Department store sales decline
News On Japan via Yomiuri -- Aug 23
July sales for members of the Japan Department Stores Association fell to 575.9 billion yen, down 3.3 percent from a year ago on an existing store basis.
This year, stores launched their summer sales at different times and economists watched with interest the effect this had.
Data released Tuesday by the association shows all major department store chains experienced a fall in sales of between 1 percent and 3 percent. Economists said companies are likely to continue their trial-and-error efforts as a result.
Isetan Mitsukoshi Holdings Ltd. pushed back the start of summer sales from July 1 to July 13.
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