Convenience store sales up in 2021 on stay-home demand

22-Jan-2022 Intellasia | JIJI | 5:02 AM Print This Post

Sales at convenience stores in Japan in 2021 rose 0.6 percent from the previous year to JPY 10.3 trillion on a same-store basis, marking the first growth in two years, the Japan Franchise Association said Thursday.

Although people tended to continue refraining from going out for nonessential purposes amid the coronavirus pandemic, sales of frozen food and alcoholic beverages increased as stores expanded their lineups of the products to meet demand from those staying at home.

On an all-store basis, sales grew 1.1 percent to JPY 10.8 trillion, but fell short of JPY 11.2 trillion in 2019, before the start of the pandemic.

Covered by the data are outlets run by seven major convenience store operators, including Seven-Eleven Japan Co., FamlyMart Co., Lawson Inc. and Ministop Co.. The seven firms had a total of 55,950 stores as of the end of last year, up by 26 from a year before.

On a same-store basis, the number of shoppers at convenience stores in 2021 fell 2.5 percent from 2020, due partly to unfavourable weather in summer.

The amount of purchases per customer rose 3.2 percent to JPY 694.9 thanks to buying in bulk amid the virus crisis.

In December alone, same-store sales expanded 3.2 percent to JPY 932.5 billion, up for the first time in three months, led by strong demand for Christmas cakes and osechi traditional New Year’s food, the association said.

https://www.japantimes.co.jp/news/2022/01/20/business/convenience-store-sales-2/

 

Category: Japan

Print This Post

Comments are closed.