history50 Luck Rack stores after the new store opens on 24 April 2026.
Impact on Business PerformanceThe announcement states that sales have remained solid and store profitability has been strong. However, it does not disclose a specific financial impact from the announcement.
Items this document does not state (7)
Contract ValueContract DateAward/certification nameAwarding / certifying bodyRegistration number and expiry dateQuantitative EffectsSource

These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.

The reasons the company gives

The company's own explanation, not something inferred from the numbers.

The company has expanded its store network by procuring large volumes at low prices using large warehouses, reducing product prices, and standardizing store operations. It also aims to raise awareness of off-price stores, expand sales channels, and contribute to the circular economy.

How to read this page

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Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.
Rakuraku Reaches Milestone of 50 Store Openings | 2nd RETAILING Co.,Ltd. (2681) timely disclosure | Komori