Recovery in Same-Store Sales and Customer Traffic
First written in FY2017-Q3. 13 of 34 entries say "Advanced", first in FY2017. Latest entry: FY2027-H1.
The whole theme swung hardest in 2020: 16 of 44 companies on the "Worse" side.
14 other companies' latest entry also says "Other".
- FY2027-H1Same-store sales below the previous year’s levelAnnual report
「However, in addition to insufficient product freshness and sluggish full-price sales, the impact of weather conditions resulted in same-store sales of 95.4% of the level in the previous year.」
Same-store sales were 95.4% of the level in the same period of the previous year, falling below the previous year’s level from 100.7% for the full previous fiscal year. - FY2026Annual decline in same-store salesAnnual report
「As a result of these initiatives, same-store sales were 97.5% of the previous year's level.」
Same-store sales fell to 97.5% of the prior-year level, declining below the prior-year level from 100.7% in the previous fiscal year. - FY2026-H1Decline in same-store salesAnnual report
「As a result of these initiatives, same-store sales were 97.7% of the prior-year level.」
Same-store sales were 97.7% of the prior-year level, turning to a year-on-year decline from 100.7% for the previous full fiscal year. - FY2025AdvancedAnnual report
「As a result of these initiatives, same-store sales reached 100.7% of the prior-year level.」
Same-store sales were 100.7% of the prior-year level. Although down from 102.2% in the previous fiscal year, they remained above the prior-year level. - FY2024AdvancedAnnual report
「As a result, same-store sales rose to 102.2% of the prior-year level.」
Full-year same-store sales reached 102.2% of the prior-year level, maintaining the recovery through year-on-year outperformance. - FY2024-Q3AdvancedAnnual report
「As a result, same-store sales rose to 104.0% of the prior-year level.」
Same-store sales reached 104.0% of the prior-year level, with the recovery through year-on-year outperformance continuing. - FY2024-Q2AdvancedAnnual report
「As a result, same-store sales rose to 106.4% of the prior-year level.」
Same-store sales reached 106.4% of the prior-year level, continuing the recovery through year-on-year outperformance from 105.6% in FY2024-Q1. - FY2024-Q1AdvancedAnnual report
「As a result, same-store sales rose to 105.6% of the prior-year level.」
Same-store sales reached 105.6% of the prior-year level, with the recovery through year-on-year outperformance continuing. - FY2023AdvancedAnnual report
「As a result, same-store sales rose to 122.4% of the prior-year level.」
Full-year same-store sales were 122.4% of the prior-year level, down from 124.5% for the cumulative third quarter, but the recovery in same-store sales through year-on-year outperformance was confirmed for the full year as well. - FY2023-Q3AdvancedAnnual report
「As a result, same-store sales for the cumulative consolidated third quarter rose to 124.5% of the prior-year level.」
Same-store sales reached 124.5% of the prior-year level, with the recovery through year-on-year outperformance continuing. - FY2023-Q2AdvancedAnnual report
「As a result, same-store sales for the cumulative consolidated second quarter rose sharply to 133.5% of the prior-year level.」
The recovery in same-store sales continued from the previous quarter, with first-half same-store sales reaching 133.5% of the prior-year level. - FY2023-Q1AdvancedAnnual report
「As a result, same-store sales for the cumulative consolidated first quarter rose sharply to 137.2% of the prior-year level.」
Same-store sales reached 137.2% of the prior-year level, and the recovery trend in same-store sales reported in the previous fiscal year advanced further in the first quarter. - FY2022AdvancedAnnual report
「Following the lifting of the state of emergency, same-store sales were on a recovery trend, at 97.8% of the prior-year level in October, 109.4% in November, 115.7% in December and 115.5% in January.」
After the state of emergency was lifted, same-store sales exceeded the prior-year level from November onward and showed a recovery trend from October through January. - FY2022-Q2RestatedAnnual report
「Difficult conditions continued at the commercial facilities housing our stores in prefectures subject to the state of emergency, including weekend closures, reduced operating hours and declining customer traffic due to requests to refrain from non-essential and non-urgent outings.」
Commercial facilities in areas subject to the state of emergency continued to close on weekends and reduce operating hours, while store operations remained difficult because of declining customer traffic caused by requests to refrain from going out. - FY2021-Q3Continued difficult store operationsAnnual report
「The apparel and fashion industry also showed signs of recovery as business activity resumed following the lifting of the state of emergency. However, the renewed increase in infections has again created difficult conditions, particularly for store operations.」
The company explained that although signs of recovery emerged after stores reopened, store operations remained difficult because of the renewed increase in infections. - FY2021-Q1Sharp decline in same-store sales amid the COVID-19 pandemicAnnual report
「In March, customer traffic fell sharply due to requests to refrain from going out, reduced operating hours at commercial facilities, and the closure of shopping centers, particularly in the Tokyo metropolitan area, on weekends. Same-store sales were 70.7% of the prior-year level. In April, following the declaration of a state of emergency issued on 7 April, more than 70% of stores suspended operations because of shopping-center closures, while operating stores were also affected by reduced hours and other measures, bringing same-store sales to 22.9% of the prior-year level. In May, approximately 80% of stores suspended operations during Golden Week, but stores gradually resumed operations after the state of emergency was lifted on 17 May, and nearly all stores had reopened by the end of the first quarter.」
