Major department store first half May sales drastically reduced by 80-90% or more New Corona May 15 18:05
The sales of two major department stores since the start of this month have fallen by 80% to 90% compared to the same period last year. The impact of the temporary closure of stores following the government's declaration of emergency is increasing.
From the 1st to the 14th of this month, Isetan Mitsukoshi Holdings decreased 94% compared to the same period last year, and Takashimaya also decreased 81.7%, showing a large drop.
This is due to the spread of the new coronavirus infection, and Isetan Mitsukoshi closed all over the main store in the metropolitan area in response to the announcement of an emergency situation last month, and many stores in Takashimaya. Because it is closed except for the food floor.
Before the outbreak spread, the tax-free sales of foreign tourists, who supported the performance of each company, reached 1% of the same period last year for both Isetan Mitsukoshi and Takashimaya from 1 to 14 this month. not.
On the 14th, major department stores are reopening their stores in 39 prefectures where the declaration of emergency has been lifted, while stores in the Tokyo metropolitan area, where declarations are continuing, are closed except for the food floor. There are many places that continue to do so, and the difficult business environment for departments seems to continue for the time being.