Department store sales slipped 12.3 percent in May from a year earlier on a same-store basis, down for the 15th month in a row, an industry group said Friday.
Sales totaled ¥511.26 billion, according to the Japan Department Stores Association. Despite recent signs of a pickup of the economy, department store sales remained sluggish in May with consumers cutting back spending amid the rising jobless rate and a decline in income, it said.
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