September 18, 2010

Japanese customers changing shopping preferences,department stores see 30 month sales decline continue

"August...department (stores sales) in Japan fell 3.2 percent from the same month last ear, posting the 30th straight month of year-on-year decline.The Japanese Department Stores Association reported sales at 263 department stores across Japan in August at more than 434.6 billion yen or about 5 billion dollars"

Source:Department stores sales down 30 straight months

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