Sales SC Fall 1.3% last November
Estimated Total SC Sales Figure Totals 2,310.4 Billion Yen
(Up 1.5% Compared with Same Month last Year)
November sales of previously established shopping centers fell by 1.3% remaining negative for a third consecutive month compared with the figure for the same month of the previous year.
Despite positive factors such as customer appeal generated by low-priced goods and an increase of business days due to an extra three Saturdays/Sundays, the consumer's appetite remained on the decline as it was negatively inspired by major psychological motives such as anxiety arising from an unstable employment market resulting from worsening business performances.
In a mood similar to that prevailing last month, falling stock prices continued to cast a shadow over sales of high-priced goods such as jewelry items and precious metals and moreover created a cautious mood among consumers leading to poor sales of clothing items, thereby indicating that SC sales conditions remain austere.
Bright spots to notice were the increase in customer numbers at some SC and positive sales in the three areas of Hokkaido (1.5%), Kanto (0.3%) and Kyushu・Okinawa (2.0%) although these merely served to accentuate the tendency for sales to polarize according to the size of the SC and there are as yet no signs of a true recovery.
＊This survey has been compiled from information obtained after sampling 1,000 SC according to location and size from among 2,804 SC - the total number of SC at the end of December 2007.
＊This survey is based on the 571 SC samples obtained, the sample retrieval rate being 57.1%.
＊(Estimated) total sales of SC for November have been computed based on the total number of 2,859 SC in existence at the end of October 2008.
Term/Year/month (Number of SC) |
S C |
Department Stores |
Chain Stores | ||||
|---|---|---|---|---|---|---|---|
| Previously Established SC | |||||||
| Total of SC | Tenants | Anchor Tenants |
|||||
| Year | 2000 | (185) | -3.4 |
-3.1 |
-3.7 |
-2.2 |
-5.1 |
| 2001 | (255) | -2.2 |
-1.4 |
-3.3 |
-0.4 |
-5.2 |
|
| 2002 | (328) | -2.1 |
-2.1 |
-2.1 |
-2.3 |
-2.1 |
|
| 2003 | (462) | -1.6 |
-0.8 |
-2.4 |
-2.8 |
-3.2 |
|
| 2004 | (522) | -1.7 |
-0.9 |
-2.9 |
-2.8 |
-3.5 |
|
| 2005 | (550) | 0.3 |
1.5 |
-1.9 |
-0.2 |
-2.6 |
|
| 2006 | (523) | 0.3 |
0.9 |
-0.7 |
-0.7 |
-2.7 |
|
| 2007 | (515) | -0.0 |
0.3 |
-0.6 |
-0.5 |
-1.4 |
|
| 2008 | Jan.～Mar. | (557) | 1.1 |
1.2 |
0.8 |
-1.0 |
0.4 |
| Apr.～Jun. | (553) | -2.7 |
-2.8 |
-2.5 |
-4.6 |
-0.9 |
|
| Jul.～Sep. | (545) | -0.4 |
0.3 |
-1.8 |
-3.3 |
-0.7 |
|
| Month 2007 | Jan. | (600) | 1.3 |
1.8 |
0.2 |
0.0 |
-2.4 |
| Feb. | (600) | 1.3 |
1.7 |
0.5 |
1.7 |
-1.6 |
|
| Mar. | (572) | -1.2 |
-1.2 |
-1.0 |
-1.5 |
-1.5 |
|
| Apr. | (575) | -1.1 |
-0.8 |
-1.7 |
-1.3 |
-1.0 |
|
| May. | (556) | 0.2 |
0.5 |
-0.4 |
-0.4 |
-0.6 |
|
| Jun. | (570) | 2.4 |
3.9 |
-0.1 |
5.5 |
-1.5 |
|
| Jul. | (568) | -4.2 |
-4.4 |
-3.9 |
-4.3 |
-2.8 |
|
| Aug. | (570) | 0.5 |
0.6 |
0.4 |
1.4 |
-0.5 |
|
| Sep. | (569) |
-0.8 |
-0.5 |
-1.2 |
-2.5 |
-1.0 |
|
| Oct. | (556) |
0.0 |
-0.1 |
0.3 |
-1.4 |
-1.1 |
|
| Nov. | (590) |
0.7 |
1.1 |
0.0 |
0.9 |
-0.4 |
|
| Dec. | (591) | -0.8 |
-0.7 |
-1.0 |
-2.3 |
-1.8 |
|
| Month 2008 | Jan. | (592) | 0.0 |
0.3 |
-0.5 |
-2.1 |
-1.7 |
| Feb. | (585) | 0.8 |
0.4 |
1.4 |
0.9 |
1.9 |
|
| Mar. | (587) | 2.3 |
2.6 |
1.6 |
-1.2 |
1.4 |
|
| Apr. | (575) | -2.5 |
-3.0 |
-1.5 |
-3.4 |
-0.8 |
|
| May. | (581) | -2.3 |
-2.1 |
-2.6 |
-2.7 |
-1.1 |
|
| Jun. | (592) | -2.9 |
-2.7 |
-3.1 |
-7.6 |
-0.9 |
|
| Jul. | (585) | 0.3 |
0.2 |
0.5 |
-2.5 |
0.9 |
|
| Aug. | (572) | 0.3 |
1.5 |
-2.1 |
-3.1 |
-1.0 |
|
| Sep. | (580) | -1.9 |
-0.8 |
-4.2 |
-4.7 |
-2.2 |
|
| Oct. | (582) | -3.0 |
-1.7 |
-5.6 |
-6.8 |
-1.6 |
|
| Nov. | (571) | -1.3 |
-0.6 |
-2.9 |
-6.4 |
0.6 |
|
| Source | Japan Council of Shopping Centers | Japan Department Stores Association |
Japan Chain Stores Association | ||||
【comment】
Sales of anchor tenants were sluggish with -2.9%.
