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Japan department store sales fall 4.6% in June

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(Globalpost/GlobalPost)

Japan's department store sales in June fell 4.6 percent from a year earlier on a same-store basis, declining for the third straight month after the April 1 consumption tax hike, an industry body said Friday.

Total sales in the reporting month at 241 stores operated by 84 companies stood at 488.4 billion yen, according to the Japan Department Stores Association.

While June had one fewer Saturday than a year earlier, sales were also affected by unfavorable weather conditions, the association said.

In the first six months of the year, department store sales totaled 3,052.4 billion yen, up 2.2 percent from a year earlier on a same-store basis and marking a first-half gain for the third consecutive year.

==Kyodo

http://www.globalpost.com/dispatch/news/kyodo-news-international/140718/japan-department-store-sales-fall-46-june