Japan’s Department Stores see Surge in June Sales
July 23, 2007
By Ken Worsley
After having seen sales drop 0.4% in May, the nation’s department stores saw a rise in sales for the first time since February of this year as June sales increased by a whopping 5.5% to 634.9 billion yen versus June of 2006.
The survey covered sales at 278 department stores operated by 94 companies nationwide. The surveyed shops reported employing 95,220 people, up 6.4% from a year ago. The total amount of shop space (measured in square meters) was unchanged.
Sales by category (nationwide):
- Clothing: +8.0%, at 36.6% of total sales
- Food: +3.3%, at 26.2% of total sales
- Furniture and home appliances: +2.0%, at 14.4% of total sales
- Household products: +1.1%, at 5.1% of total sales
- Services: +3.2%, at 0.9% of total sales
Broken down by major regions, only Hokkaido (-1.0%) and Tohoku (-0.4%) saw declines in sales, while Shikoku (6.1%) and Kanto (6.0%) saw the greatest increases. As far as cities go, all ten large cities surveyed saw increases in sales, with Nagoya posting the largest gains, at 10.6%.
Department store sales in Kyoto have now been on the rise for 8 months, longer than any other city, having see a 7.9% gain in June.
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[…] having a generally bad first half of the year, department store sales in Japan rose for the second time in June, by a healthy 5.5 percent. In July, however, sales fell 4.3% against the same month in […]