2022-12-06 08:35:25 IDT IDT Corp
12/06/22 12/0608:35 12/06/2208:35 | NRSInsights says November same-store sales increased 11.4%NRSInsights announced comparative same-store sales results for November 2022. The NRS retail network comprises over 21,000 terminals scanning purchases at independent retailers including bodegas, convenience stores, liquor stores, grocers, and tobacco and sundries sellers predominantly serving urban consumers. Retail Same-Store Sales Highlights for November 2022: Same-store sales increased 11.4% from a year earlier but decreased 4.2% compared to October 2022; Same-store sales in the preceding month had increased 9.5% compared to the year-ago month but had increased 3.6% compared to the previous month; Year to date, same-store sales have increased 8.3% compared to the comparable period in 2021; For the three months ended November 31, 2022, same-store sales increased 9.5% compared to the three months a year ago; The number of items sold during November 2022 increased 10.7% compared to November 2021 but decreased 5.1% compared to October 2022; The average number of transactions per store in November 2022 increased 6.3% compared to November 2021 but decreased 6.4% compared to October 2022; A dollar-weighted average of prices for the top 500 items purchased in November 2022 increased 4.5% year over year, an increase compared to the 4.1% year-over-year increase in October 2022. |
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