Major Japanese Department Stores Post Lower Sales in March

Tokyo, April 2 (Jiji Press)--Three major Japanese department store operators on Tuesday reported declines in same-store sales in March from a year before because of lower spending by foreign visitors and sluggish demand for spring clothing amid unstable weather. Isetan Mitsukoshi Holdings Ltd posted a 1.6 pct sales fall, while Daimaru Matsuzakaya Department Stores Co. saw its sales drop 1.2 p...

Major Japanese Department Stores Post Lower Sales in March
Tokyo, April 2 (Jiji Press)--Three major Japanese department store operators on Tuesday reported declines in same-store sales in March from a year before because of lower spending by foreign visitors and sluggish demand for spring clothing amid unstable weather. Isetan Mitsukoshi Holdings Ltd posted a 1.6 pct sales fall, while Daimaru Matsuzakaya Department Stores Co. saw its sales drop 1.2 p...