Komori
Kintetsu Department Store (8244) · RiskMaterialised

Disruption to customer shopping journeys due to major renovations

First written in FY2017-Q1. 1 of 1 entries say "Materialised", first in FY2017-Q1. Latest entry: FY2017-Q1.

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Disruption to customer traffic and sales declines caused by large-scale department store renovationsA theme 1 companies write about · 1 as a headwind · 0 as a tailwind

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  1. FY2017-Q1MaterialisedAnnual report

    「However, despite implementing these measures diligently, construction associated with major renovations at individual stores caused greater-than-expected disruption to customers' shopping patterns. As a result, sales were ¥59,018 million, down 2.5% year on year, and operating profit was ¥141 million, down 65.0%.」

    Construction for major renovations caused greater-than-expected disruption to customers' shopping patterns, contributing to declines in department store sales and operating profit.
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