Four major Japanese department stores suffer sales drops of 30%-40% Sorry, but your browser needs Javascript to use this site. If you re not sure how to activate it, please refer to this site: https://www.enable-javascript.com/
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.