May Sales Drop at 3 Major Japanese Dept. Store Operators
Tokyo, June 3 (Jiji Press)--Three major Japanese department store operators posted year-on-year declines in same-store sales in May, because of a plunge in sales of luxury brand goods to foreign visitors, according to their reports released Monday.
Sales fell 6.2 pct at Takashimaya Co., 3.4 pct at Isetan Mitsukoshi Holdings Ltd. and 2.1 pct at Daimaru Matsuzakaya Department Stores Co. It was the third consecutive month that sales declined at all three companies.
(2025/06/03-11:39)
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