The newest RetailNext Retail Performance Pulse has been published and is available for download, providing an overview of brick-and-mortar store performance for the retail month of June 2017 (May 28 through July 1 on the industry’s standard 4-5-4 calendar).
After a slight reprieve in May, sales and traffic metrics declined on par with results seen in March and April. In June, sales were down 8.1 percent as compared to one year ago, on a decline of 8.3 percent in traffic. Average Transaction Value (ATV) trended down with sales, and reversed a three-month trend of positive increases, and overall transactions declined 7.3 percent year-over-year (YoY). The only bright spots were a 0.5 point bump up in conversion, with a corresponding 0.1 percent increase in shopper yield (sales per shopper).
Father’s Day was a driver for the month of June, and Saturday, June 17 was the best shopping day of the month for stores, as sales, traffic, shopper yield and transactions all peaked with shoppers busily finishing their Father’s Day buying.
For a full reporting of physical store performance for the month of June 2017, please download your copy of the Retail Performance Pulse today.
- Holy Sh*!, Amazon Bought Whole Foods … Now What? Blog
- “Always On” Requires Rethinking of Retail’s Seasonal Calendar Blog
- Stop Freaking Out: Curation, Convenience & Community – the Revitalization of Retail Blog
- Walgreens & Rite Aid – Who Wins? Blog