Tokyo, Nationwide Department Store Sales Down in July

August 22, 2007
By Ken Worsley

July Department Store Sales results were published by the Japan Department Stores Association on August 17th, and I read them, but was remiss in not posting anything on them. Nonetheless, here’s what we saw:

After 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 2006.

The survey covered sales at 278 department stores operated by 94 companies nationwide. The surveyed shops reported employing 95,069 people, up 6.5% from a year ago (though down 151 people from June). The total amount of shop space fell by 0.8% to 6,757,146 square meters.

The only large city that saw a rise in sales over last year was Kyoto, which posted a 0.6% increase in sales. Sapporo (-6.3%), Yokohama (-6.1%), and Fukuoka (-5.2%) all saw strong falls.

Sales at Tokyo’s 28 department stores fell for the first time in three months, showing a 3.9% decrease. In June, department store sales in Tokyo had surged up by 7.4%.

Filed Under Business, Department Stores, Economic Reports, Retail

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