TOKYO (MNI) – Sales at supermarkets in Japan open for at least a
year rose 0.6% in February from a year earlier to Y925.2 billion,
marking the first y/y gain in 27 months, an industry group said on
Thursday.
The Japan Chain Stores Association attributed the increase to brisk
sales of foodstuffs and household products.
The figures are based on the combined sales at 62 supermarket
chains which together operate 7,927 outlets. The numbers have been
adjusted to facilitate comparison on a same-store basis.
Including sales at stores newly opened during the past year,
revenue fell 0.9% on year, down for the 39th consecutive month, after
falling 1.4% in January.The last time sales under this category rose
was in November 2007 (+0.5% y/y).
tokyo@marketnews.com
** Market News International Tokyo Newsroom: 81-3-5403-4835 **
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