Sales SC Down 7.5% This February
Estimated Total SC Sales Figure Totals 1,885.6 Billion Yen
(Down 3.1% Compared with Same Month Last Year)
The total sales figure for this February realized by existing shopping centers fell by 7.5% against that for the corresponding month of the previous year, thereby remaining negative for a sixth consecutive month.
Sales reached their lowest level since the start of this survey in July 2002 as a faltering economy, in addition to a worsening employment and income environment continue to create a growing concern among consumers to safeguard their livelihood. This month also counted one business day less than last year (a leap year).
Although foodstuff and low-priced goods sales showed a relatively small decline, consumers were still holding back from buying high-priced items, notably clothing.
Dull sales of winter goods due to unseasonable temperatures constituted one negative factor.
*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 570 SC samples obtained, the sample retrieval rate being 57.07%.
*(Estimated) total sales of SC for February have been computed based on the total number of 2,876 SC in existence at the end of January 2009.
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 |
| Feb. | (570) | -7.5 |
-6.5 |
-9.4 |
-11.5 |
-5.4 |
|
| 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 | (570) | -7.5 |
-6.5 |
-9.4 |
|
| Central Areas | Large Cities | (78) | -7.6 |
-7.7 |
-4.5 |
| Medium Cities | (80) | -7.6 |
-6.1 |
-10.0 |
|
| Small Cities | (31) | -7.7 |
-6.5 |
-9.4 |
|
| Sub Total | (189) | -7.6 |
-7.2 |
-9.4 |
|
| Peripheral Areas | (139) | -8.2 |
-6.5 |
-11.2 |
|
| Suburban Areas | (242) | -7.1 |
-5.5 |
-8.7 |
|
【comment】
Sales figures of anchor tenants were bad with -9.4%, sales of anchor tenants such as department stores, GMS, superstores and big specialty stores being especially sluggish.
(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 | (570) | -7.5 |
-3.2 |
-6.5 |
-7.4 |
-6.8 |
-7.5 |
-9.0 |
-8.2 |
-10.0 |
-5.0 |
| Central Areas | (189) | -7.6 |
-6.8 |
-4.0 |
-7.3 |
-4.6 |
-11.8 |
-10.6 |
-9.9 |
-7.5 |
-5.1 |
| Peripheral Areas | (139) | -8.2 |
1.5 |
-9.2 |
-7.9 |
-9.2 |
-7.7 |
-10.5 |
-2.4 |
-17.8 |
-7.1 |
| Suburban Areas | (242) | -7.1 |
-2.0 |
-7.0 |
-7.2 |
-7.4 |
-6.6 |
-7.4 |
-7.8 |
-9.8 |
-3.7 |
| Number of SC | 570 |
17 |
31 |
195 |
59 |
48 |
128 |
28 |
16 |
48 |
|
【comment】
Sales in the Shikoku region realized the worst figure (-10.0%), and sales of SC with GMS as anchor tenants stagnated.
Second worst were sales in the Kinki region with -9.0% due to sluggish sales in fashion buildings.
Sales in the Hokkaido region on the other hand booked the smallest decline. Sales in peripheral areas (1.5%) boosted overall sales as some SC saw results boosted by leasing to new tenants.
(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.