{"id":212398,"date":"2010-01-22T06:20:00","date_gmt":"2010-01-22T11:20:00","guid":{"rendered":"http:\/\/www.businessinsider.com\/japan-is-dying-retails-sales-nose-dive-back-to-1980-levels-2010-1"},"modified":"2010-01-22T06:20:00","modified_gmt":"2010-01-22T11:20:00","slug":"japans-economic-death-accelerates-as-retail-sales-nose-dive-back-to-1980s-levels","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/212398","title":{"rendered":"Japan&#8217;s Economic Death Accelerates As Retail Sales Nose-Dive Back to 1980s Levels"},"content":{"rendered":"<p><img decoding=\"async\" class=\"float_right\" src=\"http:\/\/static.businessinsider.com\/image\/497a6c798debd5498aab2200-400-\/laughingjapanesegirl2.jpg\" border=\"0\" alt=\"laughingjapanesegirl2\" width=\"400\" \/><\/p>\n<p>Japan&#8217;s retail industry is getting destroyed from the persistent lack of consumer demand.<\/p>\n<p>Latest data shows that retail sales have kept falling like a rock, touching levels not seen since the late 1980s.<\/p>\n<p><a href=\"http:\/\/www.breitbart.com\/article.php?id=D9DCO4PO0&amp;show_article=1\">AP:<\/a><\/p>\n<p style=\"padding-left: 30px;\">Department stores and supermarkets were hit hard by the recession with department store sales falling below 7 trillion yen for the first time since 1985 while supermarket sales dropping below 13 trillion yen for the first time since 1988, data released by industry groups showed Friday.<\/p>\n<p style=\"padding-left: 30px;\">On a same-store basis, both department store and supermarket sales fell for the 13th consecutive year, showing no sign of touching bottom in the face of declining personal consumption amid the economic slump.<\/p>\n<p style=\"padding-left: 30px;\"><a href=\"http:\/\/www.breitbart.com\/article.php?id=D9DCO4PO0&amp;show_article=1\">Read more here &gt;<\/a><\/p>\n<p><a href=\"http:\/\/www.businessinsider.com\/japan-is-dying-retails-sales-nose-dive-back-to-1980-levels-2010-1#comments\">Join the conversation about this story &#187;<\/a><\/p>\n<p><b>See Also:<\/b><\/p>\n<ul>\n<li><a href=\"http:\/\/www.businessinsider.com\/japans-finance-minister-pushes-for-more-sex-to-shrink-the-debt-2010-1\">Japan&#8217;s New Finance Minister Wants His Staff To Have More Sex To Improve Performance<\/a><\/li>\n<li><a href=\"http:\/\/www.businessinsider.com\/japan-airlines-bankruptcy-setting-of-wave-of-write-downs-2010-1\">Japan Airlines Wipe-Out Sets Off Wave Of Write-Downs Throughout Corporate Japan<\/a><\/li>\n<li><a href=\"http:\/\/www.businessinsider.com\/felix-zulauf-were-in-a-secular-bear-market-a-la-japan-the-rally-in-financials-is-over-so-heres-what-to-buy-2010-1\">Felix Zulauf: We&#8217;re In A Secular Bear Market Like Japan, The Rally In Financials Is Over, So Here&#8217;s What To Buy<\/a><\/li>\n<\/ul>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~r\/TheMoneyGame\/~4\/4oWKCtnuYqY\" height=\"1\" width=\"1\"\/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Japan&#8217;s retail industry is getting destroyed from the persistent lack of consumer demand. Latest data shows that retail sales have kept falling like a rock, touching levels not seen since the late 1980s. AP: Department stores and supermarkets were hit hard by the recession with department store sales falling below 7 trillion yen for the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-212398","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/212398","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=212398"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/212398\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=212398"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=212398"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=212398"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}