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Four major Japanese department stores suffer sales drops of 30%-40%
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A Takashimaya department store employee brandishes hand sanitizer at the entrance of an outlet in Osaka in May. | KYODO
Jiji
Jan 15, 2021
Four major Japanese department store operators saw their sales in the March-November period last year drop by around 30% to 40% from a year before, according to their earnings reports released by Thursday.
The sales declines are due chiefly to temporary store closures last spring and a significant decrease in the number of foreign travelers to Japan amid the novel coronavirus pandemic.

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