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First Week of March in Red Compared to 2019

Independent grocers reported their same-store sales were down 2.23 percent during the first week of March, compared to 2019. We also saw a decline in consumer count, this week down 2.80 percent compared to the same period last year.

CPI for All Items Up 0.1% in February as Shelter, Food Increases Outweigh Energy Decline

In February, the Consumer Price Index for All Urban Consumers rose 0.1 percent on a seasonally adjusted basis; rising 2.3 percent over the last 12 months, not seasonally adjusted. The index for all items less food and energy rose 0.2 percent in February (SA); up 2.4 percent over the year (NSA).

Read More: https://www.bls.gov/news.release/cpi.nr0.htm

NGA Compiled List of Resources for Independent Grocers to Utilize Regarding the Coronavirus.

Read more: https://www.nationalgrocers.org/news/national-grocers-association-coronavirus/

Same Store Sales % Change from last year

Same Store Sales – Previous Months

FMS Solutions Holdings LLC (FMS) — Since 1974, FMS has helped independent retail grocers succeed by transforming historical accounting activities into timely, accurate decision support tools. The company’s keen understanding of the challenges the industry faces has positioned it as the National Grocers Association’s (NGA) preferred provider of industry benchmarking, best practices, and mission-critical decision support. FMS is headquartered in Florida with additional offices in Pennsylvania, New Jersey, Maryland, Tennessee, Nebraska, Oregon, and Ontario, Canada. FMS services organizations in more than 4,200 locations across North America and the Caribbean, enabling them to improve profitability through better decision support. To learn more about FMS, please call 877.435.9400 or visit www.fmssolutions.com.

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