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Analysis

Japan's shopping centres post a 6% September, lifted by a rare five-day Silver Week

JCSC's own September figures show existing shopping-centre sales up 6.0% year on year nationwide, but a once-since-2015 five-day Silver Week — not a shift in underlying demand — is doing most of the lifting, with a catch for anyone benchmarking a Japanese retail floor off this month.

Illustration of shoppers streaming through a sunlit shopping-centre concourse on an autumn holiday, with a row of five lanterns overhead
Illustration by floortok.com

Japan's shopping centres posted a strong September, with sales at existing centres up 6.0% year on year nationwide, according to the Japan Council of Shopping Centers (JCSC), in its monthly SC Sales Statistics Survey Report.