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Seven-Eleven Japan sales flat YOY in September


According to Market Intelligence, December 2022


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Seven-Eleven Japan sales flat YOY in September

Seven & i Holdings Co. Ltd. reported Oct. 15 that Seven-Eleven Japan sales in September remained flat year over year.

Same-store sales fell 1.5% from the year-ago period. Customer numbers increased by 0.6%, but average spending per customer dipped 2.1%. Store count declined to 20,993 from 21,017 in August.

The Japanese food retailer also said net sales growth of its overseas unit, 7-Eleven Inc., fell 3.1% year over year during September. Merchandise sales were up by 2.1%, but gasoline sales plunged 7.9%. For existing stores in the U.S., merchandise sales grew by 2.3%.

The Japanese company's general merchandising arm, Ito-Yokado, saw a 0.9% growth in total sales during the month. For its existing stores, merchandise sales grew 2.5% year over year, but customer numbers fell 0.8%, and average spending per customer grew 3.4%.

Supermarket chain York-Benimaru's total sales fell by 0.2%, with a same-store sales decline of 1.9%. There was a 1.4% drop in customer numbers and a 0.5% drop in average customer spend.

Seven & i department store chain Sogo & Seibu's total sales and same-store sales both surged 20.2% year over year.

Seven & i Food Systems Co. Ltd., which operates restaurant chain Denny's in Japan, saw its total sales improve 1% from the year-ago period as same-store sales grew 2.7%. Its number of customers rose 0.2% and average spending per customer grew 2.5% during the month.