• Kyodo News


Sales at most major department stores fell around 10 percent in December from a year earlier as the economic downturn dampened spending on luxury items and clothing during the holiday season, according to company figures released Monday.

Takashimaya Co. said sales dropped 10.2 percent despite a yearend bargain sale, declining for all major items excluding groceries and artwork.

In a time of both misinformation and too much information, quality journalism is more crucial than ever.
By subscribing, you can help us get the story right.