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Tuesday, April 25, 2006

Sales rise in departmental stores in Japan

Sales at the department stores in Japan rose to 2% in March. The total figure was 683.6 billion yen. The Departmental Stores Association said that this was the second straight month of gain. The department stores started to observe this raise from 2005. Last year the sales were up to 0.7 percent.

The statistics were collected on 96 chain stores who operate 282 stores around the country.

In January the sales dropped to 0.4% but in February it rose to 0.5%. The main reason behind this increase is the economic growth of the country.

The major sales products are clothing, food, furniture, home appliances, household products and restaurants and cafeterias.

However, sales of clothes were the highest among all other products. More than forty percent of the total revenue came from clothe sales.
Related Articles:
http://www.tradingmarkets.com/tm.site/news/ECONOMIC%20NEWS/230366/
http://futures.fxstreet.com/Futures/news/afx/singleNew.asp?menu=economicnews&pv_noticia=1145858456-f05e0f08-07507
http://www.tmcnet.com/usubmit/-lead-japans-fy-2005-department-store-sales-up-/2006/04/24/1599668.htm

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