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Aeon's All Store Sales Grow 7.3% in May

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Aeon's (TYO:8267) all-store and same-store sales increased by 7.3% and 5.9% year on year, respectively, in May, according to a Friday Tokyo bourse filing.

The retailer's general merchandise store business saw same-store sales grow for five consecutive months, reaching 5.9% in May, led by strong growth in apparel, home furnishings, and health & beauty care items.

Food-related sales remained steady in livestock, seafood, and deli items despite lingering pressure from elevated rice and vegetable prices.

Supermarket operations across 11 major companies saw both sales and traffic recover to exceed year-ago levels.

Overall performance was underpinned by AEON Mall's 11% growth in existing specialty store sales, with entertainment-focused tenants posting double-digit gains.

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