JAPAN: Fast Retailing’s Same-Store Sales Slide Again
Leading Japanese retailer Fast Retailing Co, owner of the famous Uniqlo casual-clothing store chain, said on Tuesday its same-store sales plunged 32.9 per cent in March from the year-ago period. That slide follows similar declines in same-store sales in January and February but the company said although customer numbers were up slightly last month, shoppers tended to buy cheaper items.