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Seven & i's Japanese convenience store sales up 4.4% YOY in July

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Seven & i's Japanese convenience store sales up 4.4% YOY in July

Seven & i Holdings Co. Ltd. said Aug. 15 that total sales of its convenience stores operated by Seven-Eleven Japan were up 4.4% year over year in July.

Same-store sales for Seven-Eleven Japan rose 1.6% from the year-ago period. The number of customers declined 0.4%, while the average spend per customer increased 2.0%. There were 20,437 stores operating in July, compared to 20,392 in June.

Meanwhile, Seven & i's overseas unit 7-Eleven Inc. posted a 35.5% year-over-year jump in total sales for the month, driven by a 65.8% surge in gasoline sales and a 13.5% increase in merchandise sales. For existing stores in the U.S., merchandise sales ticked up 2.5%.

Ito-Yokado, the Japanese company's general merchandise retail chain, saw total store sales drop 1.1% compared to the previous July. Existing-store sales were down 1.2%, with customer numbers dropping 1.5% and average spend per customer rising 0.4%.

Supermarket chain York-Benimaru reported total sales growth of 3.3% year over year. Existing-store sales inched down 0.1%, while customer numbers increased 0.4% and the average spend per customer decreased 0.6%.

Sogo & Seibu, Seven & i's department store unit, posted a 4.1% drop in existing-store sales compared to a year ago, while total sales plunged 17%.

Restaurant division Seven & i Food Systems, which includes the Denny's chain in Japan, posted a 2.9% year-over-year decrease in total sales for July. Existing-store sales were down 0.8%, with customer numbers down 5.2%, but the average spend per customer up 4.6%.