NRSInsights’ October 2024 Retail Same-Store Sales Report

In This Article:

National Retail Solutions
National Retail Solutions

Figure: 1

October Retail Same-Store Sales Highlights
October Retail Same-Store Sales Highlights

Figure: 2

Retail Trade Comparative Data
Retail Trade Comparative Data

October same-store sales increased 3.7% year-over-year

NEWARK, N.J., Nov. 08, 2024 (GLOBE NEWSWIRE) -- NRSInsights, a provider of sales data and analytics drawn from retail transactions processed through the National Retail Solutions (NRS) point-of-sale (POS) platform, today announced comparative same-store sales results for October 2024.

As of October 31, 2024, the NRS retail network comprised approximately 33,100 active terminals nationwide, scanning purchases at approximately 28,900 independent retailers including convenience stores, bodegas, liquor stores, grocers, tobacco, and sundries sellers nationwide, predominantly serving urban consumers.

October Retail Same-Store Sales Highlights

(Same-store sales, unit sales, transactions, and average price data throughout this release refer to October 2024 and are compared to October 2023 unless otherwise noted. All comparisons are provided on a “per calendar day” basis to remove from consideration variability in the number of days per month.)

  • SALES

    1. Same-store sales increased 3.7% year-over-year. In the previous month (September 2024), same-store sales had increased 2.2% year-over-year.

    2. Same-store sales decreased (0.5)% compared to the previous month (September 2024). Same-store sales in September 2024 had decreased (1.3)% compared to the previous month (August 2024).


  • For the three months ended October 31, 2024, same-store sales increased 3.1% compared to the corresponding three months a year ago.

  • UNITS SOLD

    • The number of units sold increased 2.8% year-over-year. In the previous month (September 2024), the number of items sold had increased 2.9% year-over-year.

    • Units sold decreased (0.5)% compared to the previous month (September 2024). Units sold in September 2024 had increased 0.2% compared to the previous month (August 2024).

  • TRANSACTIONS PER STORE

    • The average number of transactions per store increased 1.6% year-over-year. In the previous month (September 2024), transactions had increased 0.8% year-over-year.

    • Transactions decreased (0.7)% compared to the previous month (September 2024). Transactions in September 2024 had also decreased (0.7)% compared to the previous month (August 2024).

  • AVERAGE PRICES

    • A dollar-weighted average of prices for the top 500 items purchased increased 1.9% year-over-year, a decrease from the 2.1% year-over-year increase recorded in September 2024.

Retail Trade Comparative Data

The table below provides historical comparative data with the U.S. Commerce Department’s Advance Monthly Retail Trade same-store sales data excluding food service:

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