Major department stores' March sales Lehman shock surpassed fall April 1 18:12
Due to the spread of the new coronavirus, major department stores saw sales fall by up to 40% compared to the same period last year, a sharp drop over the Lehman Shock and immediately after the Great East Japan Earthquake.
Major department stores have announced preliminary sales figures for one day <last month.
According to that,
ＪJ. Has Daimaru Matsuzakaya department store under its umbrella. Front Retailing decreased by 41.4%,
▽ Hankyu Hanshin Department Store 38.1%,
伊 Isetan Mitsukoshi Holdings and Takashimaya account for 35.1%,
▽ Sogo and Seibu account for 31.9%,
Each greatly reduced.
In each case, the decline was much greater than immediately after the Lehman Shock and the Great East Japan Earthquake.
This is due to the spread of the new coronavirus, which drastically reduced the duty-free sales of foreign tourists at all companies, reduced the number of customers visiting domestic stores, and reduced the number of customers visiting stores. This is due to the shortening of time.
One of the department store officials said, "It is a very difficult situation. Now we have to work on a safe and secure store and wait for the infection of the new coronavirus to subside."