Japan Oct. Convenience Store Sales Down 1.5 Pct

Economy

Tokyo, Nov. 20 (Jiji Press)--Sales at convenience stores in Japan in October fell 1.5 pct from a year before to 819.3 billion yen on a same-store basis, logging the first decline in five months, the Japan Franchise Association said Tuesday.

Sales of cigarettes, which soared in September ahead of the Oct. 1 tobacco tax increase, fell back in the latest reporting month, helping dampen overall sales at convenience stores, association officials said.

The year-on-year decline was the largest since the 1.8 pct decrease in October last year, when Japan was hit by a typhoon.

Per-customer spending fell 2.0 pct to 602 yen, due partly to the slow tobacco sales.

Meanwhile, the number of shoppers edged up 0.5 pct, the first rise in two months, after slumping a year before because of the typhoon.

[Copyright The Jiji Press, Ltd.]

Jiji Press