25 June 2001, 10:37  Japan May dept store sales down 0.4 pct yr-on-yr vs flat in April

TOKYO (AFX-ASIA) - Department store sales in May fell 0.4 pct year-on-year, after being flat in April, due to a slowdown in corporate demand, despite an increase in operation days and renewal sales, the Japan Department Store Association said. The largest decline was household products, which fell 8.0 pct, followed by services, down 3.4 pct, and clothing, down 1.0. The biggest riser was personal products, which rose 3.9 pct, followed by "other" goods, up 1.0 pct, and restaurants, up 0.5.

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