BUSINESS Japan's department store sales log record fall in April


Japan's department store sales log record fall in April


20:54, May 01, 2020

TOKYO, May 1 (Xinhua) -- Japan's major department store operators Friday reported record monthly sales declines of more than 70 percent in April year on year, as their outlets closed or business hours shortened in response to a state of emergency declared by the government to contain the COVID-19 spread.


A woman walks past a 7-Eleven convenience store in Tokyo on January 22, 2019. (Photo: VCG)

Among them, Isetan Mitsukoshi Holdings Ltd. saw a decrease of 81.3 percent, while Takashimaya Co. said sales plunged 74.7 percent.

Meanwhile, J. Front Retailing Co., operator of Daimaru and Matsuzakaya department stores, saw a 79.1 percent drop in sales from a year earlier, while those of Sogo and Seibu Co. dived 71.4 percent.

In March, sales of the country's major department stores sank 33.4 percent, falling for the sixth consecutive month, according to the Japan Department Stores Association. Enditem

Terms of Service & Privacy Policy

We have updated our privacy policy to comply with the latest laws and regulations. The updated policy explains the mechanism of how we collect and treat your personal data. You can learn more about the rights you have by reading our terms of service. Please read them carefully. By clicking AGREE, you indicate that you have read and agreed to our privacy policies

Agree and continue