"Furniture sale" before the consumption tax increase August 19, 18:29
However, as the consumption tax rate in October is approaching, department stores in Tokyo are selling high-end furniture to capture the last-minute demand.
The “Seibu Ikebukuro Main Store” in Ikebukuro, Tokyo, has been selling high-priced furniture since the 24th of last month before raising the consumption tax rate. It is sold as cheap as possible.
In particular, sales of beds with prices ranging from 250,000 to 300,000 yen were strong, and sales of furniture from last month to the 18th increased by about 20% compared to the same period last year.
A 38-year-old woman living in Koto Ward said, “Furniture is expensive, so if the consumption tax goes up, it ’s 2% larger. If you like it, I want to buy it right away.”
The department store also wants to capture the last-minute demand before raising the consumption tax rate by increasing the inventory of cosmetics so that there are no missing items or increasing the number of items.