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Major department stores Decrease in sales compared to the previous year in November

2019-12-02T09:20:14.587Z

Last month's sales of the five major department stores were below the same month last year, and the last-minute demand in response to the consumption tax hike continued.



Major department store Decrease in sales year on year in November Rebound from last-minute demand 18 December at 18:14

The sales of the five major department stores last month were below the same month last year, and the last-minute demand in response to the increase in the consumption tax rate continues.

According to the preliminary sales figures for last month, including the group stores announced by the 5 major department stores on the 2nd, all 5 companies were below the same month last year.

The rate of decrease was 8.3% at Daimaru Matsuzakaya Department Store, 7.3% at Isetan Mitsukoshi, 5.3% at Hankyu Hanshin Department Store, Sogo and Seibu, and 4.2% at Takashimaya.

This was due to the continued reaction to the last-minute demand accompanying the increase in the consumption tax rate, the decline in jewelry sales, and the fact that the high temperature continued mainly in the first half of the month, and winter clothes did not move. The main factor.

Compared with October, the decline was narrower compared to October, but the decline is still continuing.

A representative from Mitsukoshi Isetan Holdings said, “The mountain was bigger than we expected in September before the tax increase, and the valley was bigger. Talking

Source: nhk

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