NRSInsights reports July same-store sales increased 1.2% year-over-year

NRSInsights announced comparative same-store sales results for July 2024. As of July 31, 2024, the NRS retail network comprised approximately 32,100 active terminals nationwide, scanning purchases at independent retailers including bodegas, convenience stores, liquor stores, grocers, tobacco, and sundries sellers nationwide, predominantly serving urban consumers. Same-store sales increased 1.2% from a year earlier. In the previous month, same-store sales had increased 5.1% compared to June 2023. Same-store sales decreased 1.9% compared to the previous month. Same-store sales in June 2024 had increased 1.6% compared to the previous month. For the three months ended July 31 2024, same-store sales increased 3.0% compared to the three months ended July 31, 2023. The number of units sold increased 2.2% from a year earlier. In the previous month, the number of items sold had increased 5.5% compared to June 2023. The average number of transactions per store decreased 0.6% from a year earlier. In the previous month the average number of transactions had increased 2.8% compared to June 2023. A dollar-weighted average of prices for the top 500 items purchased during July 2024 increased 2.5% year-over-year, an increase from the 1.1% year-over-year increase recorded in June 2024.