The first Takashimaya store was opened in Kyoto in 1831 as a sole proprietorship owned by Shinshichi Iida, a merchant from present-day Fukui Prefecture.

[4] In 1958, Takashimaya opened a store in New York City which eventually occupied 37,000 square feet of floor space at 693 Fifth Avenue.

The New York store closed in 2010 as Takashimaya chose to refocus on East and Southeast Asian markets amid struggling sales.

[7] In 1969, Takashimaya opened Japan's first American-style suburban shopping center near Futako-Tamagawa Station, to the southwest of Tokyo.

[8] In 2019, the company announced it would closing its mainland China store in Shanghai on August 25,[9] but retracted its decision after it gained support from local governments.