Retail in Asia

In Sectors

Profit falls for J Front Retailing

J Front Retailing Co., the parent of Daimaru Matsuzakaya Department Stores Co., said on Tuesday its group operating profit in fiscal 2009 declined 33.8 percent from the previous year to JPY18.58 billion (USD198.8 million) as group sales declined 10.4 percent to JPY982.53 billion (USD10.51 billion).