tiprankstipranks
NRSInsights says December same-store sales increased 5.5%
The Fly

NRSInsights says December same-store sales increased 5.5%

NRSInsights announced comparative same-store sales results for December 2023 and the three months then ended. As of December 31, 2023, the NRS retail network comprised approximately 28,300 active terminals scanning purchases at independent retailers including bodegas, convenience stores, liquor stores, grocers, and tobacco and sundries sellers nationwide, predominantly serving urban consumers. December Retail Same-Store Sales Highlights Same-store sales increased 5.5% from a year earlier. Average sales per calendar day increased 5.3% compared to the preceding month. Same-store sales in the preceding month had increased 3.1% compared to the year-ago month. Average sales per calendar day in November 2023 had decreased 1.2% compared to the preceding month. For the three months ended December 31, 2023, same-store sales increased 3.4% compared to the same three months in 2022. The number of items sold increased 7.4% compared to a year earlier and increased 3.7% compared to November 2023 on a per calendar day basis. The average number of transactions per store increased 5.1% compared to December 2022. The average number of transactions per calendar day increased 0.3% compared to November 2023. A dollar-weighted average of prices for the top 500 items purchased in December 2023 increased 1.2% year-over-year, a decrease from the 3.9% year-over-year increase recorded in November 2023.

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

See Insiders’ Hot Stocks on TipRanks >>

Read More on IDT:

Trending

Name
Price
Price Change
S&P 500
Dow Jones
Nasdaq 100
Bitcoin

Popular Articles