Requests to refrain from going out, commercial-facility closures and reduced operating hours caused same-store sales to plunge to 70.7% in March, 22.9% in April, 42.8% in May and 45.9% for the cumulative first quarter, all as percentages of the prior-year levels. - FY2020Improved sales at revitalized stores and company-wide sales declineAnnual report
「At pilot stores, we invested in revitalization focused on “customer experience,” “product presentation” and “sales presentation,” including training fashion advisors, expanding or reducing product categories to suit each store's location, and investing in store fixtures and lighting. As a result, second-half same-store sales at stores undergoing revitalization performed strongly at 127.4% of the prior-year level.」
Although full-year same-store sales across all stores were 93.3% of the prior-year level, second-half same-store sales at stores undergoing revitalization reached 127.4%. - FY2020-Q3AdvancedAnnual report
「Although the third quarter was affected by the consumption tax increase in early October, sales recovered month by month after we consistently sold season-leading products at full price. November same-store sales reached 106.0% of the prior-year level.」
Recovery progressed from 99.1% in August, and November same-store sales reached 106.0% of the prior-year level. Although the third quarter overall was 97.7%, monthly sales turned to year-on-year growth. - FY2020-Q2August recovery in same-store salesAnnual report
「The gross margin improved by 4.6 percentage points from the same period of the previous year to 55.7%, but sales fell short of plan as same-store customer traffic struggled at 85.3% of the prior-year level.」
The company explained that first-half same-store customer traffic remained weak at 85.3% of the prior-year level, resulting in sales below plan, while August same-store sales separately recovered to 99.1%. - FY2020-Q1Sharp first-quarter decline in same-store customer traffic and salesAnnual report
「The gross profit margin improved by 3.3 percentage points year on year and selling, general and administrative expenses were 90.2% of the previous year’s level, in line with plan. However, sales fell short of plan as the number of customers at existing stores struggled at 85.4% of the previous year’s level.」
Gross margin and SG&A expenses improved or were in line with plan, but same-store customer traffic was 85.4% of the prior-year level and sales fell short of plan. - FY2019-Q3Weak customer traffic and sales in the third quarterAnnual report
「By brand, sales at all 3 brands, ikka, LBC and VENCE EXCHANGE, were below the previous year. The company was unable to respond fully to the higher temperatures throughout the third quarter, and its inability to increase customer traffic, partly due to typhoons and the earthquake, also had an impact.」
The company was unable to increase same-store customer traffic, and sales at all 3 brands fell below the prior-year level. - FY2019-Q1Renewed deterioration in same-store salesAnnual report
「From April onward, we were unable to respond to unstable weather patterns. Although we strengthened promotions for Golden Week and Mother's Day, customer traffic failed to grow and performance was challenging. In addition, early-summer and summer merchandise fell substantially below plan, disrupting the merchandise cycle, and same-store sales for the cumulative consolidated first quarter were 96.9% of the prior-year level.」
Conditions changed from the consecutive year-on-year outperformance in same-store customer traffic seen in the previous fiscal year. Customer traffic failed to grow, and same-store sales were 96.9% of the prior-year level. - FY2018Same-store sales below planAnnual report
「Although the gross margin improved year on year and SG&A expenses were reduced from plan, the company-wide results were affected by the sales shortfall against plan caused by same-store sales falling substantially below plan.」
Gross margin improvement and SG&A reductions were achieved, but the substantial shortfall in same-store sales against plan affected company-wide performance. - FY2018-Q2August slowdown in same-store performanceAnnual report
「As a result of the same-store improvement initiatives, same-store customer traffic remained firm from March through July. However, a substantial year-on-year shortfall in August caused first-half same-store sales to fall below the prior-year level.」
Same-store customer traffic remained firm from March through July, but fell significantly below the prior-year level in August, bringing first-half same-store sales below the prior-year level. - FY2018-Q1AdvancedAnnual report
「Company-wide and same-store customer traffic exceeded the prior-year level for 12 consecutive months since June last year, including March through May.」
The company explained that company-wide and same-store customer traffic exceeded the prior-year level for 12 consecutive months since June of the previous year. - FY2017AdvancedAnnual report
「Customer traffic also exceeded 100% of the prior-year level for 9 consecutive months from June through February.」
Customer traffic exceeded the prior-year level for 9 consecutive months from June through February. On an annual same-store basis, the company reported sales of 98.3% and customer traffic of 105.0% of the prior-year levels. - FY2017-Q3First statedAnnual report
「In the third quarter, same-store sales exceeded the prior-year level for 2 consecutive months in October and November, as we promoted fresh, season-leading products at attractive prices. Customer traffic also exceeded the prior-year level for 6 consecutive months from June through November. This trend has continued in December.」
The company explained that promoting fresh products at attractive prices lifted October and November same-store sales above the prior-year level, while customer traffic also exceeded the prior-year level for 6 consecutive months from June through November.