Thursday, December 23, 2010

Japan 10 month turnover decrease in new high shopping centre

Japan department stores Association 19 published data show that in October this year Japan National Department store turnover only 5135 billion yen (us $ approximately 1 89 yen), year-over-year decrease of 10.5% for 20 months in a row, year-over-year decline year-over-year decline over the last month, and for the same period, the highest in history.

This month's Japan department stores a turnover record decline is due mainly to the reduction of the income and employment prospects of worries, but Japan consumers buy more and more serious, the preference of the low-priced products also continues to deepen, so as to sell high-value products in store performance downturn.

From the product category, sales of clothing commodity month year-on-year decline 13.6 percent, to 28 months in a row, is lower than the year level; footwear, jewelry sales reduce 13.3% art and jewelry class high value items sales decrease 12.4%. However, in the field of environmental integration system stimulation, household electrical appliances sales 11.3% growth.

From a regional perspective, Tokyo and Nagoya area of department store sales continued double-digit decline year-over-year decrease of 13.1% respectively and 11.2%.

Japan department stores Association dinner a gang and Seta, said consumers on future income expected decline in the purchasing power decreases, so at the end of this year's "commercial" situation is even more challenging.

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