In those SC with anchor tenants such as supermarkets and GMS, sales in the foodstuff sector were relatively good whereas those in the clothing sector proved remarkably slow.
Constituent member of SC Location (Number of SC) |
Total | Tenants | Anchor Tenants | ||
|---|---|---|---|---|---|
| Total | (571) | -1.3 |
-0.6 |
-2.9 |
|
| Central Areas | Large Cities | (76) | -1.8 |
-1.7 |
-5.9 |
| Medium Cities | (87) | -1.5 |
-1.2 |
-2.2 |
|
| Small Cities | (32) | -3.7 |
-3.5 |
-4.0 |
|
| Sub Total | (195) | -1.9 |
-1.7 |
-2.8 |
|
| Peripheral Areas | (139) | 1.4 |
3.6 |
-3.4 |
|
| Suburban Areas | (237) | -2.3 |
-2.0 |
-2.7 |
|
【comment】
Sales in peripheral areas were positive at 1.4%.
These positive sales results can be largely ascribed to the effect of large-scale SC renewals in the Kanto area.
(notes)
■Size of City
Large Cities ： Cities designated by government ordinance (Sapporo, Sendai, Chiba, Tokyo metropolis, Kawasaki, Yokohama, Nagoya, Kyoto, Osaka, Kobe, Hiroshima, Fukuoka, Kitakyushu)
Medium Cities ：Cities that have a population of more than 150,000, excluding above‐mentioned cities
Small Cities ：Cities that have a population of under 150,000
■Location （Divided by administrative district
Central Areas ：Central cities that are accumulated by commercial function of cities, towns, villages concerned
Peripheral Areas ：Areas that are around central areas and city function of commerce, administration, business, etc. exist moderately
Suburban Areas ：Areas that are in the suburbs and residential areas, farmlands, etc. are spread out
Region Location (Number of SC) |
Total | Hokkaido | Tohoku | Kanto | Chubu | Hokuriku | kinki | Chugoku | Shikoku | Kyusyu・ Okinawa |
|
|---|---|---|---|---|---|---|---|---|---|---|---|
| Total | (571) | -1.3 |
1.5 |
-4.0 |
0.3 |
-3.9 |
-6.1 |
-2.9 |
-3.2 |
-3.5 |
2.0 |
| Central Areas | (195) | -1.9 |
1.1 |
-0.2 |
-1.3 |
-2.8 |
-8.8 |
-4.3 |
-2.5 |
-1.5 |
0.8 |
| Peripheral Areas | (139) | 1.4 |
3.1 |
-1.5 |
3.1 |
-3.7 |
-6.4 |
-1.1 |
5.7 |
-10.1 |
1.8 |
| Suburban Areas | (237) | -2.3 |
-0.8 |
-6.3 |
-0.3 |
-4.5 |
-5.5 |
-2.7 |
-4.9 |
-3.7 |
3.3 |
| Number of SC | 571 |
18 |
32 |
192 |
61 |
48 |
127 |
29 |
15 |
49 |
|
【comment】
Sales figures in the Kyushu・Okinawa and Hokkaido regions realized high increases with 2.0% and 1.5% respectively. Both of these areas owed their good results to SC sales in the cities of Kitakyushu, Fukuoka and Sapporo, all of which are cities designated by government ordinance.
(notes)
■Region
Hokkaido ： Hokkaido
Tohoku ： Aomori, Iwate, Miyagi, Akita, Yamagata and Fukushima Prefecture
Kanto ： Ibaraki, Tochigi, Gumma,Saitama and Chiba Prefecture, Tokyo metropolis, Kanagawa and Yamanashi Prefecture
Chubu ： Nagano, Gifu, Shizuoka, Aichi and Mie Prefecture
Hokuriku ： Niigata, Toyama, Ishikawa and Fukui Prefecture
Kinki ： Shiga, Kyoto, Osaka, Hyogo, Nara and Wakayama Prefecture
Chugoku ： Tottori, Shimane, Okayama, Hiroshima and Yamaguchi Prefecture
Shikoku ： Tokushima, Kagawa, Ehime and Kochi Prefecture
Kyusyu･Okinawa ： Fukuoka, Saga, Nagasaki, Kumamoto, Oita, Miyazaki, Kagoshima and Okinawa Prefecture
Reference:
Contact below for any inquires in respect of the Survey.
Mr. Kotaro Zenpo of the Research Department
e‐mail address: zenpoh@jcsc.or.jp
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