5 major department stores Increased sales by 2 companies in October 1 year and 1 month November 2nd 20:33

Last month's sales of five major department stores increased for the first time in a year and a month, as a reaction to the consumption tax hike in October last year.

According to the preliminary sales figures released by five major department stores last month, "Sogo & Seibu" increased by 6.3% and "Takashimaya" increased by 2.7% compared to the same month last year.



This is due to the reaction to the drop in sales due to the consumption tax hike in October last year, and it is the first time in a year and a month that sales have started to increase.



On the other hand, sales of "Mitsukoshi Isetan Holdings" decreased by 0.6%, "Hankyu Hanshin Department Store" decreased by 2.8%, and sales of "J. Front Retailing", which operates Daimaru and Matsuzakaya, decreased by 6.2%, but sales decreased by more than 30% due to the influence of the new coronavirus. Compared to September, when it was depressed, the rate of decrease has decreased significantly.



One of the department store staff said, "In addition to strong demand for food and kitchen utensils due to'needing demand', events such as product exhibitions have resumed, and the number of customers is gradually returning."