Japan Convenience Store Sales Suffer 1st Drop in 8 Months

Economy

Tokyo, July 22 (Jiji Press)--Convenience store sales took the first downturn, albeit marginally, in eight months in June, the Japanese Franchise Association said Monday.

According to the association, same-store sales fell 0.02 pct from a year earlier to 860.2 billion yen, reflecting slow sales of cold products, such as beverages and ice creams, due to many rainy days.

The number of customers fell 2.2 pct to extend the losing streak to a fourth moth.

Meanwhile, per-customer spending rose for the eighth straight month, by 2.2 pct to 625 yen.

Although summer items fared poorly, fresh coffee and cooked foods displayed by cash registers, including fried chicken, continued to draw solid demand, association officials said.

[Copyright The Jiji Press, Ltd.]

Jiji Press