Clothing sales pounded as Japan’s supermarket sales fell 1.6% in October
November 25, 2008
By Ken Worsley
Following a 2.2% decline in September, supermarket sales in Japan fell a further 1.6% in October on a year-on-year basis, according to figures released today by the Japan Chain Store Association.
Here is a breakdown of October’s adjusted figures (not including stores opened within the past twelve months):
- Food: +1.1%, 62.4% of total revenue
- Household Products: -3.7%, 19.7% of total revenue
- Clothing: -10.8%, 11.6% of total revenue
- Miscellaneous Items: -3.4%, 6.0% of total revenue
- Services: +4.6%, 0.4% of total revenue
When stores opened within the past twelve months are included in the figures, Japan’s supermarkets saw a 5.2% decline in sales compared to a year ago. The total number of shops open declined by 20 to 8,724, while sales per square meter fell 4.9%. The total number of employees fell 2.8% to 437,847.
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