By  on June 3, 2014

TOKYO — Japanese retailers saw mixed sales in May, signaling a return to normalcy after April's tax hike bit into consumer spending.

Department stores saw mostly lower sales last month but started to see a return to normal trading levels. These retailers posted substantial sales gains in March, as consumers rushed to make large purchases before the tax hike came into effect, biting into April sales. Japan's sales tax increased three percentage points to 8 percent in April.

 

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