Department stores expected to have posted strong sales in April

Focus Taiwan
Date: 2015/05/01
By: Huang Chiao-wen and Frances Huang

Taipei, May 1 (CNA) Department stores in Taiwan are expected to report strong 201505010016t0001gains in sales in April from the previous month because of aggressive promotional campaigns ahead of Mother’s Day, the Ministry of Economic Affairs (MOEA) said Friday.

The MOEA estimated department store sales in April at NT$25.5 billion (US$83.06 billion), about 23 percent higher than a month earlier.

The sales would reverse a 27.5 percent month-on-month fall recorded in March, which saw sluggish sales because it came after the Lunar New Year holiday in February.     [FULL  STORY]

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