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Japan supermarket sales fall 6.6% in March

According to data released earlier today by the Japan Chain Stores Association, supermarket sales in Japan fell 6.6% to 976.18 billion yen in March. Supermarket sales have now fallen for 16 consecutive months.

Here is a breakdown of March’s adjusted same-store figures (not including stores opened within the past twelve months):

• Food: -6.2%, 62.9% of total revenue
• Household Products: -7.4%, 19.8% of total revenue
• Clothing: -8.7%, 10.5% of total revenue
• Miscellaneous Items: -4.1%, 6.3% of total revenue
• Services: -4.8%, 0.4% of total revenue

All five major categories (and all 13 sub-categories) saw a decline in sales in March.

The Japan Chain Store association also released figures for fiscal 2009 as a whole. As expected, supermarket sales fell for the entire year, showing a 4.4% decline in FY2009. For the full year, supermarket sales were at 12.69 billion yen and fell below the 13 billion yen mark for the first time in 21 years.

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