Sales SC Down 4.4% This January
Estimated Total SC Sales Figure Totals 2,637.4 Billion Yen
(Down 0.3% Compared with Same Month Last Year)
The total sales figure for this January realized by existing shopping centers fell by 4.4% against that for the corresponding month of the previous year, thereby remaining negative for a fifth consecutive month. Concern among consumers for the need to safeguard their livelihood is steadily growing against the background of a continuing economic slump brought on by the financial crisis, failure of corporate performances to recover and employment adjustments (such as the laying-off of non-permanent staff and curbs on permanent staff salaries). This has led consumers to focus exclusively on daily living necessaries and further shy away from high-priced goods whereby especially sales of heavy clothing such as overcoats remained dull due to high winter temperatures.
Despite a number of favorable factors, notably the customer appeal of low-priced goods and a shift towards relatively good sales of foodstuffs owing to the cooking-at-home trend, private consumption remained sluggish as a whole.
＊This survey has been compiled from information obtained after sampling 1,000 SC according to location and size from among 2,876 SC - the total number of SC at the end of December 2008.
＊This survey is based on the 567 SC samples obtained, the sample retrieval rate being 56.7%.
＊(Estimated) total sales of SC for January have been computed based on the total number of 2,876 SC in existence at the end of December 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 | (553) | -1.5 |
-1.1 |
-2.3 |
-4.3 |
-0.7 |
|
| 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 |
|
| Oct.～Dec. | (554) | -3.3 |
-2.5 |
-4.9 |
-7.7 |
-1.4 |
|
| 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 |
|
| Dec. | (580) | -5.4 |
-4.7 |
-6.7 |
-9.4 |
-2.8 |
|
| Month 2009 | Jan. | (567) | -4.4 |
-3.6 |
-6.2 |
-9.1 |
-2.7 |
| Source | Japan Council of Shopping Centers | Japan Department Stores Association |
Japan Chain Stores Association | ||||
Constituent member of SC Location (Number of SC) |
Total | Tenants | Anchor Tenants | ||
|---|---|---|---|---|---|
| Total | (567) | -4.4 |
-3.6 |
-6.2 |
|
| Central Areas | Large Cities | (77) | -4.0 |
-3.9 |
-5.7 |
| Medium Cities | (81) | -4.5 |
-3.3 |
-6.9 |
|
| Small Cities | (31) | -5.2 |
0.3 |
-12.3 |
|
| Sub Total | (189) | -4.3 |
-3.5 |
-7.9 |
|
| Peripheral Areas | (140) | -4.7 |
-3.5 |
-7.1 |
|
| Suburban Areas | (238) | -4.4 |
-3.7 |
-5.4 |
|
【comment】
Sales figures in all areas were negative.
Although no significant disparity between SC sales figures was observed on a location basis, sales decline proved smallest in central areas (-4.3%) (with suburban areas at -4.4%, peripheral areas at -4.7%).
Classification by tenant type revealed sales of anchor tenants were remarkably sluggish with -6.2%.
In a mood similar to last month, sales of SC with anchor tenants such as supermarkets carrying foodstuffs were relatively good whereas those of SC with anchor tenants such as GMS and specialty stores dealing in clothing stagnated.
(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 | (567) | -4.4 |
0.7 |
-4.5 |
-4.2 |
-4.2 |
-5.7 |
-5.1 |
-7.2 |
-6.2 |
-2.4 |
| Central Areas | (189) | -4.3 |
0.0 |
0.3 |
-3.9 |
-1.3 |
-7.4 |
-6.0 |
-9.5 |
-6.8 |
-4.5 |
| Peripheral Areas | (140) | -4.7 |
2.7 |
-7.6 |
-4.2 |
-6.7 |
-1.8 |
-7.8 |
-1.0 |
-14.3 |
-1.4 |
| Suburban Areas | (238) | -4.4 |
-0.6 |
-5.7 |
-4.6 |
-5.2 |
-6.2 |
-3.5 |
-6.2 |
-4.4 |
-1.0 |
| Number of SC | 567 |
18 |
30 |
195 |
60 |
46 |
126 |
29 |
15 |
48 |
|
【comment】
Sales in the Hokkaido region increased by 0.7%.
Favorable sales at SC holding renewal sales in Sapporo city boosted overall sales.
However, sales in the Chugoku region realized the worst overall figure (-7.2%). Hiroshima city saw sales adversely affected by a number of SC which had to partially suspend business for renewal. (Hiroshima city -9.3%).
(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
Copyright (C) 2009 Japan Council Of Shopping Centers. All Rights Reserved.