Hankyu Umeda's flagship surges 15.6% in September while its sister store next door stalls
H2O Retailing's own September sales flash shows its Hankyu Umeda flagship surging 15.6% year on year while Hanshin Umeda, its sister main store across the same terminal complex, barely grew at all — the clearest read yet on how concentrated Osaka's department-store demand has become on a single flagship floor.
H2O Retailing said sales at its Hankyu Umeda main store rose 15.6 per cent year on year in September, even as its Hanshin Umeda main store, a short walk away in the same Osaka terminal complex, gained just 0.6 per cent, according to the company's own monthly sales flash report dated October 1. Branch stores across the Hankyu Hanshin Department Stores chain rose 3.6 per cent, bringing the group's combined department-store total to a 9.5 per cent increase for the month.