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Japanese Department Stores Rebound From Coronavirus

This is a syndicated repost published with the permission of Statista | Infographics. To view original, click here. Opinions herein are not those of the Wall Street Examiner or Lee Adler. Reposting does not imply endorsement. The information presented is for educational or entertainment purposes and is not individual investment advice.

Supermarket and convenience store sales – seen as important indicators in the Japanese market – remained consistent throughout the coronavirus pandemic, numbers from the Ministry of Economy, Trade and Industry show. Supermarket sales were predictably emboldened by the crisis, but sales in convenience stores, a popular and ubiquitous choice for Japanese shoppers, also did not budge.

Department stores sales were affected by the crisis and sales plummeted from around $4 to $5 billion a month throughout 2019 to a low of $1.3 billion in April of 2020. In June, sales were back up to around $4 billion and stayed stagnant in July.

This chart shows total monthly sales in Japanese supermarkets, convenience stores and department stores in 2019 and 2020.

total sales in Japanese supermarkets convenience stores department stores

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