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Restaurant same-store sales off 6.4% in FY2002.(says Japan Foodservice Association report)(Brief Article)

Japan Food Service Journal

| June 25, 2003 | COPYRIGHT 2003 Pacific Research Consulting, Inc. (Hide copyright information)Copyright

Members of the Japan Foodservice Association report that same-store sales fell 6.4% year on year in FY2002 while overall sales, including new shops, climbed a modest 0.8%. The same-store decline included a drop of 2.7% in yakiniku (grilled meat) restaurants, as customers still shied away from beef. Sectors facing severe declines included pubs and bars (down 10.0%), izakaya pubs (down 10.4%) and Japanese-style …

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