Don Quijote operator PPIH's September sales rise 3.1%, with discount stores still outpacing UNY
PPIH's own September sales flash shows domestic existing-store sales up 3.1% on a 1.5% drop in customer traffic, as a rainy month pushed shoppers toward stock-up buying at Don Quijote even as outdoor categories lagged -- an early public read on how Japan's discount and supermarket channels are faring into autumn.
Pan Pacific International Holdings, the operator of Don Quijote, said domestic existing-store sales rose 3.1 per cent year on year in September across its retail business, even as customer traffic at those stores fell 1.5 per cent, according to its own monthly sales bulletin dated October 13. Average spend per customer rose 4.6 per cent, and sales across all 677 domestic retail stores -- versus 645 compared on an existing-store basis -- were up 5.2 per cent. Over the first quarter of the new fiscal year, July through September, existing-store sales are up 2.7 per cent.